RARI USDT TO $50RARI USDT TO $50
Long accumulation phase on WEEKLY timeframe that finally broke out.
This recent breakout from a long accumulation phase on the weekly timeframe suggests significant potential upside.
Notably, it broke out of a drawn-out weekly descending channel.
Generally, the higher the timeframe of the breakout, the larger the potential move.
We observed a similar scenario with AVAX. We entered AVAX when it was under $10 and caught the mega-pump upwards of $40.
Target: $50
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Why $50?
RARI boasts a maximum supply of 25,000,000 tokens, with nearly half of that already in circulation, totaling 11,578,869. Presently, the market cap stands at $50,000,000. In the dynamic world of NFTs, which gained substantial traction in 2021 and are poised for even greater prominence in the upcoming bull run, RARI stands out. Not merely an NFT platform, RARI has evolved into a Layer3 ETH chain, featuring its own smart contract platform. This development is significant and positions RARI for substantial growth.
A noteworthy aspect that often goes unnoticed is RARI's dual presence on Coinbase, as well as its inclusion in the Coinbase Ventures Portfolio. Historical trends indicate that coins backed by prominent institutions and venture capitalists tend to perform exceptionally well. Given its functional utility and use case, a target of $50 seems plausible. Achieving this mark would elevate the market cap to $500,000,000, a realistic milestone.
It's essential to recognize the scarcity of RARI's token supply, making it susceptible to significant price pumps. While the potential for RARI to surpass $50 exists, this target represents a conservative estimate. It's crucial to acknowledge that we're still in the early stages of RARI's journey, particularly considering that its smart chain has recently launched. Therefore, achieving this long-term target may take months or even years.
Rarible Protocol – open-source and free-to-use infrastructure for building NFT apps and experiences, such as marketplaces, wallets, analytics and more. RARI Chain is a secure and low-cost Ethereum L3 chain that guarantees royalty payments through enforcement on the node level. RARI Foundation and RARI DAO are committed to broadening the NFT use case horizon by creating a creator-centric and fully decentralized robust ecosystem.
RARI has been a fixture on my watchlist for months, and I'm pleased to share that my average entry price was $1.57, a detail I've also shared with my followers.
COINBASE:RARIUSD KRAKEN:RARIUSD CRYPTO:RARIUSD POLONIEX:RARIUSDT MEXC:RARIUSDT COINEX:RARIUSDT GATEIO:RARIUSDT BITMART:RARIUSDT
RARI
Posted on $RARI $DODO $BADGER & $FARM days ago$RARI seems 2b coming to life
Volume good today
$1+ > 2 is possible
$DODO just keeps going
Buy volume still coming in, already did 2x from buys
3x?
$BADGER had nice run, may be losing steam for now
May be time to start nibbling back into $FARM
#altcoin #crypto #altcoins #defi #NFT #metaverse
$RARI #RARI BULLISH REVERSAL OR NEW LOWS??????????????????RARI structure for me isnt enough to surgest the bottoms in, but while we are at these current low across the board i ask you to look at the structure to the left, you should see the level of liquidty built up at $1.83 RETAIL SAFE HEAVEN, ive highlighted this across multiple asset that are seeing a bullish trend reversal.The large swing high you see at $5.30 could be the level we see price catipulte from once breached, but while we are down at current levels of price, if we see strutuce as per chart then we can be a buyer of each retest to take advantage of such move.
AGAIN with our analysis on dxy and strong bounce will drop crypto and alts like rari IF they dont expand prior to this DXY correcton she will make new lows.
NFA
RARIUSD - Symmetrical Triangle|Possible BreakoutHello everyone,
For those who's still waiting for RARI to pump, we are getting closer and closer everyday.
RARI's making a big development in matter of NFT marketplaces, by integrating OpenSea into their's.
There are some resistances that we will met on our way to $80, which can be easily passed.
This is not a trading advice,
St.Gex
RARI inside falling wedge#RARI/USDT
#metaverse token
$RARI broke out from descending resistance and still hold above support zone between $12.29 and $12.83.
holding this support will lead price upward to touch upper line of long term falling wedge.
break out from wedge pattern can increase price toward $20 and in long term we may see $30.
but break below support zone will drop price to lower line of falling wedge around $9
🆓Rari Governance Token (RGT) Dec-21 #RGT $RGT
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 22$ zone
🔴Buy : 22
🔴Sell : 26 - 30 - 40
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 22$ zone
🔵Sell : 22
🔵Buy : 18
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
RARI is so beautifulI've been watching RARI for quite some time. I am going to wait for the retest of the bottom green trendline until further notice; however, if we continue the downtrend, I will have buy orders set at 14.08, 13.34, and 12.20. Stoploss will be set at 11.50. Happy trading fellow traders!
Rarible: RARI - Value Buy Zonerarible.com is an Ethereum NFT market that makes it easy to mint, buy and sell NFTs.
Using GANN and TRENDLINES we can see that RARI is coming into a good value buy position. I think the market is in a pro-curious state right now so am holding out for the possibility of cheaper buys indicated by the green box, and the more yellow box being target if there is a Evergrand related black swan or something.
Who knows at the moment but if market conditions were healthier, or to get better then RARI is at a good buy point for long term hodl or medium term trade.
Not financial advise, just sharing my ideas.
Thanks!
How I think most ALTS will moveHere are some of many
*Doesn't matter which coin, I just wanted to see the pattern they all shaping