SuperRare/Tether (RAREUSDT) Market Overview

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Saturday, Nov 8, 2025 2:36 pm ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- SuperRare/Tether (RAREUSDT) fell 4% to 0.0336 in 24 hours amid bearish momentum despite a failed 0.0337–0.0348 rally.

- Volume spiked to $2.47M during the bullish move but failed to confirm strength, with RSI in oversold territory (~28) and MACD remaining bearish.

- Key support at 0.0334–0.0336 showed brief buying interest, but 20SMA/50SMA bearish crossover and weak volume suggest further downside to 0.0332–0.0333.

- Traders should monitor 0.0336 as a pivot level for potential short-term bounces amid ongoing downtrend signals from 50/100/200 MA.

Summary
• Price declined from 0.0350 to 0.0336 in 24 hours amid bearish

momentum
.
• Volume surged during a key 0.0337–0.0348 bullish move, later unconfirmed by price.
• RSI and MACD signal oversold conditions, but trend remains weak.

SuperRare/Tether (RAREUSDT) opened at 0.0329 on 2025-11-07 12:00 ET, reached a high of 0.0350, and closed at 0.0336 on 2025-11-08 12:00 ET. The total 24-hour volume was approximately 78,632,682.86 USD (notional turnover), with active volatility and bearish continuation patterns emerging.

Over the past 24 hours, RAREUSDT has shown a bearish bias, with price failing to hold above key resistance levels near 0.0348–0.0350. A strong bullish impulse occurred around 18:15–18:30 ET, with volume spiking to 2.47M USD as price surged from 0.0337 to 0.0348. However, the move was not followed through, and price retested and declined again.

Key support appears at 0.0334–0.0336, where the price found brief buying interest after the midday selloff. Fibonacci retracements show 0.0335 (38.2%) and 0.0333 (61.8%) as significant levels from the recent 0.0337–0.0348 rally. On the 15-minute chart, the 20SMA and 50SMA are in bearish crossover, while the daily 50/100/200 MA suggest a downtrend is in place.

MACD remains bearish with a negative histogram, and RSI is currently in oversold territory (~28), suggesting potential for a short-term bounce, though trend strength remains bearish. Bollinger Bands show a modest contraction in the latter half of the 24-hour period, hinting at a potential reversal or continuation depending on volume behavior.

The price may retest 0.0332–0.0333 as a new support zone over the next 24 hours, but bearish momentum and weak volume suggest a high probability of further downside. Traders should monitor 0.0336 as a pivot level for possible short-term bounces.

Backtest Hypothesis

A potential backtest for RAREUSDT could focus on identifying Bullish Engulfing candlestick patterns, a classic reversal signal. If confirmed on a higher volume basis, a buy signal could be triggered upon close of the pattern, with a 1–2 day holding period. To accurately run this backtest, the exact ticker symbol and exchange are required, as the current system does not recognize “RAREUSDT” as a valid asset. Once the correct identifier is confirmed, we can extract the full historical data and evaluate the performance of the strategy.