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$2B Quantum Initiative Fuels Rally — Is Rigetti a Buy at $25.50?

$2B Quantum Initiative Fuels Rally — Is Rigetti a Buy at $25.50?

TradingKey – Rigetti RGTI at $25.50 after pulling back from the 2.618 Fib breakout. $2B federal quantum initiative, 36-qubit government delivery, Lyra 100+ qubit late 2026. RSI 59. Target $27.77.

Rigetti Computing (NASDAQ: RGTI) currently stands at $25.50 for the Memorial Day long weekend, retreating from last week’s 2.618 Fibonacci extension breakout above $26.97 to retest the 0.236 Fibonacci retracement at $24.86 on the 2H. The RSI indicator has relaxed from 77-81 down to a neutral-bullish 59.22, showing neither bearish divergences, and the black trendline drawn along the $15.48 lows, above the $19.43 MA50, remains intact. The structure stands. But what we added since our May 26 article is a new fundamental catalyst, which is…

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