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Fartcoin price forecast has been boosted by on-chain activity

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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. Simply catching Gold on yearly increase (+45% on the year) would mean another 16% from here for Bitcoin ($140,000), and that doesn’t take into account any other factors. 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. Bollinger Band analysis shows Fartcoin price tightening within a squeeze formation; traders expect expansion with a forecast bias toward upside targets.