- FET forms a golden cross, gains 25% weekly with 143K holders and rising user activity, next resistance lies between $0.81 and $1.04.
- MANA breaks resistance at $0.30, volume surges to 21.6M; RSI nears 70, indicating strong buying but possible short term pullback.
- FARTCOIN increased by 108% in a month, boosted by a $1.7M whale buy; trading near $0.89 with resistance near $1.07.
Despite the current market volatility, certain altcoins have maintained strong upward movements. MANA, FET, and FARTCOIN have each shown distinct resilience, posting double digit gains over different timeframes. These gains come as the crypto market cools down across major crypto assets.
FARTCOIN in particular has surged over 100% in the last month. Analysts have been keen on the asset, especially after a whale accumulated $1.7 million worth of FARTCOIN in a single purchase, according to Lookonchain. This shift in momentum has prompted questions about whether it’s time to reconsider positions in these assets.
MANA’s Strong Volume and Buying Pressure
At press time, MANA was trading at $0.3194 after gaining over 10% in the past 24 hours. Weekly and monthly gains are at 10.56% and 20.70%, respectively.
The asset recently broke through key resistance between $0.28 and $0.30, supported by high volume. Daily trading volume is at 21.61 million, exceeding previous averages. The RSI is up to 69.78, approaching the overbought level of 70. This shows increased buying activity.
However, it may also point to potential near term exhaustion. The Accumulation/Distribution (A/D) line has also surged to 4.22 billion, indicating continued buying strength over selling pressure.
Notably, MANA previously declined from above $0.80 in December 2024 to under $0.20. Since February, it has traded sideways before its recent surge. A sustained move above $0.34 could lead to an increase to $0.45.
FET Bullish Crossover and Recovery in User Activity
FET has also had gains, now trading at $0.6112 with 6.55% increase in 24 hours. Over the past week and month, gains are at 25.03% and 19.18%, respectively. The asset has crossed above both its 50 day MA at $0.579 and 200 day MA at $0.484.
This golden cross formation may suggest the beginning of a longer recovery phase. FET’s on-chain metrics support this move. Daily active addresses have climbed in April, while holder count is now around 143,000.
Open interest is low at 320, indicating reduced leveraged activity. The upward slope in the 50 day MA and steady growth in address count support current strength. Resistance between $0.81 and $1.04 may present the next test.
FARTCOIN Whale Entry and Holds Above Mid Band
At the time of writing, FARTCOIN was trading at $0.8892, a 5.33% rise in 24 hours. It gained 6.54% in the past week and 108.10% over the month. According to Lookonchain, a whale bought 2 million FARTCOIN at an average of $0.85 seven hours ago.
From a low of $0.35 in March, FARTCOIN surged sharply toward $1.07 before consolidating. Volume is at 2.77 million. Bollinger Bands place the current price between the middle band at $0.71 and the upper band at $1.07.
The MACD line at 0.10532 is above the signal line at 0.10209, while the histogram shows a mild positive value. This shows the ongoing upward pressure, though movement appears to be slowing. How the asset interacts with the $1.07 level will likely determine the next directional move.
