Date: Sun, March 23, 2025 | 12:00 PM GMT
The crypto market is showing minor signs of a rebound as Ethereum (ETH) gains 7.11% this week, while a 0.33% decline in Bitcoin dominance has allowed altcoins and memecoins to breathe after months of selling pressure. As sentiment slowly shifts, memecoins like Fartcoin (FARTCOIN) and Goatseus Maximus (GOAT) are starting to show signs of life.
FARTCOIN has already launched an impressive recovery, surging 57% in a week and narrowing its 90-day decline to 21%. Meanwhile, GOAT, which has suffered a massive 88% drop, is still struggling but showing early indications of a potential turnaround.
Fartcoin (FARTCOIN)
FARTCOIN has been in a steep decline since mid-January, when it faced a sharp rejection from its all-time high of $2.73. The correction dragged the token down by over 90%, finding support around $0.20 on March 11. However, this level has proven significant, as the price has since rebounded, forming a Rounding Bottom Pattern—a classic reversal structure.
The rally has pushed FARTCOIN up 142% from its bottom, climbing to $0.52 and breaking above the key 50-day moving average. This is a strong signal that momentum is shifting. The MACD indicator is also flashing bullish signals, with the MACD line crossing above the signal line and increasing positive histogram bars.
This confirms growing momentum, strengthening the case for further upside. If the pattern plays out fully, a potential move toward the $2.50–$2.75 range could be in store over the coming months.
GOAT: Will It Follow FARTCOIN’s Path?
Like FARTCOIN, GOAT has been trapped in a brutal downtrend since November, facing rejection from its all-time high of $1.37. The price collapsed by more than 95%, recently hitting a low of $0.059, where it appears to be forming a similar Rounding Bottom Pattern.
GOAT’s MACD is showing early signs of a trend shift, with the MACD line nearing a bullish crossover. However, the histogram bars remain weak, indicating that buyers need to step in more aggressively to confirm a reversal.
If GOAT follows the same trajectory as FARTCOIN, a break above the 50-day moving average could confirm a recovery, potentially sending it back toward the $1.37 level in the coming months.
What’s Next for FARTCOIN & GOAT?
With FARTCOIN already leading the way, the bullish momentum is growing. If it can maintain its rally above key resistance levels, a full trend reversal could take shape. GOAT, meanwhile, is still in the early stages of its potential comeback. While it has found support, it has yet to confirm a strong breakout. If its MACD strengthens and it mirrors FARTCOIN’s move, a breakout could follow in the coming weeks, but further confirmation is required.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.