Market Overview for SuperRare/Tether (RAREUSDT)

Summary
• Price fluctuated between $0.0227 and $0.0239 with bullish momentum in late ET hours.
• RSI remained neutral, while Bollinger Bands showed mild volatility expansion after midday.
• Notional turnover peaked at ~$60k during a sharp 0.45% rally near 04:30 ET.
• A bullish engulfing pattern formed near $0.0229, suggesting potential short-term support.
• Volume surged above $1.4M in late ET sessions, confirming renewed buyer interest.

SuperRare/Tether (RAREUSDT) opened at $0.0227 on 2026-01-05 12:00 ET and traded as high as $0.0239 before closing at $0.0234 at 12:00 ET on 2026-01-06. The 24-hour range was $0.0227 to $0.0239, with total trading volume of 14,364,266.6 and notional turnover of $334,658.88.

Structure and Key Levels

Price formed multiple intraday ranges between $0.0229 and $0.0232, with a late ET breakout above $0.0233 indicating possible near-term strength. A bearish 50-period moving average crossover occurred at $0.0231, suggesting potential short-term consolidation. A bullish engulfing candle at $0.0229 may act as a support zone for further tests.

Momentum and Indicators

The MACD showed a bullish crossover in early ET hours, with a positive divergence forming as price dipped below $0.0231. RSI hovered in neutral territory, peaking at 56 and dipping as low as 42, indicating balanced pressure. Bollinger Bands widened after 15:00 ET, signaling increased volatility and a potential continuation pattern.

Volume and Turnover

Volumes spiked above $1.4M in late ET hours, with a significant 5-minute turnover of $60,922.19 at 04:30 ET confirming a strong buying interest. A divergence between price and turnover was noted in the morning, suggesting caution in momentum. However, late ET volume confirmed the bullish breakout above $0.0233.

Pattern and Retracements

A key bullish engulfing candle formed around $0.0229, which could mark a short-term support level. Fibonacci retracements suggest that the 50% level at $0.0231 may hold as a key psychological barrier. A retest of the 61.8% retracement at $0.0234 may trigger further momentum depending on order flow.

Price may continue to consolidate near $0.0231–$0.0234 in the next 24 hours, with a potential break above $0.0235 opening the door to $0.0237. However, a pullback below $0.0229 could see renewed bearish pressure. Investors should closely monitor volume behavior near key levels to confirm trend sustainability.