Rain continues its upward trend and just hit an All-Time-High in the past two days. This surge is mainly driven by long-term investors, who have been continuously accumulating Token and pushing the price of RAIN to new record highs.
While the price breakout reflects strong demand, the current price structure suggests this rally may only be the beginning of a larger growth wave.
Whales on Rain begin buying.
Whale activity has been a decisive factor in Rain's recent price surge . In the past 48 hours, wallets holding between 1 million and 100 million RAIN have accumulated a total of 165 million Token. At the current price, this amount is worth approximately $1.66 million, demonstrating the growing confidence of large investors.
This accumulation trend has consistently helped support the price throughout the recent rally. Large investors often have a strong influence on short-term fluctuations because they absorb supply in the market. If they continue to buy, the upward momentum of RAIN is likely to be maintained and the risk of sharp volatility will be limited, thereby consolidating Rain's bullish trend.
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Whales hold the rain. Source: SantimentMomentum indicators also support the current positive sentiment. The Money Flow Index continues to rise and remains above the neutral level of 50. This indicator measures buying and selling pressure, combining both price and volume to assess the strength of market demand.
The fact that this indicator remains in positive territory suggests that selling pressure on the RAIN has almost disappeared. The current market is predominantly dominated by buying pressure. With a steady accumulation trend from large investors in this context, prices are likely to continue rising.
RAIN's MFI indicator. Source: TradingViewRain prices may be preparing for a sharp increase.
RAIN is currently trading around $0.0100 at the time of writing, after just setting a new all-time high of $0.0105 in the last 48 hours. Reaching this price level confirmed the bullish pattern for the altcoin, reinforcing expectations of a strong recovery in the near future.
The ascending wedge pattern with an ever-widening range suggests the market may experience more volatility with a positive trend. If this pattern is confirmed, RAIN has the potential to increase by approximately 15%. Once the price breaks above the previous peak, with stable capital inflows and investor support, the RAIN Token could go even further.
RAIN price analysis. Source: TradingViewThe bullish scenario will weaken if buying momentum declines. If there is a lack of new capital inflow or many investors take profits, the price of RAIN could face downward pressure and fall below the $0.0100 support zone. In that case, the Token could retreat to near $0.0090, invalidating the bullish pattern and delaying the recovery.





