Raydium falls as intraday sell signals reinforce bearish momentum

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Raydium slides 12.4% to $2.11 today

Highlights

RAY/USD trades below key short- and medium-term moving averages, indicating sustained downward momentum over the past session.
Momentum signals and trend indicators show a strong sell bias with no evidence of oversold exhaustion intraday.
Expected trading range for the next 2 to 3 days is $2.013 to $2.3755, with higher probability for a downward break unless price moves above $2.2469.

Downward pressure as medium-term signals confirm sell bias

On the technical front, RAY/USD is trading below both the MA-20 and MA-50 on the H1 timeframe, signifying ongoing downward momentum in the short and medium term. However, the price remains above the MA-200, which signals that the long-term bullish structure is still intact. Immediate resistance is established at the Ichimoku Kijun level of $2.2469. Momentum indicators reinforce this pressured stance: both MACD and ADX highlight a strong sell bias, while RSI and CCI sit firmly in the sell range without indicating oversold conditions. The Stoch RSI is neutral, and Bull/Bear Power highlights continued seller dominance intraday. The Awesome Oscillator is neutral, providing no further confirmation of trend strength.

Range-bound outlook as volatility underscores downside risk

Looking ahead over the next 2–3 trading days, RAY/USD is expected to fluctuate within the $2.013 to $2.3755 range, a volatility band relative to current levels. The probability of a sustained upward reversal remains low, while the likelihood of further downside is high. A move above $2.2469 would be needed to catalyze a short-term bullish scenario, whereas a breakdown below $2.013 could open the way for further selling pressure. The baseline scenario anticipates continued sideways trading as volatility persists.

Anton Kharitonov, expert at Traders Union, sees Raydium under clear short-term pressure, with technical signals pointing decisively to a strong sell bias. He notes that, despite long-term support above the MA-200, downside risks remain dominant given persistent negative momentum and a lack of fresh catalysts. The baseline outlook is sideways or further weakness unless $2.2469 is reclaimed. "Until the price moves above $2.2469, I remain defensive and see no reason to chase any upside in RAY."

Earlier, analysts noted that Raydium was exhibiting bullish momentum even as it faced sharp technical pullbacks within a volatile trading range. The latest analysis signals a shift toward greater downside risk, with short- and medium-term momentum turning negative, so traders should monitor the $2.013 support level as a potential trigger for further weakness.

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.