- RARE breaks a 742-day downtrend, forming a bullish structure with higher highs and lows, signaling potential for a 33x rally.
- A surge in trading volume in early 2025 confirms strong market participation, validating RARE’s breakout and suggesting continued upward movement.
- The projected $2.12 target aligns with RARE’s 2021 all-time high, offering a 33x return if the resistance is broken.
Prices of the RARE token have surged with momentum, showing signs of a powerful bullish reversal. After breaking a 742-day downtrend, RARE trades near $0.07008, well above its historic low. This breakout, supported by major volume spikes, hints at a potential rally toward $2.12984—representing an over 3,210% increase from current levels.
A protracted negative cycle that began in late 2021 came to an end with this huge breakout, which occurred in November 2023. Several unsuccessful breakout attempts demonstrated that the token has been continuously rejected at a declining trendline. However, driven by some of the biggest volume bars, November’s breach signaled a sea change.
Additionally, the breakout took place close to $0.050, which had previously served as a crucial resistance level. Since then, the coin has developed a bullish structure by making higher highs and higher lows. The establishment of a stable basis for further upward movement is suggested by the price action’s entry into a horizontal accumulation zone.
Volume Surge Confirms Market Shift
Trading volumes surged in early 2025. These increases aligned with price rallies, confirming strong market participation and renewed investor confidence. Besides, these volume trends validate the breakout’s strength and suggest a long-term accumulation phase has ended.
Additionally, the token’s current position above the previous downtrend line indicates solid structural support. Despite minor pullbacks, the price remains stable. This suggests that bulls are defending the breakout zone, strengthening the case for a sustained move higher.
Eyes on the $2.12 Resistance Target
RARE’s projected breakout target stands at $2.12984, which aligns closely with its all-time high from 2021. Hence, this target forms a psychological and technical resistance level. If RARE reaches it, the token would deliver a more than 33x return.
Furthermore, the consistency of higher volume during rallies hints at further bullish activity ahead. However, the price must first overcome nearby resistance levels below $0.10. A strong push above these could unlock rapid upside movement.
