Raydium an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX) saw its native token 
RAY surge 15% today amidst general market volatility.
The asset while trading at the $6- $8 axis just a month ago lost almost 80% of total value plummeting from a high of $8 to almost $1.5 causing panic selling behaviour. But momentum is brewing up.
A move above the 61.8% Fibonacci retracement point could catalyse a bullish move forRAY with a move to the 1-month high resistant. Similarly, with the RSI at 60, RAY might experience a temporary cool-off a move that might lead to a consolidatory move to the 1-month low that is not too far from the current market price.
Raydium Price Live Data
The live Raydium price today is $1.86 USD with a 24-hour trading volume of $260,230,671 USD. Raydium is up 15.98% in the last 24 hours, with a live market cap of $541,218,025 USD. It has a circulating supply of 290,847,971 RAY coins and a max. supply of 555,000,000 RAY coins.
RAY surge 15% today amidst general market volatility. The asset while trading at the $6- $8 axis just a month ago lost almost 80% of total value plummeting from a high of $8 to almost $1.5 causing panic selling behaviour. But momentum is brewing up.
A move above the 61.8% Fibonacci retracement point could catalyse a bullish move for
RAY with a move to the 1-month high resistant. Similarly, with the RSI at 60, RAY might experience a temporary cool-off a move that might lead to a consolidatory move to the 1-month low that is not too far from the current market price. Raydium Price Live Data
The live Raydium price today is $1.86 USD with a 24-hour trading volume of $260,230,671 USD. Raydium is up 15.98% in the last 24 hours, with a live market cap of $541,218,025 USD. It has a circulating supply of 290,847,971 RAY coins and a max. supply of 555,000,000 RAY coins.
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