I managed to find an extremely interesting Defi asset. Here is a review on Raydium 🔍#RAY
Raydium - is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the decentralised Serum exchange (DEX).
[Let's move on to the chart breakdown.] While most centralised assets are in a bloody correction, falling 20-30%, #RAY is showing strength and moving against the whole market. I would like to draw your attention to its growth 📈 in the 1st wave. In just a few months, the asset went from $0.1590 to $3.200 - that's over 1900% upside (19x).
[Let's get back to the current situation.] At the moment the price movement is in the 2nd wave of the global 5-wave impulse. Most likely we will see its end at 0.5-0.618 ($0.5020-0.7200) Fibonacci values. After that I expect the beginning of growth in the 3rd wave, which will be able to raise the asset to $19-20 🐋.
