Latest RACA (RACA) Price Analysis

By CMC AI
01 October 2025 03:21PM (UTC+0)

Why is RACA’s price up today? (01/10/2025)

TLDR

RACA rose 1.94% over the last 24h, underperforming the broader crypto market’s +3.77% gain. The uptick follows months of bearish trends (-71.51% YoY) and aligns with a neutral technical stance. Key drivers:

  1. Refund Clarity (Bullish) – Post-Trump campaign refunds may ease investor concerns.

  2. Neutral Technicals (Mixed) – Price hovers near key moving averages, signaling indecision.

Deep Dive

1. Refund Initiative (Bullish Impact)

Overview: RACA announced refunds on 22 July 2025 after a Trump-linked campaign ended, addressing potential reputational risks from abrupt project closures.

What this means: While the event occurred 10 weeks ago, the refund process’s completion could reduce selling pressure from disgruntled holders. Trust-building measures often stabilize prices in low-liquidity tokens like RACA (turnover ratio: 0.216).

What to watch: Sustained reduction in circulating supply if refunds involve token burns.

2. Technical Indecision (Mixed Impact)

Overview: RACA trades at $0.0000548, above its 7-day SMA ($0.00005388) but below the 30-day SMA ($0.00005514). RSI-14 (45.3) shows neither overbought nor oversold conditions.

What this means: The SMA crossover suggests short-term bullish momentum, but weak volume (+8.99% vs. market-wide +53.49% spot volume) limits conviction. MACD histogram (-0.0000002113) hints at bearish divergence risk.

Key level: A close above $0.00005514 (30-day SMA) could signal trend reversal; failure may retest July’s $0.00005173 low.

Conclusion

RACA’s minor rebound reflects partial resolution of legacy risks and neutral technicals, but thin liquidity and macro underperformance (-71.51% YoY) warrant caution. Key watch: Can RACA hold above its 30-day SMA amid muted market-wide altcoin momentum (Altcoin Season Index: 58, -18.31% WoW)?

Why is RACA’s price down today? (30/09/2025)

TLDR

RACA fell 0.18% over the last 24h, extending its 30-day decline (-3.49%) despite a 0.36% weekly gain. The dip aligns with broader altcoin underperformance (Altcoin Season Index down 4.55% daily) and coin-specific headwinds.

  1. Refund program activation – RACA initiated refunds linked to a discontinued Trump campaign partnership (Cointelegraph), likely triggering sell pressure.

  2. Technical resistance – Price struggles below key Fibonacci retracement levels, signaling bearish momentum.

  3. Low liquidity risk – 24h volume dropped 42.46%, amplifying downside volatility.

Deep Dive

1. Post-Campaign Refund Pressure (Bearish Impact)

Overview: RACA began processing refunds on 22 July 2025 after ending a Trump campaign-related initiative, per a Cointelegraph report. While the event occurred two months ago, its execution phase may have recently accelerated, prompting holders to liquidate refunded tokens.

What this means: Refund programs often create immediate sell pressure as recipients convert tokens to stablecoins or other assets. With RACA’s 24h volume at $4.58M (-42.46%), even modest selling could disproportionately impact price.

What to watch: Token burn or buyback announcements to counterbalance refund-related supply increases.

2. Technical Breakdown (Mixed Impact)

Overview: RACA trades at $0.0000547, below the 50% Fibonacci retracement level ($0.000060271) from its July swing high ($0.000068806). The MACD histogram (-0.0000002004) confirms bearish momentum, though RSI 14 (49.49) suggests no extreme oversold conditions.

What this means: Failure to reclaim $0.000060271 reinforces bearish sentiment, but neutral RSI leaves room for consolidation. The 200-day SMA ($0.000070252) looms 28% above current price as a distant resistance target.

3. Altcoin Liquidity Drain (Bearish Impact)

Overview: Bitcoin dominance rose to 58.08% (+0.31% daily), reflecting capital rotation away from alts. RACA’s 24h turnover ratio (0.203) signals thin liquidity, typical of micro-cap tokens, exacerbating downside moves during market-wide risk-off shifts.

What this means: Traders prioritizing BTC amid neutral market sentiment (Fear & Greed Index: 43) reduce buy-side support for RACA, magnifying the impact of minor sell orders.

Conclusion

RACA’s dip reflects lingering fallout from its campaign partnership unwind, technical resistance, and altcoin-sector headwinds. While refund-related selling may subside, low liquidity and BTC dominance trends pose ongoing risks.

Key watch: Can RACA hold above its 7-day SMA ($0.000054043) to prevent a retest of the 30-day low ($0.000051735)?

CMC AI can make mistakes. Not financial advice.