• ADI cleared every Fibonacci target, though RSI at 93 signals possible short-term overheating.
  • DEXE reached a new all-time high, with $38 remaining the next bullish target.
  • RAIN needs to reclaim $0.015 before challenging fresh all-time highs.

Strong momentum has returned across the crypto market, pushing several altcoins close to record territory. While many tokens still struggle below key resistance, a few have already broken major technical levels and continue attracting buyers. ADI, DEXE, and RAIN each show unique chart patterns that could support another leg higher.

ADI Rally Stays Strong Despite Overheated Momentum

Source: Trading View

ADI has delivered one of the strongest rallies during recent weeks. Buyers stepped in after price found support near the 0.382 Fibonacci retracement around $3.65 on June 16. Since then, the token has climbed steadily and pushed above the previous high of $4.56 before clearing every major Fibonacci extension target at $4.96, $5.46, and $6.02. Current trading sits near $6.25, representing a gain of almost 68% over the past month. Despite impressive strength, caution remains necessary. A sharp upside wick on June 29 sent price briefly to a record high of $8.03 before sellers returned. That record still stands about 28% above current levels. Meanwhile, the daily Relative Strength Index has climbed to an extremely high reading of 93.

DEXE Keeps Bulls in Control

Source: Trading View

DEXE has also produced an impressive technical breakout. The token reached a fresh all-time high of $36.46 on July 10 before settling near $35.72. That move followed a daily gain of more than 21%, confirming strong buying pressure. The chart continues following Fibonacci targets with remarkable accuracy. Buyers first pushed above the previous peak near $24.20 before reaching the first extension target around $30.31. Attention now shifts toward the next Fibonacci objective at $38.09. That target sits only about 6.6% above current trading. Momentum indicators also favor buyers. The daily RSI recently broke above a descending trendline that started during late March.

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RAIN Seems Ready for Another Attempt

Source: Trading View

RAIN trades differently from ADI and DEXE because price remains below the previous record high. The token reached $0.01614 during June before pulling back toward $0.01443. Current trading leaves the price roughly 11% below that peak. Buyers continue defending the important $0.015 level. A successful recovery above that area could reopen the path toward Fibonacci extension targets at $0.01726 and $0.0201. Those levels offer meaningful upside from current prices. However, failure to hold support could expose the deeper Fibonacci retracement near $0.0118. Volume has faded since the first rally, while the daily RSI near 45 leaves plenty of room for another bullish move if buying pressure returns.

For now, ADI, DEXE, and RAIN all remain close to important technical milestones. ADI and DEXE already show strong bullish momentum. RAIN still needs buyers to reclaim key resistance. Market conditions will likely determine which token reaches another all-time high first.

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Patrick Kariuki Posted by

Cryptocurrency Writer

Patrick is a seasoned cryptocurrency writer with over five years of experience. His aim is to help readers stay informed and make informed trading & investment decisions.