Wyckoff Accumulation Pattern: The weekly chart of Rarible/USD shows a pattern that resembles a Wyckoff accumulation pattern, characterized by a giant inverted head and shoulders. This could indicate long-term accumulation by large investors, including Coinbase which uses Rarible for minting its native NFTs.
Theoretical Price Target: Based on the head and shoulders pattern, a potential target could be $14. However, it's important to note that technical analysis is subjective and shouldn't be the sole basis for investment decisions.
Theoretical Price Target: Based on the head and shoulders pattern, a potential target could be $14. However, it's important to note that technical analysis is subjective and shouldn't be the sole basis for investment decisions.
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Back again
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Volume has increased by 479%
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Holding very well compared to other alts. I think we have a winner.
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Not bad at all.
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297