Raydium jumps 13.01% as technical signals highlight mixed short-term momentum

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Raydium gains 13.01% today at $0.643

Highlights

RAY shows short- to medium-term bullish momentum with price trading above key short-term technical supports, but remains under long-term bearish pressure.
Momentum indicators present mixed signals, with some warning of overbought conditions and weak trend strength despite a strong daily performance.
Price is expected to move sideways within the $0.615–$0.705 range next week, with increased probability of decline if it closes below $0.615.

Mixed momentum and high volatility amid long-term bearish bias

RAY trades above its MA-20 and MA-50, signaling positive momentum in the short and medium term, but is still far below the MA-200, which highlights ongoing long-term bearishness. The Ichimoku Kijun level at $0.6120 now acts as immediate support. Momentum indicators show mixed signals: D1 MACD issues a strong sell, ADX is neutral, RSI registers a solid 54.7 without being overbought, while Stoch RSI reads 100 and cautions of overbought conditions. Bull/Bear Power (BBP) suggests intraday buyer dominance, and CCI is neutral, all in the context of a high-volatility session with price hovering mid-range between $0.611 and $0.698.

Sideways trading likely as further upside faces resistance

For the short term, typical volatility suggests a price corridor of $0.615 to $0.705. The probability of further price gains is low (less than 20%), as weekly trend and momentum signals point to downside. The baseline expectation is sideways movement between $0.615 and $0.705. A close above $0.705 would be needed for a bullish scenario, while falling below $0.615 could lead to further losses toward previous support levels.

Viktoras Karapetjanc, expert at Traders Union, notes that Raydium (RAY) shows constructive short- and medium-term momentum, with price trading above the MA-20 and MA-50. However, the asset remains long-term bearish while sitting well below the MA-200, and mixed momentum signals temper the outlook. He highlights a strong volatility environment, with a likely sideways range between $0.615 and $0.705 unless key levels break. The analyst sees limited probability of further immediate gains, but believes bullish momentum could return if resistance is cleared. "I see optimism building if RAY closes above $0.705, but for now, it’s a wait-and-see scenario within this price corridor."

Earlier, analysts noted that Raydium was under persistent bearish momentum, urging close monitoring for a potential downside acceleration. The current recovery above key short- and medium-term averages introduces a cautious shift but, given ongoing long-term weakness, traders should closely monitor the $0.615 support as a decisive level for either renewed losses or further stabilization.

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.