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
Rarible
Are NFT Marketplaces a trend today? Which assets to choose? The anticipated release of $BLUR could force traders to reevaluate the NFT marketplace sector and create a wave of growth. In this article, we will gather the main assets from the NFT marketplace sector and compare their metrics and products.
The major players in the sector, the two biggest players OpenSea and Blur have no token
LooksRare ($LOOKS)
Price: $0.3
ATH Price: $5.3
Market.cap: $145m
ATH Market.cap: $757m
FDMC: $308m
Although $LOOKS is one of the largest companies in the sector, it is risky enough to buy the token. $LOOKS has a large number of stakers, some of whom bought and accumulated the token at lower prices
The $LOOKS token has risen 131% in the last 3 months.
SuperRare ($RARE)
Price: $0.17
ATH price: $3.1
Market.cap: $56m
ATH Market.cap: $317.8m
FDMC: $170m
One of the most popular niche marketplaces where unique art is traded, not collections. It is also interesting because it's listed on Binance, and Binance retail investors are willing to buy anything that's trending and can give profit.
$RARE token is up 92% in the last 3 months
X2Y2 ($X2Y2)
Price: $0.21
ATH price: $3.2
Market.cap: $38.6m
ATH Market.cap: $300m
FDMC: $209m
It is the largest volume marketplace after Blur and OpenSea, but its token is lower by all metrics than $LOOKS, for example. It can be considered as a potential alpha for narrative growth and one of the hidden gems along with $RARE.
$X2Y2 is up almost 400% in the last 3 months.
Rarible ($RARI)
Price: $2.27
ATH price: $45
Market.cap: $867m
ATH Market.cap:
FDMC: $56m
One of the oldest projects of the sector. It has the smallest metrics for today..
RARI token has risen 34% in the last 3 months
A little bit about $BLUR
The Blur project now is a direct competitor to OpenSea, whose capitalization was estimated at the market peak in 2021 at ~ $1b. The release of $BLUR with roughly the same performance for FDMC may prompt the rest of the market to review token prices for projects from the same segment and, even more interestingly, may prompt OpenSea to give up issuing shares and going public and move to prepare for a token issue so as not to lose its position in the market
Conclusion
This year may be a pivotal year for the entire NFT sector. The largest companies in the real sector have increased their presence in this market and almost all of them have their own initiatives for denser integration. The possible token rally of NFT marketplaces could be just the beginning of this trend
Share your thoughts about NFT projects in a comments section, whether it worth trading/investing or not. Maybe you did some profit with it and you're ready to share your experience. Also check links and start trading with us!
Thank you for reading!
$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
RARIBLE/USDT1. 85% Discount from ATH
2. MFI broke above 50
3. Bullish MACD histogram divergence
4. Provided the market is generous, we could see at least a 50% (T1) increase from the current price.
5. Not Financial or investment advice; what you see in the chart is one of the steps on how I select what to risk my money in. Always DYOR.
6. Comments and feedback from anyone experienced in trading are very welcome as I hope to continue learning this skill.
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 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!
tip: frenzy of NFTs tokens ! RARI/USDT analysis🌟Rarible 🌟is the first community-owned NFT marketplace
Create, sell or collect digital items secured with blockchain
If you are an avid follower of the crypto and altcoin market, odds are you have heard of Rarible. Rarible brands itself as the world’s first “community-owned NFT marketplace”. Furthermore, Rarible leverages its RARI token - which, similarly, is the world’s first governance token in the NFT field - to power this community-run platform model. In giving users a token with governance powers, Rarible is borrowing a page from the DeFi playbook. Now it remains to be seen whether this strategy will work in the NFT space as well.
Blockchain technology can be used for a wide variety of purposes. Cryptocurrencies and tokens are just one possible option to explore. Digital collectibles, secured with blockchain technology, is what Rarible is all about.
❇️The Rarible Vision Explained:
Many artists around the world want to share their vision with a global audience. That is certainly possible, but monetizing content has proven to be an immense challenge. Moreover, there is always the threat of someone stealing one’s artwork and using it for their own purposes. Blockchain technology can be of great use, with the help of platforms such as Rarible.
Through this platform, it becomes very easy to not only create, but also sell digital artworks and collectibles. Creators will be able to prove they are the creator, as the blockchain provides an immutable record. More importantly, this marketplace makes it very easy to monetize one’s hard work.
Known as Non-Fungible Tokens, or NFTs, Rarible is primarily designed to trade and sell unique or limited-edition creations. Following the video on the website, it is very easy to connect one’s wallet and gain access to the marketplace. Creators can choose the asset they want to sell, give it a name and description, and determine their own pricing for it.
❇️Great for Cheap and Expensive Art Alike
Contrary to what one may think, there are plenty of creations selling or decent money through Rarible. One recent work, called “yinsure”, sold for 60 Ether, or over $22,500. Artists who create less complex and time-consuming will still have a good shot at finding a buyer willing to part with his or her money.
The Rarible market place is providing a home for many different artists around the world. Whether it is true art, memes, or any other unique creation, it can be sold on the platform for whatever price one sees fit. More unique creations will often attract more attention.
❇️Several Payment Methods
Paying for art or collectibles on Rarible can be done in many different ways. Ethereum is the most obvious choice, but various ERC20 tokens can be used as well. Wrapped Ether, Dai, OMG, LINK, ENJ, and others are all supported. There is no option to pay with traditional payment methods, as that is not what this marketplace is designed for.
In the end, it is a great way for new and aspiring artists to gain some recognition at an early stage. Even though Rarible is primarily known among cryptocurrency enthusiasts, it is a very strong and growing community. Any effort to make a difference in other people’s lives is worth exploring.
(Refrences :cryptomode - rarible website )
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for RARI, The current price roam about 28 $,
Although this currency has not been added to the market for a long time, we can imagine two different patterns of cup and A flag at the same time, which give us almost certain targets.So Reaching the first target about 70$ is not unlikely even in the short term, but the next goals depend on conditions of crypto market and the green market .
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
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!
$XCUR at a key level• 95% circulating supply (big yes). The majority of it(Over 60%) is with holders.
• Good community following and engagement
• 38m market cap in a growing space. Rank #586. If it makes the top 100 which is very much possible, will have a market cap of about 800m.
800/38= 21X. That's 21x given similar market conditions.
• Low commission, gasless, multichain NFT marketplace
• Clean UIU/UX
• Good partnerships: Expedia, Shooping.io, travala, Viator
• Token burns
TA looks good,
- Broke out of downtrend and laddering up
- Origin level at 4.722. Break and retest is a good buy zone
- Bullish Moving averages aka trend
H/e,
• RSI overbought
• Lots of competition: Opensea, rarible, binance,etc
Idea credit: Bitcoin Chris
The RoadMap of The Altcoin GEM! DONT'T YOU MISS THIS!!!!Hello Friends,
RARIBLE is definitely one of the best altcoins in the market! With a solid fundamental basis, and this technical chart it is really dumb not to include some of it in your bags!
Stay SAFE and Don't miss RARI!
Wish you the best of luck,
CryptoZhozei here!
Rarible - RARI to Explode in 2021 - $500 to $1k per coin by DecRarible is the Uniswap for NFTs! I've been accumulating RARI from $5 to $20 the past couple weeks and plan to buy more.
This one is a low cap crypto gem hidden in plain sight with 25x to 50x potential from current levels. $100 likely come by end of Q1 with a target range of $500 to $1,000 per coin by end of the year.
This leading NFT Marketplace just closed a $1.75M seed investment from from 1kx, Coinbase Ventures and CoinFund... and expect there will be a Series A and Series B round over the course of this year.
I also suspect many high profile investors are about to pile in on RARI or already have and will publicly announce soon.
www.coindesk.com
Rarible has recently garnered celebrity attention. Rapper Soulja Boy created his own NFT in his likeness followed by Dallas Mavericks basketball team owner Mark Cuban, who sold his NFT at auction for 30 ether (ETH) worth some $15,000.
Enjoy the ride!
-Crypto Ryno