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Ray

RAY - RAYDIUM - What goes down, must go ... UP? :) v.3439 lfgRAY - RAYDIUM - What goes down, must go ... UP? :) v.3439 lfg This has been a sweet risky play since the bottom. Good returns. I don't think Raydium is going anywhere and will become a key swap platform until a potential regulation strangle attempt? Anyway. Speculative but I have some faith in the SRM-RAY-SOL Ben trifecta. Lead us into the promised land Sir Bankman-Fried. I've clearly drank the cool aid. I linked my old idea so you can see how this one rekt me so hard. but i still have faith for some reason. defi aint dead baby she'll rise from the ashes like a phoenix.
FTX:RAYUSDLong
by Crypto-Quantum-Fox
10
The Sad Reality- So this post is not a Cosmos analyse. - i just wanna teach peoples and help peoples. - So u want to know if your altcoin is a good invest or a shitcoin before the end of this bullrun ????, i will show you how to detect it. - Take any of your coin and draw a Line from May 8 ( Last BTC Dip) to Now and check this Line. You will see very fast if your own coin is in Bullish or Bearish Mode. Have many reasons for a coin to be in Depression ( Fails, Hacks, Delays, Slow Exit Scams, Evacuate coins on Peoples, etc.. ), that said, some teams know what they do, and they will Pump their coin at the good time ^^. - The Big question u have to ask to yourself is : " Why i wait for moon on my coin..... While am waiting for the Moon, some others coins are Mooning Already !" - So as first exemple i took COSMOS ATOM and as you can see, it's BULLISH. - i will add some populars Coins/Tokens in next comments to show you some results with a simple trendline ! this post is not an investment advice for any altcoins!, it's just the reality. Happy Tr4Ding !
KRAKEN:ATOMUSD
by thecryer
20
🆓Raydium (RAY) Oct-1 #RAY $RAYThe buying force is increasing and it could move towards 12$, 15$ and 20$ zones in this October. But if it loses 10$ zone, it will fall down to 8$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 10$ zone 🔴Buy : 10$ 🔴Sell : 12$ - 15$ - 20$ 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 10$ zone 🔵Sell : 10$ 🔵Buy : 8$ ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation
1
Raydium Forms Ascending Channel Near Major Resistance-RAY is up over 30% the last week -Price has formed an ascending channel -RAY is being held up by the 40 MA

 Raydium is a new token that was launched in early 2021. RAY just underwent a Binance listing in mid August which has caused a healthy price spike since. The use case for RAY is very appealing to many investors as it is natively hosted on the Solana blockchain. Raydium describes itself as an automated market maker & liquidity provider for the Serum decentralized exchange (DEX). This coin seems to have much potential as the interest in the SOL blockchain as well as decentralized exchanges have skyrocketed recently. 

 Ever since RAY was listed on Binance, the price has been in a strong uptrend. Over the past week, RAY attempted a breakout above its major resistance zone & hit nearly $17 in less than an hour. Quickly afterwards, bears pulled RAY all the way back under its major resistance zone found from $12.90-$13.77. At the time of writing, RAY is attempting to break the first level of this major resistance zone. If this is deemed successful, RAY will likely spike back above the $16 mark.

 Over the past week, price has formed an ascending channel formation (shown in blue). Each time price touches either trend, it has gotten rejected back into the channel. A full break & retest of one of the trends of the channel is needed for price to break free. Yesterday, Raydium touched its 40MA which has held as support for over two weeks. If bulls fail to break & hold the major resistance zone & RAY gets pulled below its ascending channel, price will likely enter a downtrend. We should expect to look for a support bounce between $10-$11. 

 While looking at the Stochastic RSI, we can see that strength has just gotten rejected within the overbought region & it seems to be holding the 50 value as support. As long as strength stays over the 50 value, RAY will continue in a bullish stance. If strength breaks below this level, RAY will likely enter a short term downtrend. The MACD has been heading down towards the 0 value for almost a week now & the histogram is about to tick bearish. As long as the MA’s hold above the 0 value, RAY will continue its bull trend. 

 RAY Intraday Analysis Spot rate: $12.73 Trend: Sideways Volatility: Medium Support: $12.12 Resistance: $12.92
by CoinGape
2