Can RAIN Token Hit Another All-Time High This Week?
RAIN price has rallied nearly 40% over the past 30 days, keeping its breakout structure intact. The price is now trading just below $0.0104, but that level is no longer the real focus. The active breakout structure points to a new projected all-time high above $0.0110, more than 10% higher from current levels. While upside remains open, fading momentum suggests sellers could return right where optimism peaks. New All-Time High Is the Real Target, and Sellers Are Still Waiting The active breakout inverse head-and-shoulders structure projects a new all-time high more than 10% above current prices, near the $0.0110 zone. That projected level, not the prior peak, is where traders are positioning. The current consolidation is not about profit-taking at old highs. It is about whether RAIN can expand into its next leg. RAIN Breakout Structure: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. On-chain behavior supports this view. Spent coins age band activity, which tracks how many tokens of all holding ages are being moved on-chain and often reflects selling or profit-taking, has collapsed over the past few days. Since January 22, spent coins activity has fallen from roughly 104.8 million to 25.4 million, a decline of nearly 76% in just three days. Coin Activity Takes A Hit: Santiment That sharp drop means holders are not moving tokens despite rising prices, showing positive short-term behavior. This signals restraint, not distribution. Participants appear to be waiting for the projected all-time high attempt before acting. In simple terms, sellers have stepped aside for now, allowing the breakout path toward $0.0110 to remain intact. But this quiet phase is exactly where risks start to build. Why Sellers Could Return Near the Projected ATH The first warning comes from the structure forming beneath the original breakout. As RAIN has continued higher since early January, a secondary inverse head-and-shoulde...
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