Raydium price prediction: Buyers target advance toward $1.82 resistance

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Raydium jumps 8.28% today to $1.761

Highlights

RAY/USD currently trades above short, medium, and long-term moving averages, confirming strong upward momentum across all timeframes.
Momentum indicators show a strong buy bias, but neutral readings from select oscillators and oversold Stoch RSI introduce some near-term uncertainty.
The projected 2 to 3 day price range is $1.6312 to $1.8292, with a high probability of further upside and consolidation expected between $1.6811 support and $1.8292 resistance.

Bullish momentum holds as key technical supports strengthen

On the hourly chart, RAY/USD trades above both the MA-20 at $1.7392 and MA-50 at $1.6295, while remaining comfortably above the MA-200 at $1.0291 on the daily timeframe. The Ichimoku Kijun at $1.6811 marks the immediate support. Momentum signals remain strong, with MACD and ADX aligned on buy. Among oscillators, RSI at 61.4932 and CCI at 63.9465 are neutral, while Stochastic RSI, at 11.3121, is in the oversold range, indicating possible short-term rebound potential. Bull/Bear Power is positive (0.0202), suggesting intraday buyer dominance, while the Awesome Oscillator currently reads neutral.

Range-bound consolidation expected as breakout risk stays low

Over the next 2 to 3 days, the anticipated price range is $1.6312 to $1.8292. The baseline scenario expects consolidation between established support and resistance. If price breaks above resistance near $1.8292, further gains are likely. Conversely, a drop below immediate support at $1.6811 could see RAY/USD test the lower end of the projected range, though the probability of this downside scenario remains very low.

Anton Kharitonov, expert at Traders Union, notes the strength in RAY’s technical setup despite the absence of any news catalyst. He sees buyers in control for now, but warns that momentum could fade without fundamental drivers. The base case is range trading between $1.6312 and $1.8292 in the short term. "No significant news backs this move, so I remain cautious until clear breakout levels are confirmed."

Earlier, analysts noted that Raydium maintained a resilient long-term structure while short- and medium-term selling pressure persisted. The latest technical setup now confirms a shift toward sustained strength, with traders advised to monitor the $1.6811 support and $1.8292 resistance levels for potential breakout or pullback opportunities 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.