RAY surged 62% in the last 24 hrs, climbing from $0.86 to $1.44 and breaking the 9‑day SMA at $1.29 while the 21‑day SMA sits at $1.14. The 14‑period RSI is 71, signalling strong upward momentum. The latest news confirms the rally: Raydium’s volume topped $1 trillion and the token was added to Robinhood and Revolut, boosting retail exposure. With the bullish SMA crossover and high volume, the price is likely to test the 24‑h high of $1.44 before a potential pullback. A short‑term target of $1.55 is reasonable; a break below $1.20 would invalidate the bullish case. Action: BUY.
What do you think will happen if RAY hits the $1.55 target?
#RAY #Raydium #BinanceSquare #CryptoAnalysis
What do you think will happen if RAY hits the $1.55 target?
#RAY #Raydium #BinanceSquare #CryptoAnalysis
