Ray has risen more than 60% last 5 days, now formed ascending triangle, a nice bullish pattern. Price discovery mode so fibs are targets... Didn't get affected too much by the last BTC excursion. Set alarms, don't miss it...
Hey hey my friends👋 RAY here is an on chain solana (SOL) project, this is a new coin, its next leg is primed, dont miss it
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...
Raydium a very promising new Swap, Exchange, Stake Defi platform under Solana. The token Ray is not being traded on major exchanges yet except FTX. So expect some major exchange announcements soon for this rising star. Any leap will put us at 19.5 first. Current marketcap is around 500 million usd and I expect it to reach over 2 billion in a couple of months. That...
Ray did a bullish retest and did not drop back in the range. Now following an upward ascending channel. A retest of the channel support is possible and makes for a good long entry. Bullish targets are marked.
Solana ecosystem rising so fast , are we in ? Raydium breaks new ath day by day however just listed on ftx and gate so new listing means new ath right? That picthfork and fib works clean new target is $21.7 . pitchfork details red line is 0.382 and 0.618 yellow line is 0.5
FTX:RAYPERP BULLFLAG on RAY-PERP (FTX ); target should hit just under 20$. I see 2 scenarios; either BTC dumps and BF completes full downward retracement (dotted lines) or scenario 2) BF is completed (solid lines) and long the breakout from above. Thoughts? Entry would be current price $12.75 or buy the breakout above $13.50. Targets just before Fib Lines....
Drop below $12.75 and it is a technical false breakout over key level. Will drop to the bottom of the range. Perfect short entry is the retest of $12.75, if there is a retest.
After already gaining 20% today, Raydium is not tired to run and still trying to breakout.
If $RAY is able to close within this range today, I am very bullish on an upward breakout within the next week or two
Raydium could be the strongest performing coin of the whole Solana ecosystem, I am expecting the next narrative phase to be the SOL ecosystem. RAY just announced a launchpad platform where they will be launching new projects, which should boost the price of RAY by a lot too.