Currently, the pair $RAY /USDT is trading around $3.28, up sharply 15.50% in the past 24 hours, becoming one of the best-performing DeFi assets recently. This growth momentum is receiving particular attention from the community, and below are the potential price levels that could be reached in the near future:
💹 Important Price Targets:
Target 1: $3.20
This is the nearest resistance level in the past 24 hours and plays a vital role in confirming the trend. If RAY surpasses the $3.20 level with strong trading volume, it could pave the way for the price to continue rising, creating an opportunity for a new peak.Target 2: $3.50
If buying pressure remains sustained and market sentiment continues to be positive, the $3.50 level is the next target that RAY could reach. This level is above recent resistance and will require support from high trading volume to break through. Reaching $3.50 could be an important signal for investors about the strength of the upward trend.Target 3: $4.00
With the current momentum and the attraction from the DeFi market, the $4.00 level is seen as a promising medium-term target for RAY. If RAY can maintain its upward momentum and attract significant interest from the market, then $4.00 will be a price level to challenge in upcoming trading sessions, signaling a period of strong development.
📉 Important Support Level: $2.90
On the contrary, the $2.90 level is seen as the main support, a point where the upward trend may face selling pressure. If RAY cannot hold this support level, a price correction or reversal may occur, and traders should monitor closely.
🔍 Investment Advice
The increase in the price of RAY is opening up many investment opportunities in the DeFi sector. However, closely monitoring trading volume and market sentiment signals is essential to assess the potential breakout at resistance and support levels.