Crypto News Update: FARTCOIN Survives $4.7M Whale Sell-Off — Is a Breakout Beyond $1.18 on the Horizon?

FARTCOIN’s market was instantly rocked on Wednesday when a whale made a huge move by dumping $4.7 million worth of tokens. The dump came as a surprise, especially after the whale had bought $2.4 million in FART live price between $0.20 and $0.30 per token. Their holdings rose to a staggering $10.4 million before they decided to take their cash and leave, selling almost half of their holding at an average price of $1.18, making a tidy profit of around $5.14 million.

The large-scale liquidation triggered a market reaction, causing FART price increase to dip sharply. The investor quickly converted their assets into USDC stablecoins, adding to the volatility. However, despite this initial shock, the investor still holds a considerable portion of FARTCOIN, valued at $5.57 million, signaling that the overall outlook for the coin remains strong.

FARTCOIN Finds Its Footing: Price Recovers to Close the Day in Green

While the market saw steep price fluctuations after the whale’s sell-off, FARTCOIN recovered quickly. By the close of the trading day, the price settled at $1.11, representing a 2.54 percent daily gain. The FART bullish chart shows an initial surge upwards, followed by a short drop, before the coin went into a phase of relative stability with some very intense fluctuations along the way. This bounce back demonstrates the resilience of FARTCOIN and its capacity to recover momentum even after a dramatic market shock.

Key Support and Resistance Levels Every FART Trader Should Watch

FART price increase have revealed key technical levels that traders are closely monitoring. Support levels have formed around the $1.08 mark, providing a reliable zone for rebounds during short-term intraday pullbacks. Additionally, the $1.10 level has proven to be a strong point of defense, with the coin consistently holding firm against bearish pressure throughout the day.

On the resistance side, FART live price reached a peak of $1.17 before facing a downward shift. Price rejections at $1.15 have reinforced the sellers’ position in the market, adding to the challenge of pushing beyond this zone. These key levels of support and resistance are essential for traders looking to understand the price dynamics and potential future movements of the coin.

Volume Stays High: FARTCOIN Liquidity Remains Strong Despite Whale Exit

Even with all the recent uncertainty, FART price surge has maintained massive trading volume. In the past 24 hours, the market executed $447.57 million in trading volume, which indicates that people are still actively trading the token, so it has not stopped trading altogether. The high volume that FARTCOIN has experienced shows there is enough liquidity in the market to help mitigate some of the price fluctuations seen so far.

Chart 1 – FART/USD, published on TradingView, April 25, 2025.

Although 999.99 million of the circulating supply of FARTCOIN was in the market to create price rotation, this also enabled a tighter price rotation model, as FARTCOIN has lots of supply to take on larger trades without drawing down price movement factors. All of this has helped create actual stability in the market.

Momentum Builds: Technical Indicators Suggest a FARTCOIN Breakout

FART bullish chart indicates relative strength index(RSI), currently 64.56, is approaching an overbought condition, but it appears there is still room for upward movement and FART bullish breakout, so there could be more upward momentum before the market reaches saturation.

What’s Next for FARTCOIN? Bullish Breakout May Still Be in Play

FART price increase may have further to rise if players in the marketplace continue to eye technical levels and look for other signs of strength. The possibility that this coin could finally FART bullish breakout is supported by its ability to survive the volatility and prepare for the next leg up. For traders, that means studying any price resistance and support levels, indicators, and what that means for the next market move.