Will Raydium extend gains as bullish momentum persists?

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Raydium rises 9.05% today to $1.89

Highlights

Raydium fell more than 12% on October 15, 2026 amid a widespread altcoin sell-off and triggered stop-loss activity.
Liquidity moves within the Solana ecosystem and swift trading recovery followed the initial volatility in Raydium.
RAY/USD trades in a bullish pattern with forecasts setting a likely range of $1.7228 to $2.0738 over 2 to 3 days, with a 71% chance of further upside.

Liquidity reshuffling follows broad altcoin sell-off and sentiment swing

Raydium experienced a sharp decline of more than 12% on October 15, 2026 following a broad sell-off across major altcoins, according to Bitget. This decisive move likely triggered stop-loss orders and momentary negative sentiment, prompting liquidity reshuffling within the Solana ecosystem. As market participants responded to this volatility, conditions were set for a swift recovery in trading interest and volume in the aftermath of the initial drop.

Mixed indicator signals as price holds above key supports

On the technical front, RAY/USD is positioned above the MA-20 at $1.8433 and the MA-50 at $1.8504 on the hourly chart, and is strongly elevated over the MA-200 at $0.9166 on the daily timeframe. The Ichimoku Kijun level at $1.8183 serves as immediate support for the current setup. Technical indicators present a mixed momentum profile: MACD points to persistent buying interest while ADX remains neutral, suggesting an uncertain trend strength. RSI reads moderately bullish at 54.43, with Stochastic RSI and CCI showing neutral-to-overbought territory. Bull/Bear Power supports bullish activity intraday, and the Awesome Oscillator is also positive, though some divergence is observed between oscillators and momentum signals.

Range-bound outlook as breakout and reversal risks diverge

Short-term forecasts suggest RAY/USD is likely to remain within a range of $1.7228 to $2.0738 over the next 2–3 trading days. Upside continuation carries a 71% probability, while downside risk is estimated at 29%. The base case anticipates a range-bound move; a breakout above resistance could trigger further gains, while a drop below immediate support would likely reverse the short-term direction.

Viktoras Karapetjanc, expert at Traders Union, sees Raydium as showing resilient momentum following a sharp decline in line with broader altcoin weakness. He believes that despite the recent 12% drop, strong recovery demand and technical support from the Solana ecosystem point to renewed interest and constructive sentiment. With price holding above key moving averages and mixed-to-bullish momentum signals, the analyst expects upside continuation to be favored in the near term. "Given the rapid rebound in both price and trading activity after the October sell-off, I remain optimistic and see Raydium well-positioned for further gains as long as support above $1.8183 holds."

Earlier, analysts noted that Raydium was under persistent short-term selling pressure, with technical signals emphasizing downside risk. The latest rebound above key moving averages introduces a shift toward upward momentum, making the $1.8183 support and potential for a breakout above the current range important levels to monitor in the coming days.

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.