Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Raydium is up 13.03% today against the US Dollar
RAY/BTC increased by 11.90% today
RAY/ETH increased by 12.10% today
Raydium is currently trading 22.69% below our prediction on Nov 01, 2024
Raydium gained 91.37% in the last month and is up 1,543.56% since 1 year ago
Raydium price $ 3.43 Raydium prediction $ 4.43 (30.21%) Sentiment Bullish Fear & Greed index 69 (Greed) Key support levels $ 2.74, $ 2.49, $ 2.32 Key resistance levels $ 3.16, $ 3.33, $ 3.58
RAY price is expected to rise by 30.21% in the next 5 days according to our Raydium price prediction
Raydium price today is trading at $ 3.43 after gaining 13.03% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 17.43% in the same time period. RAY performed well against BTC today and recorded a 11.90% gain against the world’s largest cryptocurrency.
According to our Raydium price prediction, RAY is expected to reach a price of $ 4.43 by Nov 01, 2024. This would represent a 30.21% price increase for RAY in the next 5 days.
RAY Price Prediction Chart
Buy/Sell Raydium
What has been going on with Raydium in the last 30 days
Raydium has been displaying a positive trend recently, as the coin gained 91.37% in the last 30-days. The medium-term trend for Raydium has been bullish, with RAY increasing by 37.11% in the last 3 months. The long-term picture for Raydium has been positive, as RAY is currently displaying a 1,543.56% 1-year price change. On this day last year, RAY was trading at $ 0.208492.
Raydium reached its all-time high price on Sep 12, 2021, when the price of RAY peaked at $ 16.91. The current RAY cycle high is $ 3.49, while the cycle low is at $ 0.134291. RAY has been displaying high volatility recently – the 1-month volatility of the coin is at 19.43. Raydium recorded 18 green days in the last 30 days.
Raydium technical analysis for today - Oct 27, 2024
The sentiment in the Raydium markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 2.74, $ 2.49 and $ 2.32, while $ 3.16, $ 3.33 and $ 3.58 are the key resistance levels.
Bullish sentiment for Raydium
26 indicators are currently signaling a bullish prediction for Raydium, while 4 indicators are showing a bearish forecast. With 87% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Raydium.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Raydium moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Raydium is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 2.60 (BUY) $ 2.31 (BUY) - - MA5 $ 2.63 (BUY) $ 2.19 (BUY) - - MA10 $ 2.40 (BUY) $ 2.03 (BUY) - - MA21 $ 2.12 (BUY) $ 1.89 (BUY) -$ 4.55 (BUY) $ 1.78 (BUY) MA50 $ 1.81 (BUY) $ 1.77 (BUY) -$ 5.22 (BUY) $ 1.48 (BUY) MA100 $ 1.84 (BUY) $ 1.74 (BUY) -$ 2.89 (BUY) $ 1.05 (BUY) MA200 $ 1.78 (BUY) $ 1.65 (BUY) - -
Period Value Action RSI (14) 72.77 SELL Stoch RSI (14) 73.86 NEUTRAL Stochastic Fast (14) 86.82 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 54.54 SELL Awesome Oscillator (5, 34) 0.79 NEUTRAL Momentum (10) 0.97 NEUTRAL MACD (12, 26) 0.08 NEUTRAL Williams Percent Range (14) -13.18 SELL Ultimate Oscillator (7, 14, 28) 68.02 NEUTRAL VWMA (10) 2.71 BUY Hull Moving Average (9) 2.91 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 2.37 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Raydium is at 72.77, suggesting that RAY is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Raydium over the last 50 days. Currently, Raydium is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the RAY closing price for the last 200 days. RAY is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Raydium prediction
After considering the above factors, we can conclude that the current forecast for Raydium price prediction is Bullish. RAY would have to increase by 30.21% to hit our $ 4.43 target within the next five days. Moving forward, it will be important to monitor the RAY market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Raydium price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.