Raydium extends decline while downward price move is confirmed by technical signals

Traders Union
All News
Crypto
Raydium drops 7.52% to $1.65 today

Highlights

Raydium daily trading volume remained 38% below its monthly average as of November 8, 2026, reducing market activity.
No new legal or regulatory developments specific to Raydium were reported during this period.
RAY/USD experienced a 7.52% intraday decline with persistent bearish momentum and is expected to remain in a $1.5686 to $1.74 range over the next 2 to 3 days.

Diminished trading activity intensifies volatility amid tepid sentiment

Raydium's daily trading volume remained approximately 38% below its monthly average as of November 8, 2026, highlighting diminished market participation and potentially limiting near-term liquidity. This suppressed activity may constrain price discovery and amplify volatility, reflecting tepid trading interest in the absence of material corporate events. No new legal or regulatory developments specific to Raydium were observed during this period, according to Diariobitcoin.

Bearish momentum established as moving averages resist recovery

On the h1 timeframe, RAY is trading below both the MA-20 at $1.77 and MA-50 at $1.77, while holding above the MA-200 at $1.04. The Ichimoku Kijun at $1.77 acts as immediate resistance. Momentum indicators, including MACD and ADX, show continued selling conditions. RSI and Stochastic RSI remain neutral, whereas CCI is in the oversold zone, suggesting some selling exhaustion. Bearish dominance is further confirmed by the negative Bull/Bear Power reading and the Awesome Oscillator signaling selling pressure.

Limited breakout potential as downside risk predominates in consolidation

In the near term, price action is expected to remain volatile within a range of $1.57 to $1.74. The likelihood of an upward breakout is very low, while the high probability scenario calls for further downward movement. The baseline assumption is for the price to consolidate sideways inside the stated volatility band. Should RAY break above the $1.77 resistance, it could signal a bullish reversal; a slip below $1.57 would reinforce downside momentum.

Anton Kharitonov, analyst at Traders Union, sees little appetite for Raydium among traders given diminished volume and the lack of fresh legal catalysts. He notes that technical signals remain bearish, and volatility is likely to persist inside the $1.57–$1.74 range. Kharitonov believes price is set for a sideways consolidation, with low odds of a bullish reversal. "As long as RAY fails to break above $1.77, I remain cautious and see no compelling long setup here."

Earlier, analysts noted that Raydium was exhibiting technically driven price strength amid increased volatility but lacked fundamental catalysts. The current data signals a shift toward bearish momentum with diminished market participation, making the $1.57 downside threshold the principal level for traders to monitor in the coming sessions.

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.