RAIN price increases by 11% – However, key signals raise doubts

The cryptocurrency market continues to change daily, with tokens inspired by nature recently recording outstanding growth compared to the overall market.

In the past 24 hours, Rain (RAIN) has increased by more than 11% to the present time. This upward momentum has helped it achieve a growth of over 25% in January, according to data from CoinRank.

Thanks to this strong momentum, major organizations have begun to show interest in RAIN, especially as the Rain exchange is expanding into the privacy security sector.

Active organizations accumulate as Rain exchange promotes privacy security

The native token of the Rain exchange, RAIN, has attracted the attention of investment organizations. According to a post on X, RADR Labs purchased about $5,000 worth of RAIN during the day.

Additionally, the exchange has transferred more than 320,000 RAIN into the security pool, initiating the process of establishing transaction anonymity. This initiative will allow users to conduct private transactions and promote security trends in the cryptocurrency field.

This move is expected to attract more users, especially those who value privacy. Therefore, on-chain performance also becomes an important factor to monitor.

On-chain activity analysis

The total number of transfer transactions has exceeded 1.23 million at present. However, this number has decreased by about 37% compared to before, with daily transactions reaching 15,850.

On the holder side, the number has increased sharply to over 170,000, although there has been no significant change in the past week. This indicates that, although the number of holders increased strongly in the first month of the year, the growth momentum is showing signs of slowing down.

Source: Arbiscan On-chain data reflects market trends that are not entirely optimistic, but rather a mix of bullish and bearish signals. In the short term, the trend is somewhat negative, but the long-term outlook remains quite positive.

Can the technical structure sustain the upward momentum?

Will the price continue to maintain the current trend?

The price chart shows that RAIN/USDT moves in a stair-step pattern, with accumulation phases moving sideways before breaking out again. The second rally since launch has recorded a 137% increase, bringing the price into the next accumulation phase.

Currently, RAIN is traded between $0.006830 and $0.009198. Notably, this token has surpassed the resistance level and shows that the upward momentum continues to be maintained.

This move aligns with a positive MACD crossover signal. RAIN’s market capitalization has exceeded $3.38 billion, with the $4 billion mark ahead.

Source: TradingView However, the buying side still faces challenges in maintaining the price above the recently broken resistance level.

The Cumulative Volume Difference (CVD) currently leans toward a downward trend, with a negative value of $537,000, indicating that sell orders are dominating the RAIN market.