Fartcoin Surges 21% to $1.07 Following Coinbase Roadmap Announcement
Fartcoin (FARTCOIN) Update
- Price rose 21% in 24 hours to $1.07, despite a 1.4% drop in the overall crypto market cap.
- Trading volume increased by 90%, reaching $417 million.
- Market capitalization jumped 20%, hitting $1.07 billion.
- Coinbase announced Fartcoin's addition to its asset roadmap, alongside Subsquid (SQD).
- Listing is contingent on market-making support and technical infrastructure.
- Competitors like Robinhood are putting pressure on Coinbase for retail trading interest.
- Mixed reactions online with skepticism about the listing being for exit liquidity.
Price Outlook
- Fartcoin crossed $1 after previously dropping to $0.87.
- RSI at 55 indicates a moderate uptrend.
- Currently testing resistance around the middle Bollinger Band at $1.03.
- MACD shows bullish momentum with a crossover into positive territory.
- A close above $1.2 could lead to a price target of $1.35.
