Solana-based meme coin FARTCOIN has witnessed a 20% increase in its value over the past day, currently trading at $1.45, close to its all-time high of $1.61. This surge positions FARTCOIN as the market's leading gainer.
The meme coin is demonstrating a robust bullish trend, evidenced by its Balance of Power (BoP) indicator at 0.53, showing increasing buying pressure.
It's also significantly above its Ichimoku Cloud, a sign of a sustained upward trajectory, with dynamic support levels at $1.10 and $0.87.
If this momentum continues, FARTCOIN could surpass its all-time high. However, if selloffs ensue, its price may drop to $1.03.