Will RAY break back above the recently lost support level or this will be just a bearish retest before moving down. We have to wait and see, but it's a good chance to start trade, long or short, doesn't matter... Broke that descending trendline and looking bullish. Looks like a golden cross on MACD will be printed, already got one on SRSI. Se maybe we will see a...
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access...
RAY - RAYDIUM - What goes down, must go ... UP? :) v.3439 lfg
This has been a sweet risky play since the bottom. Good returns.
I don't think Raydium is going anywhere and will become a key swap platform until a potential regulation strangle attempt?
Anyway. Speculative but I have some faith in the SRM-RAY-SOL Ben trifecta.
Lead us into the promised land Sir...
RAY/SOL chart looks like RAY has bottomed against SOL. If you are a Solana bull, this is an opportunity to maximize your Solana holdings. Risk reward in this trade is very high. Gains could be as low as 90% to high as 700%.
RAY is riding an ascending triangle, which is bullish. The ascending trend line has been respected a few times to validate the triangle. MA30 is acting as support. A retest must follow a breakout to confirm an entry.
the 1 minute chart gives the correct vertical lines.
this is the 15 minute chart. the 136.6 is placed somewhere completely different.
If you are tradingview, please look at my middle finger!
This breakout is after 136.6 times a couple of minutes but trading view doesn't want you to know that
RAY is looking bullish on the 24 minute time frame. I would keep an eye out for all Solana shitcoin ecosystem. This coin is something I own for the SRM-Ray Pool for liquidity mining. The setup currently looks bullish for a continuation. This coin seems to perform well when Solana is doing well. Also it doesn't move much in terms of volatility compared to Solana itself.
Those who buy RAY currency can save in the range of $ 18 to $ 20
And if they encounter resistance, they will buy $ 18 to $ 20 again at a price of $ 15 to $ 16
The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will .
-RAY is up over 30% the last week
-Price has formed an ascending channel
-RAY is being held up by the 40 MA
Raydium is a new token that was launched in early 2021. RAY just underwent a Binance listing in mid August which has caused a healthy price spike since. The use case for RAY is very appealing to many investors as it is natively hosted on the Solana...
RAY(Raydium) is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity, and new features for earning yield.
Signal: Red -> Green
RAY, RAYDIUM, RAYUSD , RAYUSDT ,RAYUSDTP ,CRYPTO,CRYPTOCURRENCY
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.