Raydium

Propel

Reversal

Coin

<ul class="news-points"> 
 <li>RAY’s price surge to $0.223 sparks bullish momentum, eyeing $0.240 resistance.</li> 
 <li>Keltner bands widen, signaling potential swings despite overbought conditions.</li> 
 <li>High volatility and positive TRIX suggest a strong upward trend but beware of reversals.</li> 
</ul> 
Raydium (RAY) has seen significant bullish enthusiasm in the past 24 hours, with bulls driving the price from an intraday low of $0.1754 to a 4-week high of $0.223. RAY was trading at $0.2209 at press time, a 25.03% increase from its intraday low. 
If bulls break over the $0.223 barrier, the next level to monitor is $0.240. This level has often served as a solid barrier to RAY’s price movement, and a breach might spark more positive momentum. 
However, suppose bears successfully drive the price below the current support level of $0.220. Consequently, the next support to watch is $0.205, which may draw buying activity and prevent additional negative pressure. 
Furthermore, RAY’s market capitalization and 24-hour trading volume climbed by 25.08% and 1907.86%, respectively, to $51,467,282 and $40,693,870, showing higher investor activity and price volatility. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img decoding="async" src="https://coinedition.com/wp-content/uploads/2023/10/Ray-1.png" alt="" class="wp-image-340652" style="width: 100%;height:572px" width="674" height="572" srcset="https://coinedition.com/wp-content/uploads/2023/10/Ray-1.png 734w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-300x255.png 300w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-380x323.png 380w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-105x89.png 105w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-524x445.png 524w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-291x247.png 291w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-283x240.png 283w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-194x165.png 194w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-249x211.png 249w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-82x70.png 82w, https://coinedition.com/wp-content/uploads/2023/10/Ray-1-88x75.png 88w" sizes="(max-width: 674px) 100vw, 674px">
 <figcaption class="wp-element-caption">
 RAY/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/raydium/" target="_blank" rel="nofollow">CoinStats</a>)
 </figcaption>
 </figure>
</div> 
The K…
The post <a rel="nofollow" href="https://coinedition.com/ray-bulls-propel-price-to-4-week-high-is-a-reversal-looming/">RAY Bulls Propel Price to 4-Week High: Is a Reversal Looming?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

RAY Bulls Propel Price to 4-Week High: Is a Reversal Looming?

Coin Edition

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