Get started

RAREUSDT

RARE coin, a rare multiple x growth opportunity in the making!The RARE token, native to the SuperRare NFT platform, has experienced a significant surge, increasing over 170% in the past 7 days and over 75% in the past 24 hours, reaching a price level of $0.18 on leading crypto exchanges. This uptrend has made RARE the daily top gainer on exchanges like Binance, Bybit, Coinbase, and Gate.io, where its futures open interest has also risen by over 200% in 24 hours. Despite being down 95% from its all-time high of $3.79 in October 2021, the current momentum suggests potential for further price action. SuperRare, established in 2018, has become a leading NFT and digital art platform, facilitating over $300 million in sales and providing $180 million in earnings to artists. It supports a sustainable creative ecosystem through perpetual artist royalties and uses blockchain technology to decentralize the art market. The RARE token plays a central role in SuperRare's ecosystem, serving as a currency, a means for staking and reputation building, and the governance token for RareDAO. --------- On our long term TA metrics, this is massively shifting based on long term data. Net + volume has surged 300% -- an unusual behavior hinting of long term positioning by buyers. A series of price growth is expected from here on. Spotted at 0.20 A rare bargain sale at this current price zone. TAYOR.
Long
by JSAL
3
Where does RARE go?After its correction, it has been pumped up sharply. Because it has not corrected on the way and has moved towards fresh supplies with a spike, it is expected to be rejected from the premium areas of the previous waves downwards (with a large time correction). Closing a daily candle above the red supply box will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
3
RARE/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! RARE looks good here. Forming a falling wedge-like structure in 4hr time frame and currently hovering near the lower trendline of the wedge. Expecting a good bounce from here. Buy some here and add more in the dip. Entry range:- $0.136-$0.143 Targets:- $0.168/$0.184/$0.202/$0.24 SL:- $0.129 Lev:- 2x-4x What are your thoughts on RARE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
1
Phemex Analysis 18: RARE's Next Move - Bullish or Bearish?PHEMEX:RAREUSDT.P recently experienced a meteoric rise, surging 300% in just three days. However, market sentiment quickly turned bearish, leading to a 54% price decline from its all-time high (ATH). Given this volatility, many traders are wondering what to expect next. Will RARE's price continue to drop, or could a reversal be imminent? Is now a good time to buy low, or should we consider shorting? To answer these questions, let's explore key support and resistance levels for RARE, and a few potential scenarios: Support and Resistance Levels Strong Support: $0.095, the level that marked the beginning of the recent parabolic rally. A break below this level could signal a more significant downtrend. Intermediate Support: $0.135. A retest of this level could provide a buying opportunity, but a break below it would weaken the bullish case. Resistance Levels: $0.172 and $0.19. These levels represent potential barriers to a sustained uptrend. A break above these levels would be bullish. Potential Scenarios Continued Decline: If RARE's price continues to fall, support levels at $0.135 and $0.095 may be crucial. The $0.095 level is particularly significant as it marked the beginning of the 300% rally. While buying the dip at these support levels might offer opportunities, it's essential to manage risk by avoiding over-allocation. Quick Rebound: Although less likely, a rapid price increase cannot be ruled out. If RARE's price surges, resistance levels at $0.172 and $0.19 could act as barriers. Short-term traders might consider going long during such a rally, aiming to profit from the subsequent pullback. Consolidation: Before another significant rally, RARE may need a period of consolidation to accumulate buying power. This could occur after a pullback to resistance levels or a decline to support levels. Patience is key in this scenario; wait for price action to confirm either scenario 1 or 2 before gradually accumulating positions. By carefully considering these factors and potential scenarios, you can make more informed decisions about your RARE investment. Note: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like Multiple Watchlists, Basket orders, and Real-time Adjustments to Strategy orders. Our USDT-based Scaled ordersgive you precise control over your risk, while Iceberg orders provide stealthy execution. Join Phemex today and unlock your trading potential. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Wait for RARE pullback before buyingRARE pumped by 367% in one Week 🚀 Looks like a good start to reverse from downtrend. But buying late is the worst thing you can do. So its worth to wait for pullback. Most interesting zones to buy the dips are ~0.19 and ~0.13-0.12 First one will be touched in any case, but hard to predict if there will be a quick bullish bounce, or just a small one, followed by second leg down. So watch it closely. Second zone much more interesting. Might require a week or two to get there. Month chart very promising. Good chances that 2025 will be bullish for RARE
by WiseAnalyze
1
RARE ANALYSIS ( breakout is done )🔮 #RARE Analysis - Breakout 🚀🚀 💲💲 In daily time-frame,Falling Wedge Pattern is forming and a good breakout is done ✅ But right now we can see that #RARE retesting the levels. After that we will see a good bullish move 💯🚀 💸Current Price -- $0.0852 📈Target Price   --  $0.1775   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #RARE  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
RAREUSDT.1DIn my detailed analysis of the RARE/USDT daily chart, there are several technical aspects to consider which help guide my perspective on future market movements. Market Position Overview: The current price of RARE/USDT is $0.0941, which has seen a decline of 2.39% in the most recent session. This movement requires careful analysis to decipher potential future trends and pivot points. Trend Analysis: A descending trendline is evident, reflecting a bearish bias in recent price action. This trendline connects a series of lower highs, highlighting downward pressure and resistance at higher levels. Support and Resistance Levels: S1 at $0.0526: This support level is critical and appears to be nearing a test in the current price trajectory. Its integrity will be key in determining the market's short-term direction. R1 at $0.1458: This is a significant resistance level. A break above this could signal a reversal of the bearish trend and a potential new bullish phase. Technical Indicators: Relative Strength Index (RSI): The RSI is at 46.19, below the neutral 50 mark, indicating slight bearish momentum. It's important to watch for any movements toward 50 or above, which could indicate increasing bullish sentiment. Moving Average Convergence Divergence (MACD): The MACD line is slightly below the signal line, reinforcing the bearish outlook. However, the small magnitude of the histogram suggests that the current momentum is not overwhelmingly strong. Volume and Market Sentiment: While volume specifics are not depicted, the understanding of volume trends can provide additional insight. Typically, a decrease in volume during a downtrend might suggest a weakening of bearish control, possibly indicating a reversal or consolidation period ahead. Strategic Trading Insights: Given the technical setup, I would adopt a cautious approach. Monitoring the price action near the support level S1 ($0.0526) is crucial. If the price holds above this level, it could provide a basis for a potential bullish reversal, particularly if accompanied by positive changes in RSI and MACD readings. Conversely, a breach below S1 could reinforce the bearish trend, potentially leading to lower lows. In this scenario, establishing short positions with a clear stop-loss above the most recent high could be considered. Conclusion: The RARE/USDT pair currently exhibits bearish trends with an immediate focus on the support at $0.0526. My strategy involves vigilance at this support level and readiness to adjust positions based on its response and related technical indicators. As always, risk management through proper stop-loss and position sizing remains a cornerstone of trading in such volatile environments.
by MarsSignals