Rigetti Computing (RGTI) is currently at a critical price juncture, with a focus on retesting key support levels before determining its next major move. The stock needs to revisit the $9.80 support level, which has historically been a pivotal price point.
Key Scenarios for RGTI’s Price Action:
Bearish Scenario: Drop to $5.50 Before an Explosive Rally
If Rigetti fails to hold the $9.80 support, it could continue its decline toward the $5.50 zone.
From this level, a strong rebound is expected, potentially leading to a breakout and the formation of a new all-time high (ATH) as investor interest in quantum computing surges again.
Bullish Consolidation: Holding Above $9–$11 to Avoid a Drop
If RGTI stabilizes and consolidates between $9 and $11, it could build momentum and reject the drop to $5.50.
This consolidation would set the stage for a gradual price appreciation rather than a sharp decline followed by a rebound.
The Role of Market Sentiment and Quantum Computing Hype
The recent Google quantum computing breakthrough has reignited interest in quantum technology stocks, but short-term hype does not replace fundamental valuation.
The correct 2021 price range for Rigetti was between $9.50–$10, making this a key level to watch in 2025.
When evaluating Rigetti’s fair market value in 2025, investors must factor in inflation, along with the continued development and commercialization of quantum computing.
Looking Ahead: Potential Quantum Hype Cycle
After a period of price consolidation, another hype wave for quantum computing stocks is likely, driven by industry advancements and increasing institutional interest.
Rigetti's position in the quantum sector makes it a strong candidate for significant long-term gains, provided it maintains financial stability and technological progress.
Summary:
Retesting $9.80 support is crucial before determining the next move.
A break below $9.80 could lead to a dip to $5.50, followed by a strong bullish explosion to new highs.
If RGTI consolidates between $9 and $11, it may avoid a deeper drop and set up for a steady uptrend.
The next quantum computing hype cycle could be a major catalyst for price appreciation in the coming years.
Investors should closely monitor support levels and broader market conditions to capitalize on Rigetti’s long-term growth potential.
Key Scenarios for RGTI’s Price Action:
Bearish Scenario: Drop to $5.50 Before an Explosive Rally
If Rigetti fails to hold the $9.80 support, it could continue its decline toward the $5.50 zone.
From this level, a strong rebound is expected, potentially leading to a breakout and the formation of a new all-time high (ATH) as investor interest in quantum computing surges again.
Bullish Consolidation: Holding Above $9–$11 to Avoid a Drop
If RGTI stabilizes and consolidates between $9 and $11, it could build momentum and reject the drop to $5.50.
This consolidation would set the stage for a gradual price appreciation rather than a sharp decline followed by a rebound.
The Role of Market Sentiment and Quantum Computing Hype
The recent Google quantum computing breakthrough has reignited interest in quantum technology stocks, but short-term hype does not replace fundamental valuation.
The correct 2021 price range for Rigetti was between $9.50–$10, making this a key level to watch in 2025.
When evaluating Rigetti’s fair market value in 2025, investors must factor in inflation, along with the continued development and commercialization of quantum computing.
Looking Ahead: Potential Quantum Hype Cycle
After a period of price consolidation, another hype wave for quantum computing stocks is likely, driven by industry advancements and increasing institutional interest.
Rigetti's position in the quantum sector makes it a strong candidate for significant long-term gains, provided it maintains financial stability and technological progress.
Summary:
Retesting $9.80 support is crucial before determining the next move.
A break below $9.80 could lead to a dip to $5.50, followed by a strong bullish explosion to new highs.
If RGTI consolidates between $9 and $11, it may avoid a deeper drop and set up for a steady uptrend.
The next quantum computing hype cycle could be a major catalyst for price appreciation in the coming years.
Investors should closely monitor support levels and broader market conditions to capitalize on Rigetti’s long-term growth potential.
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A break below $9.80 could lead to a dip to $5.50, followed by a strong bullish explosion to new highs.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.