SuperRare Technical Analysis: RARE may Gain 60% and Retest $0.36

SuperRare is outperforming the USDT when writing, adding 18 percent. As per the RARE candlestick arrangement in the daily chart, there appears to be more headroom for the token. Past Performance of SuperRare SuperRare token prices are within a flat range and choppy. However, the coin is currently firm, printing higher when writing. In the last 24 hours, RARE crypto is up 18 percent versus the USDT and aligns with the encouraging gains of June 23. SuperRare Technical Analysis From the SuperRare coin formation in the daily chart, buyers have the upper hand. Today’s push places the coin above the middle BB, confirming the gains of June 23. The immediate-term support level lies at the middle BB and $0.16 on the lower end. Since prices are edging higher, traders may find entries on pullbacks, with immediate targets at $0.36. This preview is valid because RARE prices are within the June 23 high volume bull bar. Besides, buyers have rejected all bear attempts to force prices lower, a net positive for optimistic buyers. A surge above the conspicuous bull bar of June 23 will complete the double bottom formation, possibly anchoring bulls. What to Expect from RARE? Currently, the RARE technical analysis points to strength provided prices are above $0.16—June 23 lows—and $0.15—June 2022 lows. The latter is a critical support level. Confirmation of today’s gains may propel the SuperRare token by 60 percent back to January 2022 lows.The pos...