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Quantity leap or market creep?

Rigetti Computing (NASDAQ: RGTI) often exhibits volatility, and 2025 shows that it is no exception. Following a rapid surge in late 2024 that pushed shares to peaks of $21.39, RIGETTI’s stock price has been settling near the $13 mark, tempting traders with the prospect of its next potential breakout.

As quantum computing captivates attention and RIGETTI maintains its status as a leader in the field, everyone is curious to know if the company can achieve another breakthrough or if it is time to pause.

Righetti quantum momentum

Rigetti has emerged as a key participant in the quantum computing revolution. Its advances in quantum processors and cloud computing technologies provide paths to innovative solutions in sectors such as healthcare, logistics and finance. The company’s ability to establish collaboration and attract government interest in advanced technology places it at the leading edge of the industry.

Recent actions in Washington, such as greater funding for new technologies, have added to the excitement. Investors expect that RIGETTI may gain from federal aid as the United States aims to maintain its advantage in the global technology competition.

Key technical levels to watch

Rigetti shares are trading at $13.20 as of today, consolidating after a recent pullback. The stock’s technical structure reveals critical levels that could form its next move:

  • Resistance levels: $15.44 and $19.32 are the next barriers. A break above these levels could reignite the rally, with $21.39 as the next major target.
  • Support levels: $11.10 provides immediate support, with $5.92 acting as a strong floor in the event of a pullback in the broader market.

Consolidation around $13 suggests investors are waiting for fresh catalysts to push the stock in either direction.

Rigetti Computing (RGTI) stock price January 27, 2025

conclusion

The recent pullback from Rigetti Computing has brought the stock back to more grounded levels, but its potential remains firmly in the spotlight. While the decline from the highs may have dampened some of the excitement in the short term, it may present an opportunity for investors who missed the previous rally.

As the company continues to push the boundaries of quantum innovation, Rigetti remains a stock with the potential to surprise — for better or worse. Whether this consolidation turns into a buying opportunity or signals further decline will depend on the company’s ability to make meaningful progress on its ambitious goals.

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