FARTCOIN To Dip Further? Key Pattern Hints at Possible Downside Before Bullish Reversal

Date: Fri, Oct 31, 2025 | 11:40 AM GMT The cryptocurrency market is experiencing high volatility today, with both Bitcoin (BTC) and Ethereum (ETH) trading in the red. The decline has triggered nearly $868 million in total liquidations, out of which $747 million came from long positions. Following this broad sell-off, major memecoins have also seen steep declines — including Fartcoin (FARTCOIN), which is down 6% today, extending its monthly loss to 47%. However, the chart is now highlighting a potential harmonic setup, suggesting the token could face a bit more downside before staging a meaningful rebound.

FARTCOIN Daily Chart/Coinsprobe (Source: Tradingview) Bullish Shark Pattern in Play? On the daily chart, $FARTCOIN appears to be completing a Bullish Shark harmonic pattern — a structure often seen near the end of extended downtrends before a rebound begins. The move began from Point X near $0.1987, followed by an upswing to Point A around $1.06, then a correction to Point B near $0.58, and another sharp rally toward Point C around $1.76. Since then, the price has entered its final leg (CD), currently trading near $0.3386, indicating that the token is approaching its Potential Reversal Zone (PRZ).

FARTCOIN Daily Chart/Coinsprobe (Source: Tradingview) What’s Next for FARTCOIN? For now, sellers remain dominant, with FARTCOIN trading well below its 100-day moving average (MA) near $0.76. The token is also facing trendline resistance along the descending channel drawn from the August highs. If the bearish momentum continues, one more corrective leg toward the $0.10–$0.20 zone could complete the Shark pattern, marking the potential end of the current downtrend. A bounce from this region could signal the start of a strong bullish reversal. However, for bulls to regain control, a decisive move above $0.43 resistance zone and breakout above the 100-day MA will be crucial. Such a move could confirm the bullish reversal and open the path toward the $0.95–$1.10 area over the coming weeks. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.