Over the last 4 hours, Raydium (RAY) has seen a moderate decrease in price, dropping by around 2.33% against USDT. Currently priced at approximately $6.05, RAY has experienced a drop after a significant upward trend over the past month, during which its value surged by over 119%.
The price movement in this short time frame suggests some profit-taking following the recent rally. RAY's market activity has been active, with fluctuations showing strong buy and sell volumes across various time intervals. At the time of writing, there are indications of a mild bearish sentiment, though the overall long-term trend remains positive.
With RAY continuing to find support around the $6 mark, traders are closely monitoring for any signs of further volatility. If the price maintains its level, it could present an opportunity for traders looking to enter at a relatively stable point after its recent spike.
For real-time updates, consider monitoring active trading volumes and order book depth.