FUNDAMENTAL ANALYSIS: Founded in 2018, SuperRare is the leading curated marketplace for onchain art with more than US300M in total sales and US180M earned by artists. As one of the earliest champions of perpetual artist royalties, SuperRare is working to improve discovery while decentralizing the art market. Core to SuperRare is RARE, a token offering utility as a currency on the marketplace, a staking based reputation system, and DAO governance rights.
TECHNICAL ANALYSIS: RARE has recently broken out of a falling wedge pattern. Currently, it is undergoing a retest of the breakout level, with the price holding above the EMA support.
SPOT long Trade Details:
Entry Point: Market Price (CMP) up to $0.08 Target Prices: $0.13 $0.18 $0.26 $0.37
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