Market Overview for SuperRare/Tether (RAREUSDT) – 2025-12-21

Summary
• Price action formed a consolidation pattern near key resistance at $0.021 after an early morning breakout attempt.
• Volume surged during the 07:30–09:45 ET window, coinciding with a 0.5% rally and a high of $0.0213.
• RSI and MACD indicated weakening momentum, with RSI hovering near 50 and MACD flattening.
• Volatility expanded during the 13:15–14:45 ET sell-off, breaking below $0.0205 with strong bearish volume.
• Bollinger Bands constricted before the 07:45 ET breakout, suggesting pre-move indecision.

SuperRare/Tether (RAREUSDT) opened at $0.021 on 2025-12-20 at 12:00 ET, reached a high of $0.0213, and closed at $0.021 by 12:00 ET on 2025-12-21. The pair traded between $0.0205 and $0.0213, with a total 24-hour volume of 12,885,434.1 and a turnover of $265,783. Price action displayed a consolidation pattern near the $0.021 resistance after a failed breakout.

Structure & Formations

Price tested $0.021 as a key resistance level multiple times during the 24-hour period, with mixed success. A bearish engulfing pattern appeared at 13:15 ET, confirming the breakdown to $0.0205.

A small doji at 02:00 ET suggested indecision. The pair appears to be forming a trading range between $0.0205 and $0.0213.

Moving Averages

On the 5-minute chart, the 20 and 50-period moving averages crossed over during the 07:45–08:15 ET rally, confirming a short-term bullish bias. However, the 50-period MA is now above the 20-period MA again, indicating a possible bearish turn. On the daily chart, the 50-period MA is near $0.0209, suggesting a potential support zone for the next 24 hours.

MACD & RSI

Momentum indicators showed mixed signals. The MACD line flattened after the 09:45 ET high and crossed below the signal line, hinting at a possible trend reversal. RSI moved into the 50–60 range, indicating neutral momentum. However, divergence between volume and price during the morning rally suggests weakening conviction in the bullish move.

Bollinger Bands

Bollinger Bands showed a period of contraction during the early hours of the 24-hour window, followed by an expansion during the 07:45–09:45 ET move. Price traded within the bands most of the time, but the breakout to $0.0213 was followed by a swift retest. The bands currently suggest increased volatility ahead as price hovers near the upper band.

Volume & Turnover

Volume and turnover spiked during the 07:45–09:45 ET window, confirming the bullish move to $0.0213. However, after that peak, volume declined, and the price failed to hold above $0.021. Divergence between volume and price during the 13:15–14:45 ET sell-off suggests a bearish continuation could be in play.

Fibonacci Retracements

The recent swing from $0.0205 to $0.0213 has key Fibonacci levels at $0.0209 (38.2%) and $0.0210 (61.8%). Price briefly tested $0.0210 after the morning high but failed to hold. A retest of $0.0209 may offer a short-term entry point, though bearish pressure remains strong below that level.

Looking ahead, RAREUSDT could face renewed bearish pressure if the 50-period MA is breached and support at $0.0209 fails to hold. Investors should remain cautious for potential volatility, especially if the 20-period MA continues its bearish crossover trend.