Market Overview for SuperRare/Tether (RAREUSDT)

Summary
• Price declined from a high of $0.0233 to $0.0226 amid bearish momentum and high volatility.
• Volatility spiked during the 18:30–19:00 ET window with heavy volume and price swings.
• RSI dipped below 30, suggesting potential oversold conditions near 0.0226.
• A bullish reversal pattern emerged near 0.0227–0.0228 following a test of key support.
• Turnover increased significantly during sharp declines, indicating strong selling pressure.

SuperRare/Tether (RAREUSDT) opened at $0.0232 on January 12, 2026, at 12:00 ET, and closed at $0.0226 on January 13, 2026, at 12:00 ET, with a 24-hour high of $0.0246 and a low of $0.0225. The total 24-hour trading volume was 157,122,368.0 and the notional turnover was $3,432,382.12.

Structure & Formations

Price action revealed key support at 0.0226–0.0227 and resistance at 0.0231–0.0232. A bearish engulfing pattern formed at 0.0233–0.023, and a potential bullish reversal was seen at 0.0226–0.0227 after a pullback.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages were both bearishly aligned, with the 50SMA below the 20SMA. On the daily chart, the 200SMA acted as a long-term floor near 0.0225, and the 50SMA had dipped below the 100SMA, reinforcing bearish bias.

MACD & RSI

The MACD remained negative throughout the period with bearish divergence, while the RSI dipped below 30 near the close, suggesting oversold conditions at 0.0226. However, the RSI failed to show a strong rebound, indicating cautious optimism for a short-term bounce.

Bollinger Bands

Volatility expanded during the 18:30–19:00 ET window, with price breaking below the lower band at 0.0226. The bands widened significantly as the 5-minute range expanded, indicating increased uncertainty.

Volume & Turnover

Volume surged during the 18:30–19:00 ET period, with a single 5-minute candle recording 16.98 million volume at a high of 0.0246. Turnover rose sharply during price declines, confirming bearish sentiment.

Fibonacci Retracements

On the 5-minute chart, price found support at the 61.8% level of the 0.0226–0.0246 swing. On the daily chart, 0.0231 marked the 38.2% retracement level of a larger bullish move from 0.0225 to 0.0246.

The price appears to have tested key support near 0.0226, with a potential bounce forming. Traders should watch for a test of the 0.0227–0.0228 range for a possible short-term rebound. However, without a clear break above 0.0231, bearish momentum may continue. Investors should be cautious of further downside risk if volume remains strong during any attempted recovery.