RAYCOIN
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$RAY Analyst Sentiment on RAY (November 4, 2024)
Current Price: $3.227
Target Price: $4.00
Buy Price: $3.00
Today, analysts maintain a **bullish** outlook on RAY, driven by strong fundamentals and positive market trends. The recent surge in demand for renewable energy solutions has positioned RAY favorably within the sector. With increasing investment in sustainable technologies and a robust pipeline of projects, RAY's growth potential remains significant.
Technical indicators also suggest that RAY is poised for upward momentum, making the current price an attractive entry point for investors. The target price reflects confidence in the company's ability to capitalize on emerging market opportunities.
Investors should consider RAY a solid buy, particularly at or below $3.00, as analysts expect the stock to reach $4.00 in the coming months, driven by ongoing innovations and strategic partnerships.
#RAYCOIN #RAYBoom #RAYRevolution #RAY/USDT $RAY
Current Price: $3.227
Target Price: $4.00
Buy Price: $3.00
Today, analysts maintain a **bullish** outlook on RAY, driven by strong fundamentals and positive market trends. The recent surge in demand for renewable energy solutions has positioned RAY favorably within the sector. With increasing investment in sustainable technologies and a robust pipeline of projects, RAY's growth potential remains significant.
Technical indicators also suggest that RAY is poised for upward momentum, making the current price an attractive entry point for investors. The target price reflects confidence in the company's ability to capitalize on emerging market opportunities.
Investors should consider RAY a solid buy, particularly at or below $3.00, as analysts expect the stock to reach $4.00 in the coming months, driven by ongoing innovations and strategic partnerships.
#RAYCOIN #RAYBoom #RAYRevolution #RAY/USDT $RAY
$RAY **RAY Market Outlook: November 3, 2024**
As of today, RAY is showing promising signs, leading to a bullish sentiment among investors. With a current price of $3.498, analysts predict a target price of $4.00 within the next month, driven by increasing demand and positive market trends. Recent developments suggest that strategic partnerships and technological advancements are enhancing RAY's market position.
Investors are advised to consider entering at the current price, taking advantage of potential upside. The anticipated target price reflects a solid 14% increase, suggesting a favorable risk-reward ratio. Overall, the outlook remains optimistic as RAY continues to garner interest in the competitive landscape.
**Buy Price:** $3.498
**Target Price:** $4.00
Stay informed and watch RAY closely as it navigates this bullish phase!
#RAYCOIN #RAYBoom #Rayusdt #RAYBoom $RAY
As of today, RAY is showing promising signs, leading to a bullish sentiment among investors. With a current price of $3.498, analysts predict a target price of $4.00 within the next month, driven by increasing demand and positive market trends. Recent developments suggest that strategic partnerships and technological advancements are enhancing RAY's market position.
Investors are advised to consider entering at the current price, taking advantage of potential upside. The anticipated target price reflects a solid 14% increase, suggesting a favorable risk-reward ratio. Overall, the outlook remains optimistic as RAY continues to garner interest in the competitive landscape.
**Buy Price:** $3.498
**Target Price:** $4.00
Stay informed and watch RAY closely as it navigates this bullish phase!
#RAYCOIN #RAYBoom #Rayusdt #RAYBoom $RAY
Hereâs a creative and attractive post for Binance featuring $RAY /USDT:
---
đ RAY/USDT Market Snapshot đ
Current Price: $3.480
24h High: $3.610
24h Low: $3.290
24h Trading Volume: 11.59M RAY | 39.98M USDT
Market Movement:
24h Change: 0.00%
1D Change: -3.36%
Price Chart:
Stay updated with the latest trends in the RAY market!
Order Book Insights:
Bids: 62.70%
Asks: 37.30%
Top Orders:
Bid: 3.479 (87.7 RAY)
Ask: 3.480 (172.6 RAY)
Performance Overview:
7 Days: +1.40%
30 Days: +14.44%
90 Days: +119.42%
1 Year: +1215.69%
Join the RAY Community!
Engage with other traders and keep up with market insights. Every trade counts!
Start Trading RAY on Binance Today!
---
Feel free to customize further or add images as needed!
#Write2Earn! #writetowin #Write&Earn #RAYCOIN
---
đ RAY/USDT Market Snapshot đ
Current Price: $3.480
24h High: $3.610
24h Low: $3.290
24h Trading Volume: 11.59M RAY | 39.98M USDT
Market Movement:
24h Change: 0.00%
1D Change: -3.36%
Price Chart:
Stay updated with the latest trends in the RAY market!
Order Book Insights:
Bids: 62.70%
Asks: 37.30%
Top Orders:
Bid: 3.479 (87.7 RAY)
Ask: 3.480 (172.6 RAY)
Performance Overview:
7 Days: +1.40%
30 Days: +14.44%
90 Days: +119.42%
1 Year: +1215.69%
Join the RAY Community!
Engage with other traders and keep up with market insights. Every trade counts!
Start Trading RAY on Binance Today!
---
Feel free to customize further or add images as needed!
#Write2Earn! #writetowin #Write&Earn #RAYCOIN
Top Solana DEX Raydium (RAY) Leading in On-Chain Metrics: Is More Rally Ahead?
The cryptocurrency market is currently abuzz with memecoins, as heightened investor interest has driven a substantial increase in liquidity. According to CoinMarketCap, the total market capitalization of memecoins has surged from $44.56 billion to $59.05 billion within the past 30 days, highlighting robust demand for these high-risk, high-reward assets.
In this dynamic landscape, Raydium ($RAY ), the leading decentralized exchange (DEX) on the Solana network, has demonstrated impressive growth in its on-chain metrics. As a premier platform for trading new memecoins on Solana, utilizing tools like Pump.fun and Dexscreener, Raydium has garnered significant attention from investors. Over the past 30 days, RAY has experienced a remarkable increase of 115%, including a 15% rise in just the last 24 hours, outperforming many other prominent altcoins.
Solanaâs Continued Dominance in Layer 1 Trading Activity
Solana maintains its leadership position in the Layer 1 sector regarding trading activity, with DEXs on the network flourishing as trading volumes and user engagement rise. Among these DEXs, Raydium stands out, capturing 67.4% of the total trading volume, which has surpassed $58 billion in the last month. This high trading volume is attributed to the increasing popularity of memecoins on the platform and Raydiumâs extensive liquidity, establishing it as the preferred choice for memecoin traders.
The Role of PumpFun in Raydium's Liquidity Surge
A significant driver of Raydium's success is its strong integration with PumpFun, a memecoin launchpad on Solana. Tokens launched on Pump.fun automatically gain liquidity on Raydium once they reach a specific market cap threshold, making Raydium the most liquid platform for memecoin trading on Solana. Recent data from Dune Analytics shows that Raydium has led the way with $13.84 billion in trading volume on Pump.fun, underscoring its dominant market position.
Technical Analysis: Is More Rally Ahead?
Analyzing the daily chart for RAY/USDT reveals that Raydium is currently in a robust bullish trend, having broken out of a consolidation phase. The price has reached the $3.61 level, approaching a key resistance zone. A successful breakout above this resistance could trigger further upward momentum, with the next significant target projected in the $8 to $12 range.
The trading volume and momentum indicators also support the potential for a rally. The volume has been increasing steadily, indicating strong buyer interest. Additionally, the Relative Strength Index (RSI) has recently surpassed the 80 mark, signaling that while momentum remains bullish, it is nearing overbought conditions. If Raydium can sustain this momentum and break through resistance, a move toward $8 or even higher levels is conceivable.
In conclusion, as Raydium continues to capture a significant share of trading activity on Solana, investors are closely monitoring its performance for further upside potential in the current market environment.
In this dynamic landscape, Raydium ($RAY ), the leading decentralized exchange (DEX) on the Solana network, has demonstrated impressive growth in its on-chain metrics. As a premier platform for trading new memecoins on Solana, utilizing tools like Pump.fun and Dexscreener, Raydium has garnered significant attention from investors. Over the past 30 days, RAY has experienced a remarkable increase of 115%, including a 15% rise in just the last 24 hours, outperforming many other prominent altcoins.
Solanaâs Continued Dominance in Layer 1 Trading Activity
Solana maintains its leadership position in the Layer 1 sector regarding trading activity, with DEXs on the network flourishing as trading volumes and user engagement rise. Among these DEXs, Raydium stands out, capturing 67.4% of the total trading volume, which has surpassed $58 billion in the last month. This high trading volume is attributed to the increasing popularity of memecoins on the platform and Raydiumâs extensive liquidity, establishing it as the preferred choice for memecoin traders.
The Role of PumpFun in Raydium's Liquidity Surge
A significant driver of Raydium's success is its strong integration with PumpFun, a memecoin launchpad on Solana. Tokens launched on Pump.fun automatically gain liquidity on Raydium once they reach a specific market cap threshold, making Raydium the most liquid platform for memecoin trading on Solana. Recent data from Dune Analytics shows that Raydium has led the way with $13.84 billion in trading volume on Pump.fun, underscoring its dominant market position.
Technical Analysis: Is More Rally Ahead?
Analyzing the daily chart for RAY/USDT reveals that Raydium is currently in a robust bullish trend, having broken out of a consolidation phase. The price has reached the $3.61 level, approaching a key resistance zone. A successful breakout above this resistance could trigger further upward momentum, with the next significant target projected in the $8 to $12 range.
The trading volume and momentum indicators also support the potential for a rally. The volume has been increasing steadily, indicating strong buyer interest. Additionally, the Relative Strength Index (RSI) has recently surpassed the 80 mark, signaling that while momentum remains bullish, it is nearing overbought conditions. If Raydium can sustain this momentum and break through resistance, a move toward $8 or even higher levels is conceivable.
In conclusion, as Raydium continues to capture a significant share of trading activity on Solana, investors are closely monitoring its performance for further upside potential in the current market environment.
$RAY /usdt is currently bouncing from the ascending triangle resistance after breakout.
The momentum remains strong with key targets at $4.30 and $5.00.
$RAY #RAYCOIN #16thBTCWhitePaperAnniv #USNFPCooldown #USPCEExceeds #USJobOpeningsDip
The momentum remains strong with key targets at $4.30 and $5.00.
$RAY #RAYCOIN #16thBTCWhitePaperAnniv #USNFPCooldown #USPCEExceeds #USJobOpeningsDip
$RAY /usdt is currently bouncing from the ascending triangle resistance after breakout.
The momentum remains strong with key targets at $4.30 and $5.00.
$RAY #RAYCOIN #USNFPCooldown #USADPSurges #NovCryptoOutlook
The momentum remains strong with key targets at $4.30 and $5.00.
$RAY #RAYCOIN #USNFPCooldown #USADPSurges #NovCryptoOutlook
$RAY **Ray (RAY) Analysis - November 2, 2024**
**Current Price:** $3.396
**Outlook:** Neutral to Bullish
**Buy Price:** $3.30
**Target Price:** $4.20
Today, Raydium (RAY) shows potential for a modest rebound after recent consolidation, driven by increasing trading volume and positive sentiment within the DeFi ecosystem. Investors interested in the project might consider entering near $3.30, where RAY has shown strong support. The immediate resistance is around $3.80, with a bullish breakout potentially taking it to $4.20 if market momentum strengthens. However, a cautious approach is wise, as overall market volatility remains high.
#RAYBoom #RAYRevolution #RAYCOIN #Raydium $RAY
**Current Price:** $3.396
**Outlook:** Neutral to Bullish
**Buy Price:** $3.30
**Target Price:** $4.20
Today, Raydium (RAY) shows potential for a modest rebound after recent consolidation, driven by increasing trading volume and positive sentiment within the DeFi ecosystem. Investors interested in the project might consider entering near $3.30, where RAY has shown strong support. The immediate resistance is around $3.80, with a bullish breakout potentially taking it to $4.20 if market momentum strengthens. However, a cautious approach is wise, as overall market volatility remains high.
#RAYBoom #RAYRevolution #RAYCOIN #Raydium $RAY
$RAY Ray (RAY) Analysis - October 27, 2024
**Current Price:** $3.282
**Target Price (November 1, 2024):** $3.50
**Buy Price:** $3.25
**Market Sentiment: Bullish**
Ray has shown strong resilience in recent trading sessions, bouncing back from support levels near $3.00. The overall market sentiment is shifting positively, driven by increased interest in decentralized finance (DeFi) projects. With upcoming updates and partnerships on the horizon, investor confidence is likely to grow.
In the short term, a break above the resistance level at $3.50 could signal further upward momentum. Technical indicators suggest a potential bullish crossover, supporting a price target of $3.50 by November 1. Long-term investors may find current levels attractive for entry, especially if the market maintains its positive trend.
Popular Articles
1. **"Ray: The Next Big Thing in DeFi?"** - An in-depth look at Ray's recent developments and what they mean for the future.
2. **"Technical Analysis of Ray: What to Expect in November"** - A closer examination of key support and resistance levels.
3. **"Investing in Ray: Is Now the Right Time?"** - Insights into market trends and potential price movements.
#RAYBoom #Rayusdt #RAYRevolution #RAYCOIN $RAY
**Current Price:** $3.282
**Target Price (November 1, 2024):** $3.50
**Buy Price:** $3.25
**Market Sentiment: Bullish**
Ray has shown strong resilience in recent trading sessions, bouncing back from support levels near $3.00. The overall market sentiment is shifting positively, driven by increased interest in decentralized finance (DeFi) projects. With upcoming updates and partnerships on the horizon, investor confidence is likely to grow.
In the short term, a break above the resistance level at $3.50 could signal further upward momentum. Technical indicators suggest a potential bullish crossover, supporting a price target of $3.50 by November 1. Long-term investors may find current levels attractive for entry, especially if the market maintains its positive trend.
Popular Articles
1. **"Ray: The Next Big Thing in DeFi?"** - An in-depth look at Ray's recent developments and what they mean for the future.
2. **"Technical Analysis of Ray: What to Expect in November"** - A closer examination of key support and resistance levels.
3. **"Investing in Ray: Is Now the Right Time?"** - Insights into market trends and potential price movements.
#RAYBoom #Rayusdt #RAYRevolution #RAYCOIN $RAY
$RAY As of today, RAY (Raydium) is showing mixed signals in the market. The current price of $3.176 is within a recent consolidation phase, suggesting some hesitation from both buyers and sellers. However, a cautious bullish sentiment could emerge if buying volume increases, especially if broader crypto market sentiment remains positive. Key resistance at $3.30 could be a target, and surpassing it might signal further gains.
### Target Price & Sell Price
- **Target Price:** $3.30â$3.40
- **Sell Price (if bearish trend emerges):** $3.00
Given the recent price movements, close monitoring is advisable, especially if RAY nears the $3.30 range.
#RAYCOIN #RAYBoom #RateCutExpectations #RAYBoom $RAY
### Target Price & Sell Price
- **Target Price:** $3.30â$3.40
- **Sell Price (if bearish trend emerges):** $3.00
Given the recent price movements, close monitoring is advisable, especially if RAY nears the $3.30 range.
#RAYCOIN #RAYBoom #RateCutExpectations #RAYBoom $RAY
$RAY Ray (RAY) Analysis - October 30, 2024
**Current Price:** $3.136
**Target Price:** $3.40
**Sell Price:** $3.25
Market Sentiment: Bullish
Ray (RAY) is showing positive momentum, supported by recent developments in the DeFi space and increased user engagement. The current price of $3.136 indicates a solid foundation for upward movement, with a target price set at $3.40 for October 30, 2024.
The growing adoption of Rayâs protocol and strategic partnerships are driving optimism among investors. As the market sentiment remains bullish, potential short-term traders might consider a sell price around $3.25 to capitalize on anticipated gains. Overall, the outlook for RAY remains positive, with room for growth in the near term.
#RAY/USDT #RAYCOIN #RAYBoom #RAYRevolution $RAY
**Current Price:** $3.136
**Target Price:** $3.40
**Sell Price:** $3.25
Market Sentiment: Bullish
Ray (RAY) is showing positive momentum, supported by recent developments in the DeFi space and increased user engagement. The current price of $3.136 indicates a solid foundation for upward movement, with a target price set at $3.40 for October 30, 2024.
The growing adoption of Rayâs protocol and strategic partnerships are driving optimism among investors. As the market sentiment remains bullish, potential short-term traders might consider a sell price around $3.25 to capitalize on anticipated gains. Overall, the outlook for RAY remains positive, with room for growth in the near term.
#RAY/USDT #RAYCOIN #RAYBoom #RAYRevolution $RAY
$RAY RAY (Raydium) Analysis - October 30, 2024
**Current Price:** $0.304
**Market Sentiment:** Bullish
**Analysis:**
Raydium (RAY) has shown promising momentum in recent weeks, driven by increased trading volumes and a growing user base on its decentralized exchange platform. With the ongoing developments in the Solana ecosystem and new partnerships enhancing its utility, RAY is positioned for potential growth. The overall cryptocurrency market is also experiencing a positive sentiment, which may further bolster RAY's price.
**Target Price:** $0.35
**Sell Price:** $0.325
Investors should watch for key support at $0.30; a sustained breach above $0.32 could trigger further bullish momentum. However, caution is advised as market volatility remains a factor.
#RAYCOIN #RAYRevolution #RAYBoom $RAY
**Current Price:** $0.304
**Market Sentiment:** Bullish
**Analysis:**
Raydium (RAY) has shown promising momentum in recent weeks, driven by increased trading volumes and a growing user base on its decentralized exchange platform. With the ongoing developments in the Solana ecosystem and new partnerships enhancing its utility, RAY is positioned for potential growth. The overall cryptocurrency market is also experiencing a positive sentiment, which may further bolster RAY's price.
**Target Price:** $0.35
**Sell Price:** $0.325
Investors should watch for key support at $0.30; a sustained breach above $0.32 could trigger further bullish momentum. However, caution is advised as market volatility remains a factor.
#RAYCOIN #RAYRevolution #RAYBoom $RAY
âš Third Highest DEX Achieved!
đ Raydium has soared by 16.8% in a single day, securing its position as the third highest decentralized exchange (DEX) on the market. This significant rise highlights the growing momentum of Solana-based projects in the crypto sector.
#RAYCOIN $RAY
đ Raydium has soared by 16.8% in a single day, securing its position as the third highest decentralized exchange (DEX) on the market. This significant rise highlights the growing momentum of Solana-based projects in the crypto sector.
#RAYCOIN $RAY
đ Top Trending Coins (Today)
1. KLAUS
2. TAI
3. GOAT
4. RAY
5. POPCAT
6. KOKO
7. QUBIC
8. VIRTUAL
9. SUI
10. NOS
11. JUP
12. LUNA
13. AERO
14. AIC
15. SPX
#TAI/USDT #GOATMomentsGiveaway #RAYCOIN #JupiterJUP #LUNARtoken
1. KLAUS
2. TAI
3. GOAT
4. RAY
5. POPCAT
6. KOKO
7. QUBIC
8. VIRTUAL
9. SUI
10. NOS
11. JUP
12. LUNA
13. AERO
14. AIC
15. SPX
#TAI/USDT #GOATMomentsGiveaway #RAYCOIN #JupiterJUP #LUNARtoken
$RAY
#RAY/USDT Unstoppable Beastđž
Hit 3.618 | 70% So Farđâïž
Our team is working hard to identify the best TA+FA based calls for our community. Stay tuned to the channel and pin it to ensure you never miss out on any crucial updates. Also share our channel with your friends and family. Let's soar to new heights together! Keep Earning
#BTC67KRebound #CryptoPreUSElection #CryptoPreUSElection #CryptoPreUSElection #RAYCOIN
#RAY/USDT Unstoppable Beastđž
Hit 3.618 | 70% So Farđâïž
Our team is working hard to identify the best TA+FA based calls for our community. Stay tuned to the channel and pin it to ensure you never miss out on any crucial updates. Also share our channel with your friends and family. Let's soar to new heights together! Keep Earning
#BTC67KRebound #CryptoPreUSElection #CryptoPreUSElection #CryptoPreUSElection #RAYCOIN
$RAY +84% so far
Nice breakout on daily. Very undervalued, and 5X from ATH. With Solana season just kicking off I expect this to break ATH within the next 6 months.
- Pick & shovels play for memes
- Raydium buys back tokens with revenue
- Top 5 24hr Fees in ALL CRYPTO
$4 is the main trouble area.
#RAY/USDT #RAYCOIN #BTC67KRebound #ETHBTCNewLow #EthereumPectraUpgrade
Nice breakout on daily. Very undervalued, and 5X from ATH. With Solana season just kicking off I expect this to break ATH within the next 6 months.
- Pick & shovels play for memes
- Raydium buys back tokens with revenue
- Top 5 24hr Fees in ALL CRYPTO
$4 is the main trouble area.
#RAY/USDT #RAYCOIN #BTC67KRebound #ETHBTCNewLow #EthereumPectraUpgrade
LIVE
Henry Insights
--
$RAY is about to break out:
It currently sits at a major multi-month resistance and I believe the strong fundamental setup could result in a breakout.
â Solana is leading volume & price
â Ray is a beta on Solana volume
â Investor tokens fully unlocked
â Strong revenue based buy back
If it breaks the resistance and Solana continues to perform I expect a violent move.
Here is how much revenue Radyium generated in the recent timeframes:
âą 24 hours: $3.5m | $SOL = $3.9
âą 7 days: $19m | $SOL = $20m
âą 30 days: $49m | $SOL = $49m
Ray is pretty much consistently the top-ranked Dapp by revenue.
Pair that with strong activity coming back to Solana and Raydiums god-tier tokenomics and it can do really well imo.
It currently sits at a major multi-month resistance and I believe the strong fundamental setup could result in a breakout.
â Solana is leading volume & price
â Ray is a beta on Solana volume
â Investor tokens fully unlocked
â Strong revenue based buy back
If it breaks the resistance and Solana continues to perform I expect a violent move.
Here is how much revenue Radyium generated in the recent timeframes:
âą 24 hours: $3.5m | $SOL = $3.9
âą 7 days: $19m | $SOL = $20m
âą 30 days: $49m | $SOL = $49m
Ray is pretty much consistently the top-ranked Dapp by revenue.
Pair that with strong activity coming back to Solana and Raydiums god-tier tokenomics and it can do really well imo.
$RAY Ray (RAY) Analysis â October 27, 2024
**Current Price:** $3.486
**Market Sentiment:** Bullish
Ray (RAY) has shown positive momentum recently, with increasing trading volume and heightened interest in the projectâs ecosystem. As the overall crypto market continues to trend upward, RAY is benefiting from this bullish sentiment. Recent developments and partnerships have also sparked optimism among investors, contributing to the upward trajectory.
**Target Price:** $3.80
**Sell Price:** $3.60
With the recent price action and potential for further growth, traders might consider RAY a promising asset to hold. However, market volatility remains a factor, so it's crucial to monitor any sudden shifts. Keep an eye on news and market trends for optimal trading decisions.
#RAYCOIN #RAY/USDT #RAYBoom #Rayusdt $RAY
**Current Price:** $3.486
**Market Sentiment:** Bullish
Ray (RAY) has shown positive momentum recently, with increasing trading volume and heightened interest in the projectâs ecosystem. As the overall crypto market continues to trend upward, RAY is benefiting from this bullish sentiment. Recent developments and partnerships have also sparked optimism among investors, contributing to the upward trajectory.
**Target Price:** $3.80
**Sell Price:** $3.60
With the recent price action and potential for further growth, traders might consider RAY a promising asset to hold. However, market volatility remains a factor, so it's crucial to monitor any sudden shifts. Keep an eye on news and market trends for optimal trading decisions.
#RAYCOIN #RAY/USDT #RAYBoom #Rayusdt $RAY
$RAY
Looks Strong After Israel Attack Recovered Quickly Expecting Upside Continuation In Coming Days. just coin analysis don't hit any country .
#RAYCOIN #TetherUnderInvestigation #TeslaBTCQ3HoldingsStable
Looks Strong After Israel Attack Recovered Quickly Expecting Upside Continuation In Coming Days. just coin analysis don't hit any country .
#RAYCOIN #TetherUnderInvestigation #TeslaBTCQ3HoldingsStable
đš $RAY /USDT SURGES â WILL IT CONTINUE THE RALLY OR FACE REJECTION? đš
The $RAY /USDT pair has seen a strong rally, currently trading at 3.282 USDT, up by 11.86% over the last 24 hours. This upward movement from a low of 2.855 USDT highlights significant buying momentum.
đ Key Levels to Watch:
Resistance: 3.320 USDT â This is the immediate resistance. A successful breakout here could push RAY toward the 3.500 USDT level, potentially attracting more buyers.
Support: 3.108 USDT â This is the closest support zone. If this level holds, it will reinforce bullish sentiment. If breached, look for further support at 2.855 USDT.
đ Entry Strategy:
Short-Term Long Entry: Enter around 3.290 USDT, targeting a move up to 3.450 USDT. Set a stop loss at 3.100 USDT to protect against downside.
Long-Term Long Entry: Look to enter around 3.150 USDT, with an extended target of 3.600 USDT if momentum remains strong. A stop loss at 3.050 USDT is recommended.
â ïž Short Position (if reversal occurs):
In case of rejection at 3.320 USDT, consider a short entry at 3.280 USDT, aiming for 3.100 USDT as a target. Place a stop loss at 3.330 USDT to manage risk.
$RAY /USDT is at a decision point â a breakout or a drop could follow soon. Stay alert for strong price action!
#RAYCOIN #BTCETFDemandSurge #TetherUnderInvestigation #ScrollOnBinance #Write2Earn!
The $RAY /USDT pair has seen a strong rally, currently trading at 3.282 USDT, up by 11.86% over the last 24 hours. This upward movement from a low of 2.855 USDT highlights significant buying momentum.
đ Key Levels to Watch:
Resistance: 3.320 USDT â This is the immediate resistance. A successful breakout here could push RAY toward the 3.500 USDT level, potentially attracting more buyers.
Support: 3.108 USDT â This is the closest support zone. If this level holds, it will reinforce bullish sentiment. If breached, look for further support at 2.855 USDT.
đ Entry Strategy:
Short-Term Long Entry: Enter around 3.290 USDT, targeting a move up to 3.450 USDT. Set a stop loss at 3.100 USDT to protect against downside.
Long-Term Long Entry: Look to enter around 3.150 USDT, with an extended target of 3.600 USDT if momentum remains strong. A stop loss at 3.050 USDT is recommended.
â ïž Short Position (if reversal occurs):
In case of rejection at 3.320 USDT, consider a short entry at 3.280 USDT, aiming for 3.100 USDT as a target. Place a stop loss at 3.330 USDT to manage risk.
$RAY /USDT is at a decision point â a breakout or a drop could follow soon. Stay alert for strong price action!
#RAYCOIN #BTCETFDemandSurge #TetherUnderInvestigation #ScrollOnBinance #Write2Earn!
$RAY Today, **Ray (RAY)** shows a cautious **bullish** sentiment. With a current price at **$2.966**, RAY has managed to hold steady around its recent support levels, indicating a potential for upward momentum. If market volume continues to support, a target price of **$3.20** could be realistic in the short term. A break above this target could lead to a retest of **$3.30**, positioning RAY for stronger gains.
However, caution is advised. Should the market sentiment turn, a pullback could lead RAY towards **$2.80** as the next support level, making it an ideal point to reevaluate. For now, a **sell price** of around **$3.30** offers a reasonable exit for short-term gains while minimizing exposure to potential dips.
#RAYCOIN #RAYRevolution #RAYBoom #Rayusdt #Write2Earn! $RAY
However, caution is advised. Should the market sentiment turn, a pullback could lead RAY towards **$2.80** as the next support level, making it an ideal point to reevaluate. For now, a **sell price** of around **$3.30** offers a reasonable exit for short-term gains while minimizing exposure to potential dips.
#RAYCOIN #RAYRevolution #RAYBoom #Rayusdt #Write2Earn! $RAY