Fartcoin (FARTCOIN) is currently trading at $0.343337, reflecting a 7.08% decrease over the past 24 hours. The asset has experienced a daily range between $0.33778 and $0.369636, indicating a relatively narrow volatility profile with a daily price fluctuation of approximately 3.42%.

The trading volume stands at 61,660,686, contributing to a volume-to-market cap ratio of 17.96%. This suggests a moderate level of market activity, but the significant drop in price over the last day may deter new buyers and indicate potential selling pressure.

Technical indicators present a mixed outlook: the 8 and 13-period Simple Moving Averages (SMAs) are showing slight positive momentum, while the longer-term 55 and 144 SMAs are in decline, indicating bearish sentiment in the medium to long term. The one-hour Relative Strength Index (RSI) sits at 46, suggesting a near-neutral trend, while the 7-day RSI at 47 indicates a slight bearish tendency, reinforcing caution among traders.

Over the last week, FARTCOIN has seen a price decline of 10.45%, and a 14-day change of -4.89% further solidifies the negative momentum. However, the 30-day price change of +24.63% hints at a potential recovery phase, indicating that the asset may still attract interest from long-term holders.

The all-time high for Fartcoin remains significantly above the current price at $2.48, reached in January 2025. This stark contrast suggests that FARTCOIN is currently trading at a substantial discount, which may appeal to speculative investors looking for value.

Given the current bearish sentiment reflected in the short- and medium-term trends, along with the declining SMAs and RSI indicators, a cautious approach is warranted. Therefore, the rating for Fartcoin is a Hold; potential investors should await further stabilization or signs of a trend reversal before considering entry points.