RARE BTC SuperRare Technical Analysis

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By Frans van Elst

SuperRare logo In this SuperRare technical analysis, we will examine the current price action, trading volume, key levels and indicators for RARE-BTC. SuperRare (RARE) is a decentralized platform that empowers artists and collectors to own and trade digital art. The platform utilizes blockchain technology to ensure the authenticity and scarcity of digital assets, providing a new way for creators to monetize their work and for collectors to invest in the digital art market. With its innovative approach, SuperRare (RARE) is revolutionizing the art world by making it more accessible, transparent, and rewarding for all stakeholders.

SuperRare Price Overview:

As of July 06, 2024, SuperRare is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for RARE-BTC:

Clearly see potential bearish trend for SuperRare (RAREBTC) at 1.45e-06 BTC through detailed technical analysis, highlighting weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 28,739.90
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): SuperRare reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for RARE-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, SuperRare is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) 2.11%
3D Change (%) -2.68%
7D Change (%) -3.97%
30D Change (%) -19.89%
90D Change (%) -42.00%
YTD Change (%) -47.65%

Over the past three days, RAREBTC has dropped by approximately -2.68%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -3.97%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with RAREBTC maintaining a downward trend of approximately -19.89%, despite intermittent fluctuations. Examining the last 90 days, RAREBTC has witnessed substantial drop of approximately -42.00%, reflecting strong long-term confidence. Year-to-date, RAREBTC has steadily dropped by around -47.65%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

SuperRare Live Chart:

You can access a live price chart for RARE-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.


Price Volatility and Momentum:

  • Volatility score is 0.45621.
  • Momentum score is -0.13174.

RARE BTC Technical Analysis

SuperRare Trading Volume:

The trading volume for SuperRare (RARE) over the past 24 hours has been insignificant, with approximately 28,739.90 BTC traded against RARE. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): RARE is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): SuperRare is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for RARE-BTC is currently in the low zone, around 39.77659. This suggests that SuperRare is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

SuperRare (RARE-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.

Clearly see potential bearish trend for SuperRare (RAREBTC) at 1.45e-06 BTC through detailed technical analysis, highlighting weakened support and cautionary indicators.

For a deeper dive into the subject, don’t miss our comprehensive analysis on RARE USDT SuperRare Technical Analysis if you found this post intriguing.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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