RAY surged 37.5% in the last 24 h, climbing from $0.91 to $1.44 before settling at $1.253. The rally is driven by a strong 9‑day SMA breaking above the 21‑day SMA and a 24‑h volume of $41M, confirming bullish momentum. RSI sits at 58, showing healthy upside without overbought risk.
News: Raydium’s $190M buyback program is in the spotlight, and AMBCrypto reports that the token has flipped $1‑mark again. These developments keep the narrative positive.
What next? If the 9‑SMA stays above the 21‑SMA and volume remains solid, RAY could test the $1.44 high again and push toward $1.60. A break below $1.15 would invalidate the current trend.
Action: BUY. Target: $1.60. Invalidation: $1.15.
What do you think about the buyback impact on RAY’s price?
#RAY #Raydium #DeFi #Crypto
News: Raydium’s $190M buyback program is in the spotlight, and AMBCrypto reports that the token has flipped $1‑mark again. These developments keep the narrative positive.
What next? If the 9‑SMA stays above the 21‑SMA and volume remains solid, RAY could test the $1.44 high again and push toward $1.60. A break below $1.15 would invalidate the current trend.
Action: BUY. Target: $1.60. Invalidation: $1.15.
What do you think about the buyback impact on RAY’s price?
#RAY #Raydium #DeFi #Crypto
