Latest RACA (RACA) Price Analysis

By CMC AI
09 September 2025 11:28PM (UTC+0)

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

TLDR

RACA fell 0.53% over the last 24h, underperforming the broader crypto market (-0.38%). The dip aligns with a 9% monthly decline, driven by project-specific headwinds and weak technicals.

  1. Refund Initiative (Bearish Impact) – RACA opened refunds for a discontinued Trump-linked campaign, likely triggering sell-offs.

  2. Technical Breakdown (Bearish) – Price broke below key Fibonacci support, signaling bearish momentum.

  3. Market Sentiment (Neutral) – Altcoin rotation gains haven’t offset RACA’s project-specific risks.

Deep Dive

1. Refund Initiative (Bearish Impact)

Overview: RACA announced refunds on 22 July 2025 for a Trump campaign partnership that ended abruptly, allowing investors to reclaim assets.

What this means: The refund process likely increased selling pressure as participants liquidated returned tokens. Combined with fading hype around the political collaboration, this eroded confidence in RACA’s short-term utility, exacerbating the downtrend.

What to look out for: Sustained outflows from RACA’s treasury or further partnership cancellations.

2. Technical Breakdown (Bearish)

Overview: RACA broke below the 23.6% Fibonacci retracement level ($0.0000598), a critical support zone. The 30-day SMA ($0.0000565) now acts as resistance, while the RSI (44.92) shows weakening momentum.

What this means: Technical traders may interpret the breakdown as a signal to exit positions, risking a slide toward the next support at $0.000052 (July 2025 low). Low turnover (0.18) suggests thin liquidity could amplify volatility.

What to look out for: A close above $0.0000545 (pivot point) to invalidate bearish structure.

Conclusion

RACA’s decline reflects fading hype around its Trump campaign ties and bearish technical triggers. While the broader altcoin market shows signs of rotation, RACA’s project-specific risks dominate.

Key watch: Can RACA hold the $0.000052 support zone, or will refund-related sell-offs deepen losses?

Why is RACA’s price up today? (08/09/2025)

TLDR

RACA rose 0.49% over the last 24h, underperforming the broader crypto market’s +1.56% gain. The move aligns with a 2.09% weekly uptick but remains within a 10.53% monthly decline. Here are the main factors:

  1. Refund initiative support – RACA opened refunds post-Trump campaign closure, potentially easing sell pressure (RACA).

  2. Technical resilience – Price holds above critical Fibonacci support despite bearish momentum signals.

Deep Dive

1. Refund Initiative (Mixed Impact)

Overview: RACA announced refunds on 22 July 2025 after its Trump campaign partnership ended, allowing investors to reclaim assets. While the event is 48 days old, the process may still be reducing immediate sell pressure as holders reassess positions.

What this means: Refunds can temporarily stabilize prices by reducing panic selling, but they also highlight project risks. The lack of recent updates about the initiative’s completion leaves uncertainty about long-term demand.

What to watch: Confirmation of refund completion rates and any new partnerships to replace the Trump campaign’s visibility.

2. Technical Support Holds (Neutral Impact)

Overview: RACA trades at $0.0000544, above the Fibonacci 78.6% retracement level ($0.000054215). However, bearish signals persist: the MACD histogram (-0.000000015244) shows weakening downward momentum, and the RSI14 (43.69) remains neutral.

What this means: Holding above $0.0000542 suggests short-term buying interest, but the 30-day SMA ($0.000056686) looms as resistance. A break below Fibonacci support could trigger a retest of July’s $0.00005204 low.

Conclusion

RACA’s minor rebound reflects a mix of reduced sell pressure from refunds and technical buying near key levels, but broader bearish trends dominate. Key watch: Can RACA hold $0.0000542 support amid low trading volume ($3.38M), or will macro headwinds drag it lower?

CMC AI can make mistakes. Not financial advice.