Raydium surges 11.66% as buyers dominate despite mixed technicals

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Raydium jumps 11.66% today to $0.996

Highlights

RAY is trading at $0.996, above the MA-20 ($0.9321) but below MA-50 ($1.0628) and MA-200 ($2.2370), indicating short-term bullish momentum amid longer-term bearish pressure.
Momentum signals are mixed, with D1 MACD and ADX bearish, Stoch RSI overbought, and Bull/Bear Power positive, raising the risk of a near-term pullback despite recent 11.66% daily price gain.
Expected price range for the next five days is $0.93 to $1.06, with less than 20% probability of a price increase and a consolidation scenario favored unless $0.93 support fails.

Overbought signals and diverging momentum heighten reversal risk

From a technical perspective, short-term support for RAY is anchored near the MA-20 at $0.9321, with resistance forming at the MA-50 ($1.0628) or the Kijun level near $1.03. The daily MACD and ADX remain bearish, signaling limited follow-through for bulls, while the Stoch RSI is deeply overbought and the RSI sits slightly below neutral, indicating a heightened risk of a short-term pullback. Bull/Bear Power remains positive, suggesting buyers are still dominant despite today’s high volatility and strong close. Oscillators generally indicate overbought or bullish signals, but diverging momentum warrants caution for shifts in sentiment if profit-taking increases.

Low upside odds as bearish trend tempers trading range

Looking ahead to the next five trading days, RAY is expected to fluctuate within a typical volatility range of $0.93 to $1.06. The likelihood of a price increase is low, with less than a 20% probability, given the prevailing bearish signals on the weekly chart. Most likely, the price will consolidate within this band as short-term buying and long-term selling pressures offset each other. A breakout above $1.03 – $1.06 would indicate renewed bullish momentum, while a move below support at $0.93 could open the door for further declines.

Viktoras Karapetjanc, expert at Traders Union, sees Raydium’s price holding firm above short-term support while buyers still control near-term sentiment. He notes that technical signals remain conflicted, with oscillators flashing overbought and higher timeframe momentum still bearish. The analyst expects consolidation between $0.93 and $1.06 unless key levels are breached. Karapetjanc says: "If RAY breaks above $1.03, we could see bullish momentum resume, but I’d stay constructive as long as buyers defend the $0.93 support zone."

Previously it was reported that Raydium (RAY) is exhibiting short-term bullish momentum above the MA-20, but remains under pressure from medium- and long-term bearish trends with $1.0305 acting as a key dynamic resistance. Despite strong intraday gains, technical indicators including a bearish MACD, solid trend strength on ADX, and an RSI below 40 suggest ongoing seller dominance and downside risk unless resistance is decisively overcome.

Source of Data: RAY Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.