RARE confirms breakout from bearish trend but stalls near major resistance

• $RARE broke an 18-month downtrend but now consolidates under key levels.
• Rising volume under $0.10 hints at a strong accumulation and breakout setup.
• Price remains pinned below $0.135, despite clear structural support below.

The $RARE token continues consolidating after a prolonged downtrend, with technical analysts tracking its structural breakout and volume surges. Despite trading below key levels, recent market behavior signals a possible long-term trend reversal in play.

Volume-Supported Breakout Marks Key Structural Shift

$RARE spent nearly 18 months in a sharp downtrend, with consistent lower highs forming from late 2021 to mid-2023. That bearish structure capped every rally attempt until the asset finally breached the descending trendline during mid-2023. Since that breakout, price activity shifted into a compressed consolidation pattern supported by rising volume.

Market analyst Javon Marks provided a detailed technical analysis of this transition, highlighting the surge in interest during late 2024 and early 2025. Following the breakout, he confirms that the price held above the descending resistance while failing to launch a full trend reversal. From the price reaction, he suggests that increased volume during recent candles reflects accumulation by participants under $0.10.

Source: Javon Marks

At this stage of the structure, Javon comments that the breakout remains technically valid as long as the price does not revisit the former lows. Based on the current structure, he notes a projected breakout target of $2.12938, which implies a 33x move from sub-$0.065 levels. Reviewing this chart setup, he finds that the macro resistance remains untouched since 2022, which leaves significant upside potential open.

With momentum building, he provides further insight into local support at $0.07 and $0.10. In the context of this move, Javon outlines that strong reactions near those levels could precede upward continuation. Although no parabolic impulse has formed yet, Javon states that structural conditions continue to improve.

Descending Channel Keeps Price Trapped Below $0.135

While bullish structural signals are emerging, other analysts see continued resistance within a confined channel. AltCryptoTalk examined $RARE’s daily price action from September 2024 to April 2025 using Binance data. The analysis shows price respecting a descending channel bounded by red trendlines, with no daily close breaching the upper range.

Source: AltCryptoTalk

After examining support behavior, he reports that the $0.0500–$0.0650 zone has repeatedly held as a reliable demand base. From this consolidation, AltcryptoTalk draws a connection between firm structural support and potential springboard movement, should resistance at $0.1350 finally break. Until then, the downtrend pattern remains dominant.