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Top 3 gainers Fartcoin, Virtuals Protocol, Curve DAO: Altcoins surge as FARTCOIN eyes $2 goal :
Fartcoin steadies recovery above $1.20, bringing the $2.00 goal within reach.
Virtuals Protocol price soars as golden cross pattern bolsters uptrend momentum.
Curve DAO breaks out of a cup and handle pattern, supported by increasing trading volume and trader confidence.
The wider cryptocurrency market may have slowed the relief rally that began after United States (US) President Donald Trump paused reciprocal tariffs for 90 days on April 9, but select altcoins such as Fartcoin, Virtuals Protocol (VIRTUAL), Curve DAO (CRV) do not show any signs of a waning bullish momentum. Over the last few weeks, Fartcoin has flipped the bullish trend, riding the wave of Solana-based meme coins' comeback to reach a four-month high of $1.25.
The resurgence of bullish sentiment in the market reflects improving optimism as the US and China ease trade tensions, with expectations of a short-term tariff agreement paving the way for a broader deal.
Fartcoin's bullish outlook prevails :
Fartcoin's price hovers at $1.22 at the time of writing on Thursday, amid an extended rally from its April low of $0.35. The meme coin's ascent above the 12-hour 50, 100, and 200 Exponential Moving Averages (EMA) flipped the narrative bullish, igniting trader interest and confidence in the recovery.
Fartcoin's price remains above the key moving averages, indicating a potential long-term bullish trend, which has been recently reinforced by breaking through the critical $1.00 and $1.20 levels.
The SuperTrend indicator presented a buy signal on April 10, which continues to influence Fartcoin's bullish structure. This buy signal occurs when the indicator flips below the token's price, and the color on the chart changes from red to green.
Traders should watch for confirmed support above the former resistance, now acting as support at $1.20, to gauge the strength of the uptrend. On the upside, supply zones at $1.50 and $1.80 are key to monitor as Fartcoin aims for its $2.00 target. However, profit-taking at these levels might hinder the uptrend or trigger a reversal.
#FARTCOIN#