Here's Why RAIN Keeps Going Up | Credit: Veronica Cestari
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Key Takeaways
RAIN trades inside a critical long-term horizontal resistance.
The RAIN price broke out from a short-term triangle pattern.
Can RAIN sustain its rally and close above this resistance area?
RAIN’s explosive run isn’t slowing down.
The token has ripped through major levels, broken out of long-term diagonal resistance, and climbed thousands of percent.
Now it’s pressing right up against a key resistance zone, and traders are circling the chart with the same question: does RAIN have room to run, or is this where the trend finally cools off?
Momentum indicators are still skewing bullish, but RAIN is sitting just under a critical line that could decide its next major move.
Why Is RAIN Going Up?
RAIN’s price broke out from a diagonal resistance in September. It exploded afterward and has increased by 20,600% so far.
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Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
