SuperRare/Tether (RAREUSDT) Market Overview

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Sunday, Nov 9, 2025 2:41 pm ET1min read
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- SuperRare/Tether (RAREUSDT) fell from 0.0348 to 0.0336 amid bearish reversal signals and declining momentum.

- Volatility dipped slightly as price consolidated near 0.0335–0.0338, with RSI showing no clear overbought/oversold bias.

- Key Fibonacci support at 0.0337 (38.2%) and 0.0331 (61.8%) highlighted, with a break below 0.0331 risking further short-term bearish pressure.

- A backtesting strategy for Bullish Engulfing patterns was proposed, requiring confirmed exchange-specific ticker data for execution.

Summary
• Price fell from 0.0348 to 0.0336 amid declining

momentum
and bearish reversal signals.
• Volatility dipped slightly with price consolidating near 0.0335–0.0338.
• No clear overbought or oversold RSI readings suggest limited near-term directional bias.

SuperRare/Tether (RAREUSDT) opened at 0.0348 on 2025-11-08 at 12:00 ET, reached a high of 0.0349, and fell to a low of 0.0323 before closing at 0.0336 as of 12:00 ET on 2025-11-09. Total 24-hour trading volume was 33,865,670.0, with a notional turnover of approximately $1,144,273 (based on average price of ~0.0337).

Price action over the last 24 hours displayed a clear bearish bias, with price falling from an early session high of 0.0349 to a mid-session low of 0.0323. A brief rebound later in the session failed to retest the 0.0345 level, suggesting limited buying interest. On the 15-minute chart, price settled near the middle of its range, indicating a possible period of consolidation ahead.

A 20-period and 50-period EMA crossover remained negative, with both lines trending downward. The 50-period EMA at ~0.0339 acted as a dynamic resistance, which price failed to overcome. MACD remained bearish, with the line below the signal line and negative divergence. RSI lingered in the neutral range (35–50), indicating no clear overbought or oversold conditions. Volatility, as measured by Bollinger Band width, narrowed slightly in the final hours, suggesting the market may be preparing for a breakout or continued consolidation.

Fibonacci retracement levels from the 0.0349 high to the 0.0323 low positioned key support at 0.0337 (38.2%) and 0.0331 (61.8%). A close below 0.0331 could trigger further short-term bearish pressure. Given the current structure, investors may watch these levels closely over the next 24 hours for signs of a reversal or continuation.

Backtest Hypothesis
To further validate key technical signals, a backtesting strategy could be applied to detect and trade Bullish Engulfing patterns. These patterns often precede trend reversals and could be used to enter long positions on close, with a 5-day exit rule. However, this requires the correct exchange-specific ticker to access historical price data for RAREUSDT. If you can confirm the exact trading pair (e.g., RARE-USDT on Binance or a TradingView identifier), a full backtest including return and risk metrics can be initiated immediately.