Fartcoin price forecast has been boosted by on-chain activity

Fartcoin price forecast has been boosted by on-chain activity growth, with daily active addresses rising 12% week-over-week, a metric often preceding stronger price appreciation phases. However, failure to hold $0.24 support could invalidate the upside momentum and raise the risk of a possible retracement toward $0.22. Last week, the Chairman of the Federal Reserve, Jerome Powell, confirmed that the central bank is ready to make an interest rate cut as employment and economic growth data shows that the U.S. economy is doing alright. Fartcoin’s forecast volatility index has dropped by 8%, often preceding price surges when combined with improving market depth and bid-side orders.