Raydium slides as downward momentum keeps buyers on sidelines

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Raydium drops 7.25% today to $0.614

Highlights

RAY/USD remains under sustained bearish pressure, trading well below key moving averages across all major timeframes.
Momentum indicators collectively support a bearish outlook, with little evidence of a near-term reversal as selling persists.
Price is expected to stay within the $0.5925 to $0.6355 range; a break below support would confirm continued downside.

Bearish momentum persists as key resistance and indicators align

On the technical front, RAY/USD remains below the MA-20 ($0.6258) and MA-50 ($0.6456) on the hourly chart, as well as the MA-200 ($0.8192) on the daily. The Ichimoku Kijun at $0.6330 establishes the nearest resistance. Momentum indicators are weak: MACD is on Strong Sell, ADX signals Sell, and RSI stands at 41.95—suggesting bearish bias without oversold conditions. Stoch RSI and CCI are Neutral, as is the Awesome Oscillator, while Bull/Bear Power (BBP) points to intraday buyer dominance and diverges from other bearish signals.

Downside risk remains elevated as volatility band narrows

Over the next 2–3 trading days, RAY/USD is expected to stay within a volatility band of $0.5925 to $0.6355. The likelihood of upside is very low, with downside risk remaining high; a bullish reversal scenario is less probable. A move above $0.6330 would open the door for further gains, while a break below $0.5925 would likely confirm the continuation of the current downtrend.

Viktoras Karapetjanc, expert at Traders Union, notes that Raydium (RAY) is struggling to regain upward momentum, with the price firmly below key moving averages. He observes weak sentiment and technicals, but acknowledges intraday buyer presence as seen in Bull/Bear Power. Karapetjanc sees limited upside potential in the immediate term, with volatility expected to remain between $0.5925 and $0.6355. In his view, a move above $0.6330 could spark optimism, but risks are presently skewed to the downside. "With patience and close monitoring of resistance, I remain constructive as long as the $0.5925 floor holds and buyers show signs of strength intraday."

Earlier, analysts noted that Raydium was experiencing persistent bearish momentum and limited breakout potential amid ongoing seller dominance. The current analysis strengthens that view as downside risk remains elevated, making the $0.5925 level a critical threshold for traders to monitor in the near term.

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.