FARTCOIN's recent performance is quite interesting. The price stabilized at the small support level of $0.23, surged to $0.32 but was pushed back down, with a slight daily decline of 3.23%. However, on the weekly chart, it actually increased by 3.21%—this kind of minor fluctuation indeed shows some resilience in the upward trend.
The key is that the big whales are moving. A single buy order of $2.66 million swept in 8.58 million FARTCOIN tokens, and this aggressive move is actually signaling something. According to on-chain data, top holders have increased their holdings by a total of 69.24 million tokens over these four days, selling only 18.08 million, resulting in a net increase of 51.16 million—clearly tilting the buy-sell dynamics.
But for now, the market hasn't been fully taken over by buyers. Sellers are still quite strong, with the RSI indicator hovering around 48, indicating that bulls and bears are still in a tug-of-war. However, if the whales continue to accumulate and absorb selling pressure, FARTCOIN is likely to retake $0.36 and even challenge $0.40. Conversely, if any unexpected event occurs, it might dip back to around $0.28 to find support.
The future direction of this market depends mainly on the subsequent actions of these large holders.
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PrinceVNath
· 7h ago
whales accumulating bla bla blah.
price falling daily without upward trend
Reply0
OnlyOnMainnet
· 10h ago
Whales are accumulating, this rhythm feels a bit familiar... Looking forward to the break below 0.36
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ChainSauceMaster
· 10h ago
Whales are accumulating, this rhythm is quite interesting. Let's see if they can withstand the selling pressure.
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BlockchainTherapist
· 10h ago
Whales are accumulating, what does this imply? 0.36 or 0.28, or are we all guessing wrong?
View OriginalReply0
MrDecoder
· 10h ago
The whales' recent accumulation is quite aggressive, with a net increase of over 50 million coins... It seems like they're trying to push the price up forcefully.
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liquiditea_sipper
· 10h ago
Whales are stockpiling, retail investors are guessing their intentions... I've seen this trick too many times, the key is whether you can hold onto 0.28.
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ChainMelonWatcher
· 10h ago
The whales' accumulation this time is really aggressive, with a net increase of 51.16 million coins. It seems they are all optimistic about this thing.
FARTCOIN's recent performance is quite interesting. The price stabilized at the small support level of $0.23, surged to $0.32 but was pushed back down, with a slight daily decline of 3.23%. However, on the weekly chart, it actually increased by 3.21%—this kind of minor fluctuation indeed shows some resilience in the upward trend.
The key is that the big whales are moving. A single buy order of $2.66 million swept in 8.58 million FARTCOIN tokens, and this aggressive move is actually signaling something. According to on-chain data, top holders have increased their holdings by a total of 69.24 million tokens over these four days, selling only 18.08 million, resulting in a net increase of 51.16 million—clearly tilting the buy-sell dynamics.
But for now, the market hasn't been fully taken over by buyers. Sellers are still quite strong, with the RSI indicator hovering around 48, indicating that bulls and bears are still in a tug-of-war. However, if the whales continue to accumulate and absorb selling pressure, FARTCOIN is likely to retake $0.36 and even challenge $0.40. Conversely, if any unexpected event occurs, it might dip back to around $0.28 to find support.
The future direction of this market depends mainly on the subsequent actions of these large holders.