RARE - Technical review and analysis

RARE has recorded a price increase of more than 40% in the past day. The demand for this currency led to a fake break of the $0.100 support area, and the price is likely to rise again to higher resistances with a return above this support. This upward movement in pullback can again be associated with increased demand. Therefore, the support we can look for is in the range of $0.100 to $0.106. If a suitable positive reaction is observed, there will be a possibility of price growth again and moving toward the targets of $0.150 and $0.166.