$RAY RAY/USDC — Latest Technical Analysis
Current picture: RAY/USDC is around 1.32–1.36 USDC. The pair has made a very strong recovery recently: from about 0.82 on Sep 4 to above 1.35, with a Sep 9 intraday high around 1.47.
📊 My analysis
Trend: 🟢 Bullish, but highly volatile.
Immediate resistance: 1.40–1.47
Major breakout: A sustained move above 1.47 could open the way toward 1.60–1.70.
First support: 1.25–1.30
Important support: 1.17–1.20
Strong support: 1.05–1.10
Momentum is strong: RAY gained roughly 50% over 7 days according to CoinGecko.
🔥 Trading scenarios
Bullish:
If RAY holds 1.25–1.30 and breaks 1.47 with volume → potential targets 1.60 → 1.75 → 2.00.
Bearish:
If it gets rejected around 1.40–1.47 and loses 1.25, I would watch 1.17, then 1.05–1.10.
My view: 🟢 Bullish above 1.25, but I would avoid chasing a large green candle. A pullback/retest of 1.25–1.30 would give a cleaner risk/reward setup.
The RAY/USDC market itself is showing substantial liquidity and recent high trading activity, although exact prices vary between pools/exchanges.
Not financial advice. Crypto can move extremely quickly.
If you want, I can also give you a .
#CPIWatch #BlockstreamRefusesToPayRansomToLiquidAttacker #TrumpDeclinesSaudiRequestToStrikeHouthis
Current picture: RAY/USDC is around 1.32–1.36 USDC. The pair has made a very strong recovery recently: from about 0.82 on Sep 4 to above 1.35, with a Sep 9 intraday high around 1.47.
📊 My analysis
Trend: 🟢 Bullish, but highly volatile.
Immediate resistance: 1.40–1.47
Major breakout: A sustained move above 1.47 could open the way toward 1.60–1.70.
First support: 1.25–1.30
Important support: 1.17–1.20
Strong support: 1.05–1.10
Momentum is strong: RAY gained roughly 50% over 7 days according to CoinGecko.
🔥 Trading scenarios
Bullish:
If RAY holds 1.25–1.30 and breaks 1.47 with volume → potential targets 1.60 → 1.75 → 2.00.
Bearish:
If it gets rejected around 1.40–1.47 and loses 1.25, I would watch 1.17, then 1.05–1.10.
My view: 🟢 Bullish above 1.25, but I would avoid chasing a large green candle. A pullback/retest of 1.25–1.30 would give a cleaner risk/reward setup.
The RAY/USDC market itself is showing substantial liquidity and recent high trading activity, although exact prices vary between pools/exchanges.
Not financial advice. Crypto can move extremely quickly.
If you want, I can also give you a .
#CPIWatch #BlockstreamRefusesToPayRansomToLiquidAttacker #TrumpDeclinesSaudiRequestToStrikeHouthis
