Fartcoin (FARTCOIN) is currently priced at $0.157776, reflecting a significant 24-hour decline of 11.19%. The asset has experienced a daily range between a high of $0.177881 and a low of $0.153823, indicating heightened volatility with a daily range of 0.024058%.

The trading volume stands at 67,822,226, translating to a volume-to-market cap ratio of 43.07%, suggesting robust trading activity relative to its market capitalization. Moving averages indicate bearish trends, with the 8 SMA slightly above the current price at $0.1574, while longer-term SMAs (21 SMA at $0.1662 and 55 SMA at $0.1767) show considerable declines, reflecting a lack of upward momentum.

The 1-hour RSI is notably low at 28, suggesting oversold conditions in the short term, while the 7-day RSI at 40 indicates weakening momentum. Over the last 7 days, FARTCOIN has decreased by 21.33%, and a more extended analysis shows a 14-day decline of 14.72% and a 30-day drop of 47.93%, underscoring a persistent downtrend.

Fartcoin's all-time high of $2.48, reached on January 19, 2025, highlights the asset's potential; however, it currently trades significantly lower, indicating a challenging recovery phase. Given the current technical indicators, including the bearish moving averages and low RSI, sentiment appears negative.

Based on this analysis, I rate Fartcoin as a Sell. The significant downtrend, coupled with the bearish momentum and low RSI readings, suggests further downside risk in the near term, warranting caution for potential investors.