Fartcoin (FARTCOIN) is enjoying a new wave of enthusiasm as the coin becomes the top performer of the day. Over the last 24 hours, the coin has surged by 19% owed to renewed optimism by investors. This optimism is majorly fueled by the recent announcement that Coinbase is set to list FARTCOIN Perpetual Futures. 

Amid the nearing listing on Coinbase, technical indicators also point to continued momentum. This has left analysts eyeing for a Fartcoin rally to $2.50, which would mean a new all-time high for the memecoin. 

FARTCOIN’s 19% Price Rally 

Since May 23 2025, Fartcoin has been moving in a broadening falling wedge pattern. However, the memecoin finally found support around the $0.8977 and $0.9467 zone as Coinbase announced the addition of Fartcoin to its listing roadmap on June 5. Coinbase is set to list the meme coin’s perpetual futures as from Thursday 12, 2025. 

The move has since attracted memecoin investors with FARTCOIN setting on a bullish rally since June 7. Over the last 24 hours, the frenzy around the memecoin has seen it rise by 19.82%. Fartcoin is trading at $1.2770 as at press time, according to the daily chart on TradingView. 

The coin market cap has also surged in tandem over the last 24 hours as Fartcoin eyes to flip SPX6900 (SPX) memecoin in market capitalization. Data by CoinMarketCap shows that the Solana-based memecoin has a market cap of $1.27B just below SPX’s $1.28B market cap. Flipping SPX would push Fartcoin into position #6 in memecoin ranking per market cap. 

Fartcoin’s RSI and MACD Point to Continued Momentum

The technical indicators for Fartcoin points to bullish momentum. For instance, the RSI has risen to 55.50, going over the neutral level at 50 as per TradingView data. This means more positive momentum for the memecoin. Additionally, the rise from below 40 to the current level suggests that traders are back to buying. This is clearly depicted by the RSI value which is now above its moving average at 44.35. Should this trend persist, the next important price target for Fartcoin could be at $1.50. 

The bullish outlook is also backed up by the MACD indicator. The MACD (blue) at -0.03117 is above the signal line (orange) at -0.03349, forming a bullish crossover. More importantly, the histogram is now green showing an indication of the continuation of the bullish momentum. Usually, this situation increases the confidence of investors who eye an upward trend for the Solana-based memecoin. 

Analysts Eye Rally $2.50

With Fartcoin now backed by strong interest from retail investors amid Coinbase listing enthusiasm, analysts are eyeing a higher price target. For example, Coinpedia Markets predicted that the price could reach $2.50 if the momentum continues. However, FARTCOIN must first clear the key resistance at $1.63 to open the door for such a rally. 

“It [Fartcoin] could next break $1.63 resistance to reach its peak $2.50 this week,” Coinpedia Markets wrote. 

A parabolic surge of this manner would push the memecoin to a new all-time high. The current ATH sits at $2.09 level and was recorded on Jan 20 2025. Nonetheless, FARTCOIN gains moving forward will be dependent on new announcements and community driven strength.