SuperRare (RARE) has surged roughly 50% in the last 24 hours, reaching its highest price levels in nearly two months. This sharp rally has pushed its Relative Strength Index (RSI) into overbought territory for the first time since November 2024, signaling extreme bullish momentum.

Additionally, RARE has broken above the Ichimoku Cloud, suggesting a potential shift in market sentiment. With no major catalysts behind the move, traders are closely watching key support levels in case a sharp correction follows.

RARE RSI Reached Overbought Levels For The First Time In Months

SuperRare has seen a sharp spike in its Relative Strength Index (RSI), jumping from 35.8 yesterday to 81.2 today, alongside the strong price surge.

This rapid increase reflects intense buying pressure, pushing RARE from near-oversold levels into overbought territory.

Such a move signals heightened bullish momentum, but it also raises questions about whether the rally can be sustained or if a pullback is imminent.

RSI is a momentum indicator that measures the speed of price changes on a scale from 0 to 100. Readings below 30 indicate oversold conditions, while levels above 70 suggest an asset may be overbought.

With RARE’s RSI now at 81.2, it has reached overbought territory for the first time since November 2024, marking its highest level in seven months.

This could indicate exhaustion in buying pressure, increasing the likelihood of consolidation or a correction unless demand remains strong enough to sustain further gains.

SuperRare Ichimoku Cloud Shows Momentum Could Change Soon

SuperRare has made a strong breakout above the Ichimoku Cloud, signaling a shift in trend momentum.

After consolidating below the cloud for several days, the price surged, pushing well above the red resistance zone. The breakout was accompanied by strong bullish candles, confirming the strength of the move.

Additionally, the Tenkan-sen (red line) has turned upward, aligning with the bullish trend.

In Ichimoku analysis, the cloud (Kumo) acts as a support or resistance zone, with a breakout above it suggesting a potential trend reversal to the upside.

The fact that RARE has now cleared the cloud with strong momentum indicates buyers are in control. This is the first time in several months that RARE has established itself decisively above the cloud, suggesting a shift in market sentiment.

However, with the cloud still flat ahead, traders will watch whether the price can sustain above it or if a retest of the breakout level occurs.

RARE Could Strongly Correct Soon

SuperRare price is approaching a potential golden cross formation, where the shorter-term EMA could cross above the longer-term EMA, signaling a bullish trend shift.

If this crossover occurs, it could trigger further upward momentum, potentially pushing RARE toward the $0.10 level for the first time since mid-January.

The EMAs are gradually aligning for this setup, and if buying pressure remains strong, RARE could extend its rally as traders react to the bullish signal.

However, no fundamental catalysts or major developments appear to have contributed to this recent surge, raising concerns about its sustainability.

If momentum fades and a correction begins, RARE could first test support at $0.062.

A breakdown below that level would open the door for a deeper decline toward $0.052 or even $0.046, representing a potential correction of over 50% from its recent highs.

The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.  

BeInCrypto has identified three altcoins for investors to watch closely as we enter the second week of March.

Movement (MOVE)

MOVE price hit a new all-time low of $0.370 as investors pulled back ahead of the anticipated mainnet launch scheduled for this week. This event could mark a turning point for the altcoin, influencing investor sentiment and potential market movements in the coming days.

Currently, MOVE is trading at $0.464, consolidating below the $0.527 resistance while holding above the $0.420 support. If bullish momentum builds, the altcoin could push toward $0.617. A successful breach of this level would confirm recovery and attract renewed investor confidence.

However, if MOVE remains heavily influenced by broader market trends, a breakdown below $0.420 could trigger further losses. This scenario might lead to the altcoin slipping past its all-time low of $0.370, potentially forming a new bottom and extending its bearish trajectory.

Immutable (IMX)

IMX has been trading within a descending wedge for the past two months, currently priced at $0.539. The altcoin has declined by 22% over the last two weeks, reflecting sustained bearish pressure. However, the technical pattern suggests the potential for a breakout, offering a chance for a trend reversal.

IMX is holding above its key support level at $0.508, reinforcing the possibility of an upward move. Supporting this is the upcoming launch of RavenQuest, a Sandbox MMORPG set for release on March 14. This event could attract fresh investment, drive renewed interest, and improve market sentiment around IMX.

If investor enthusiasm supports IMX, the altcoin could break through the $0.684 resistance and aim for $0.810. However, failure to breach this level would invalidate the bullish outlook. In a bearish scenario, IMX could lose support at $0.508, leading to a potential decline toward $0.400.

Tron (TRX)

Tron’s price, at $0.234, has demonstrated resilience, maintaining stability despite broader market fluctuations. Over the past three months, the altcoin has remained within a tight range, showing limited volatility. Unlike other cryptocurrencies that have faced sharp crashes, TRX has managed to hold its ground, avoiding significant downside moves during market uncertainty.

Currently, Tron is consolidating between $0.262 and $0.216, effectively preventing major losses. The altcoin appears poised to secure its 50-day Exponential Moving Average (EMA) as support. If successful, this could serve as a foundation for a breakout, allowing TRX to move beyond its established range and enter a bullish phase.

However, if the breakout attempt fails, consolidation may persist. A shift in market sentiment or intensifying bearish conditions could push TRX below its $0.216 support. A further decline could send the altcoin toward $0.194, invalidating the bullish-neutral outlook.

Open Builders, the team behind Notcoin, Lost Dogs, and Not Pixel, has announced the launch of Not Games in March. The project aims to revitalize the Notcoin (NOT) ecosystem by introducing games where players can earn tokens for free.

Open Builders revealed this plan at a time when interest in Telegram-based mini-games has dropped significantly, and TON’s user base has fallen to its lowest level in a year.

Notcoin (NOT) Seeks to Renew User Interest Through Not Games

In a press release shared with BeInCrypto, Open Builders clarified that Not Games is not a standalone game on Telegram. Instead, it is an interconnected gaming ecosystem that links multiple titles.

Within this ecosystem, Open Builders will introduce Game Profiles, shared inventories, and an in-game marketplace where players can trade with each other. This system gives the NOT token a broader use case, and it’s expected to transform the token from a simple tap-to-earn reward into a valuable asset within the gaming economy.

“Instead of fragmented tokenomics, Not Games will integrate NOT as the primary currency for purchases, upgrades, and rewards across all games. Every three weeks, the most skilled players will compete for rewards in NOT, ensuring a play-to-win experience, rather than a pay-to-win model.” – the Notcoin team told BeInCrypto.

Currently, Open Builders has already launched a game called VOID and confirmed that at least five more games are in development.

Tap-to-Earn and TON’s Shrinking User Base

Notcoin (NOT) gained massive popularity in 2024, driven by the tap-to-earn trend alongside projects like Hamster Kombat (HMSTR) and Yescoin, TapSwap, and Blum. Within the first six months of 2024, Notcoin attracted 35 million players.

However, Google Trends data indicates that interest in Notcoin has sharply declined and has nearly faded by 2025.

Additionally, Tgstat data reveals that the Notcoin Community’s Telegram membership has dropped by nearly 2 million since the beginning of the year.

Even after NOT’s listing on Kraken in mid-February, its price only surged briefly on the listing day before continuing its downward trend, hitting new lows in 2025. This suggests that investor interest in NOT has faded.

Moreover, Artemis data shows that daily active addresses on The Open Network (TON) have dropped from 2.4 million in October 2024 to just 130,000 at the time of writing.

The declining TON user base poses a major challenge for Notcoin (NOT) and its efforts to build a sustainable ecosystem.