RARE Targets Breakout: Can the Resistance Hold?

Yigit Taha OZTURK — Mon, 26 May 2025 16:00:47 +0000

In the altcoin space, some assets are quietly making notable moves. One such token is RARE, which recently caught investor attention with a sharp rebound. Key support and resistance levels are coming into play, giving traders important short-term signals.

As the market navigates uncertainty, these levels matter more than ever.

Approaching Resistance with Momentum

After bouncing off the 0.058$ support, RARE climbed steadily toward the 0.065$ – 0.068$ resistance zone. Although it appears to be facing some rejection at this range for now, the broader outlook remains cautiously optimistic.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If this resistance is broken, a move toward the 0.072$ level could follow. Technical patterns point to this as a realistic next target.

What If the Decline Resumes?

However, should the price fail to clear the resistance, a retracement back to the 0.058$ support could be on the cards. This level will be crucial for the token to maintain short-term bullish structure.

RARE/USDT pair 4-hour chart.

Traders should keep a close eye on the resistance breakout potential as well as any downside test of the support.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post RARE Targets Breakout: Can the Resistance Hold? appeared first on Coin Engineer.

TON Price Analysis: Downtrend Broke, Target Reached!

Yigit Taha OZTURK — Fri, 21 Mar 2025 15:00:50 +0000

TON (The Open Network) successfully broke its previous descending trendline after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, TON retested the trendline and confirmed it as new support before rallying towards our initial target zone. This movement fulfilled the short-term bullish outlook we anticipated.

Current Price Action and Status

After reaching the 3.10 – 3.20 USDT target zone, TON faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the 2.80 – 2.90 USDT area, which corresponds to the previous trendline breakout level. If buyers step in at this zone, TON could gain bullish momentum once again.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Potential Scenarios

If TON holds above the broken descending trendline, buyers may push the price toward the 3.30 USDT FVG (Fair Value Gap) zone. A breakout above this level could open the door for further upside toward 3.50 USDT and beyond.
If TON loses support at 2.80 USDT and closes below it on the daily timeframe, the price could fall back toward the 2.60 USDT support zone. Further weakness could bring 2.40 – 2.50 USDT back into focus.

TON/USDT daily chart.

The recent trendline breakout and successful target achievement offer positive signals for TON. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the 2.80 USDT support zone is crucial for maintaining a bullish structure in the medium to long term.

Traders are advised to monitor support and resistance levels closely and adjust their strategies accordingly. If TON re-enters the descending trendline zone, downside risks may increase.