Mira Kyivska

Raydium declines as selling pressure persists despite short-term oversold signals

Raydium declines as selling pressure persists despite short-term oversold signals
Raydium slides 7.27% to $2.19 today

Raydium (RAY) is trading at $2.195, marking a 7.27% decline for the day and holding below its principal short- and medium-term moving averages, while staying above its long-term average.

RAY price prediction
24H 4.47%
$2.2814
48H 9.97%
$2.4016
7D 11.4%
$2.4327
1M 36.39%
$2.9784
3M -42.54%
$1.2548
6M -66.03%
$0.7419
12M -21.65%
$1.7109
Current price: $2.1838 -0.2665 10.88%
Real-time Data 18:58
Daily range 2.2258 Arrow from to Icon 2.5199
Weekly range 2.1054 Arrow from to Icon 2.5729
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Highlights

  • RAY/USD is under sustained short- and medium-term selling pressure as it trades below key moving averages.
  • Momentum and oscillators provide strong sell signals and indicate the market is oversold amid high volatility.
  • Expected range for the next 2 to 3 days is $2.0905 to $2.347, with a higher probability of further declines barring a breakout above $2.36.

Bearish momentum holds as oversold signals and resistance cluster

The price is trading below the MA-20 and MA-50 but remains above the MA-200. The Ichimoku Kijun at $2.36 acts as immediate resistance. MACD and RSI both indicate 'Sell' signals, while ADX is neutral, not confirming a strong trend. Multiple oscillators including RSI, Stoch RSI, and CCI show an oversold environment, and Bull/Bear Power signals ongoing seller dominance. The Awesome Oscillator supports the current bearish momentum.

Raydium asset chart
Raydium price dynamics. Source: TradingView.

Range-bound action likely as volatility persists and barriers converge

Looking ahead to the next 2–3 trading days, RAY is expected to move within a range of $2.0905 to $2.347, aligning with recent high volatility. The baseline scenario assumes sideways action inside this corridor. A bullish move would require a breakout above the $2.36 resistance, while a drop below $2.0905 would indicate a bearish continuation.

Anton Kharitonov, expert at Traders Union, sees Raydium stuck in a technically weak zone after its recent 7.27% drop. He notes seller momentum continues, and indicators signal further pressure unless resistance at $2.36 is reclaimed. For now, price is caught between $2.0905 and $2.347, with no actionable news to shift the tone. "I remain cautious — no bullish signal until RAY breaks above $2.36."

Previously it was reported that Raydium exhibited strong bullish momentum supported by robust protocol activity and operational improvements. Recent price action now signals a notable shift toward bearish momentum, making the $2.36 resistance and $2.0905 support key levels for traders to monitor in the near term.

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.