Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
FARTCOIN To Rise Further? Key Pattern Suggests Potential Upside Move

FARTCOIN To Rise Further? Key Pattern Suggests Potential Upside Move

CoinsProbeCoinsProbe2025/05/19 01:55
By:Nilesh Hembade

Date: Sun, May 18, 2025 | 01:10 PM GMT

The cryptocurrency market has mounted a solid comeback in recent weeks, with Ethereum (ETH) continuing to lead the charge. ETH has surged more than 57% in the past month and is now trading above $2,500 — a level not seen since late February. This bullish momentum is lifting sentiment across memecoins, including Fartcoin (FARTCOIN), which has seen monthly gains of over 67%.

Now, a potential breakout pattern on the charts could be hinting at even more upside for FARTCOIN .

FARTCOIN To Rise Further? Key Pattern Suggests Potential Upside Move image 0 Source: Coinmarketcap

Power of 3 Pattern in Play?

Zooming into the 4-hour chart, FARTCOIN appears to be forming a classic “Power of 3” pattern — a popular setup in smart money trading that unfolds in three phases: accumulation, manipulation, and expansion.

Accumulation Phase: From May 9 to May 16, FARTCOIN traded in a tight sideways range between $1.24 and $1.47, shown as the gray zone on the chart. This was likely a period where larger investors, or “smart money,” quietly accumulated positions without causing major price movement.

FARTCOIN To Rise Further? Key Pattern Suggests Potential Upside Move image 1 FARTCOIN 4H Chart/Coinsprobe (Source: Tradingview)

Manipulation Phase: Then came a sudden dip on May 16, when FARTCOIN fell to around $1.15. This drop likely triggered stop-losses and shook out weak hands — a classic manipulation move to catch retail traders off guard.

Expansion Phase: Immediately after the shakeout, FARTCOIN rebounded sharply, climbing back above $1.24 and now challenging the previous resistance at $1.47. If the price can break through this level convincingly, it would confirm the start of the expansion phase — where price surges as smart money unloads into demand.

What’s Next for FARTCOIN?

If FARTCOIN closes above $1.47, the next upside target sits near $1.80, as highlighted by the green projection box on the chart. That would mark a potential 40% gain from current levels — a strong move that fits the typical price action seen in completed Power of 3 structures.

This target also aligns with the zone where institutional players might look to take profits, making it a critical level to watch.

Final Thoughts

FARTCOIN’s current chart setup suggests that it’s more than just another memecoin pump. The structure forming here is one that experienced traders look for, especially when paired with improving sentiment in the wider altcoin market.

Of course, crypto remains volatile, and there’s no guarantee of success. But if this Power of 3 pattern plays out fully, FARTCOIN could be gearing up for a breakout move that turns heads.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

ECB Presidential Contest Centers on Crisis Management: French Debt Risk Becomes the Touchstone

The competition for the position of President of the European Central Bank is increasingly centered on a key question: which candidate is best equipped to deal with the "vigilantes" of the bond market? As France's debt issues revive memories of turmoil in the Eurozone and the current president, Christine Lagarde, prepares to step down early, Dutchman Klaas Knot and Spaniard Pablo Hernández de Cos may soon take over amid financial turbulence.

智通财经•2026/10/25 10:41
ECB Presidential Contest Centers on Crisis Management: French Debt Risk Becomes the Touchstone

Deutsche Bank, which "accurately called the top" two weeks ago: Tech stocks need to "fall another 5%" to reach the "long-term trend bottom"

After Deutsche Bank downgraded its rating on US tech and large-cap growth stocks two weeks ago, tech stocks have underperformed the rest of the S&P 500 components by 12 percentage points. However, Deutsche Bank noted that tech stocks still have about 5 percentage points of downside before reaching the bottom of their long-term trend channel. Institutional positions have been quickly cooling, and signs of outflows from the $30 billion bottom-fishing funds are beginning to appear. Going forward, earnings performance, capital flows, and external risks will determine whether the adjustment stops at structural rotation.

华尔街见闻•2026/10/25 07:21
Deutsche Bank, which "accurately called the top" two weeks ago: Tech stocks need to "fall another 5%" to reach the "long-term trend bottom"