RARE $RARE is currently consolidating within a falling wedge formation on the 3D chart🔍. Following a breakout, we could anticipate the price rising toward $0.16🚀. 📢 Follow me to never miss important crypto market developments!
📊 BTC – BTC Dominance – Where are we in the bull run? 🔹 Bitcoin (BTC)
BTC remains the pillar of the crypto market. As long as it stays above its major supports, the overall market structure remains bullish. The current phases of consolidation are normal in a bull market and often serve to recharge before a new movement.
🔹 BTC Dominance (BTC.D) A high or rising BTC.D means that capital is concentrating on Bitcoin → caution on altcoins.
A BTC.D that peaks or begins to decline often indicates a rotation of capital towards altcoins (beginning or resurgence of altseason).
👉 Currently, BTC.D shows that the market is still in a phase where Bitcoin maintains control, even if altcoins may pump occasionally.
📊 RARE/USDT – Quick & Objective Analysis After a strong bullish impulse from 0.0228 → 0.0335, RARE has entered a normal correction phase following profit-taking. This is not a dump, but a consolidation after excess.
🔎 Current Technique (1H) The price is moving below the short EMAs (7 & 25) → short-term bearish pressure EMA 99 around 0.0255 acts as a key support RSI ~46 → neutral zone, no overselling Volume decreasing during the correction → sellers less aggressive
🧱 Important Zones Major Support: 0.0260 – 0.0255 Critical Support: 0.0245 Resistances: 0.029 – 0.030 / 0.0317 / 0.0335
🎯 Scenarios ✅ As long as 0.0255 holds, a technical rebound towards 0.029–0.032 remains possible ⚠️ Clear break below 0.0245 with volume = weakened structure
🧠 Conclusion Structure still healthy despite the correction. Patience required, risk management essential. The rebound will depend on the maintenance of supports.
$STEEM /USDT Technical Analysis: Consolidation After a Steep Decline ... It's Best time to Buy $STEEM and take long positions on it .. Surely will pump here and will hit $0.30 soon..
$STEEM /USDT is currently trading at $0.2479, down by 2.78% in the past 24 hours. The price has seen a significant drop from a high of $0.2604 to a low of $0.2413, reflecting bearish pressure. However, the recent stabilization near the $0.2491 level suggests that STEEM might be finding a temporary support zone.
Key Levels to Watch:
Resistance: $0.2583 – A breakout above this level could signal the start of a recovery.
Support: $0.2413 – Holding above this level is critical to avoid further downside.
Market Outlook:
STEEM's recent price action indicates consolidation after a sharp sell-off, with the potential for a short-term rebound if it can break above resistance. However, failure to hold above $0.2413 may lead to another leg down. Traders should monitor volume and momentum indicators closely for confirmation of the next move.