Fartcoin Outshines Dogecoin, Shiba Inu And Targets 466% Rebound
Fartcoin’s (CRYPTO: FARTCOIN) breakout from a months-long downtrend may be the start of a 466% rally, if technical analysis confirms the breakout.
Breakout Follows Weeks Of Tight Compression
Fartcoin Price Dynamics (Source: TradingView)
Fartcoin spent most of November compressing inside a falling wedge, with volatility falling sharply as Bollinger Bands narrowed toward levels that often precede strong moves.
Buyers repeatedly defended the lower boundary earlier this month, preventing a breakdown and laying the base for reversal.
The latest move pushed price above the inner trendline for the first time since October.
The daily candle reclaimed the mid-Bollinger band and tapped the upper band in the same session, showing a clear shift in momentum.
Parabolic SAR flipped bullish at $0.456 after weeks of pressure.
Lower Timeframes Confirm Shift In Structure
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