RAY / USDT I see ray in the near future making a move up to around $5.
If you would like any TA requested DM me the ticker and il post it here :)
RAYUSDT trade ideas
Raydium: A better investment than SOLANA and UNISWAPRaydium: The DEX Giant
RAYDIUM is the biggest DEX (decentralized exchange) on the planet! It should normally have a higher price than Uniswap, which currently boasts a $6.5 billion market cap.
Raydium is deeply undervalued, currently ranked #149 on CoinMarketCap.
Fair Valuation for Raydium
If Raydium had the same valuation as Uniswap (which is reasonable considering Raydium's daily volume is 200 million higher), its fair price would be $45.48 USD! This number could even be higher because Raydium is the number 1 DEX on CoinMarketCap. (Formula: current Market Cap (Uniswap) / Market Cap (Raydium) * 1.87)
Raydium's Growth Potential
This year, Raydium has grown by 1500%, compared to Solana's 700% increase. Additionally, there are only 262 million RAYDIUM in circulation, which paves the way for significant price gains.
Fibonacci Targets for Raydium
Fibonacci 1.6 Target: $34 USD (17x current price) - I am confident we will reach this level.
Fibonacci 2.6 Target: $55 USD (27x current price) - I am confident we will reach this level, as this is common for cryptocurrencies.
Fibonacci 4.2 Target: $88 USD (44x current price) - Reaching this target is not unusual in the crypto space.
Fibonacci 1.6 Target: $286 USD (150x current price) - While ambitious, this kind of growth is also seen in the crypto market.
Solana's Potential
Currently, Solana is trading at $173 USD.
Fibonacci 1.6 Target: $490 USD (2x current price) - I am confident we will reach this level.
Fibonacci 2.6 Target: $540 USD (3x current price) - I am confident we will reach this level, as this is common for cryptocurrencies.
Fibonacci 4.2 Target: $1150 USD (5.5x current price) - Reaching this target is not unusual in the crypto space.
Fibonacci 1.7 Target: $4200 USD (24x current price) - While ambitious, this kind of growth is also seen in the crypto market.
Raydium and Solana Correlation
Raydium's price often moves in correlation with Solana's price action, but with a typically higher percentage increase.
Conclusion: Raydium - A Promising Investment
Considering all these factors, a fair price for Raydium seems to be around $50 USD, suggesting it's significantly undervalued. The potential returns for Raydium appear to be even greater than those for Solana.
Do Your Own Research (DYOR)
Remember, this is just an analysis. It's crucial to conduct your own research before making any investment decisions. However, investing in RAYDIUM could be a wise choice, as a $100 investment could potentially yield a return of at least $1700 USD!
RAY / USDT - Looking for a trend up to $5Raydium swap will grow as Solana grows. I see ray outperforming Solana in the mid to longer term (Weekly). Volume will only increase.
In the shorter term (Daily) I'm expecting a continued trend up towards $5 and above. I have left the chart as simple as i could. This is one of my high conviction plays.
This is not FA. Only a idea. I'm using smaller time frames to enter. Invalidation would be a brake of trend.
If you have liked this chart please boost and leave a follow to be among my first 100 followers here on trading view.
RAY/USDT It required break the supply to continue upward!💎 Paradisers, #RAY is indeed showing promising movements that merit close observation.
💎 Currently, RAY is encountering a supply area ranging from 1.88 to 1.97. In the previous attempt to break above this supply zone, RAY experienced a fakeout, and the current price action suggests rejection from this supply area.
💎 Consequently, there's a likelihood that the price will retest the demand zone around 1.66 to generate new momentum for another attempt to break above the supply area.
💎 However, if RAY manages to break above the supply area without a retest, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the flip side, if RAY fails to bounce off the demand area and even breaks below it, the price may continue downward, revisiting the Bullish Order Block (OB) area. Historical data indicates that RAY has consistently bounced when reaching this zone, and a similar scenario might unfold if RAY revisits the OB+.
💎 It's crucial to monitor RAY's price action closely, particularly its ability to hold above key support and resistance levels. A breakdown below the demand zone, confirmed by a daily candle close below it, would suggest bearish momentum, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
📈Navigating Market Restlessness: A Deep Dive into Ray Token 💵🔍Since the previous analysis, the market has exhibited a sideways movement, indicating a period of consolidation. Amidst this, the spotlight falls on Ray Token (RAY), a project garnering attention for its innovative approach within the decentralized exchange (DEX) space, operating on the Solana blockchain.
🔄In the 4-hour timeframe, we find ourselves within a range-bound scenario, with the box's ceiling at 1.7863 and the floor at 1.3569. While navigating within this range, short-term and scalp positions are viable options. However, it's essential to remain cautious, particularly on Sundays, as market volatility tends to be subdued due to reduced participation from major traders. Consequently, risk management becomes paramount to mitigate potential losses during erratic market movements.
📉The primary trigger for short positions lies at 1.3569, with the potential activation of a double bottom pattern upon breaching this short-term support. However, given the subdued market conditions, exercising patience until confirmation of a sustained break below this level is advisable. Conversely, long positions should be approached cautiously, with the primary trigger set at 1.7863, considering the significant resistance at 1.8818. Exploring alternative coins exhibiting relative strength against Bitcoin while lacking extensive overhead resistance may present more favorable long opportunities.
📈For RAY token specifically, a critical level to monitor is 2.4575, beyond which a potential bullish momentum could ensue, particularly in higher timeframes such as daily or weekly. Hence, positioning for long trades post-breakout beyond this level could yield favorable results.
📊Volume analysis indicates a diminishing volume within the box, signaling an imminent sharp movement. Therefore, staying vigilant and capitalizing on sharp price movements is advisable to maximize trading opportunities.
💎Regarding RSI triggers, oversold conditions below 42.68 could signal potential short opportunities, while overbought conditions provide favorable entry points for long positions. However, it's crucial to exercise discretion and wait for confirmation from price action, particularly in scenarios where RSI enters oversold territory, indicating a possible trend reversal.
📝In conclusion, despite the market's current state of restlessness, opportunities abound for astute traders. By employing a judicious approach, leveraging critical triggers, and remaining adaptable to evolving market conditions, traders can navigate the intricacies of the market landscape effectively, maximizing profit potential while minimizing risks.
$RAY #Raydium Trading IdeaRAY/USD (Raydium) formed an ascending channel on the 1D chart. Expecting a movement to the upside again after touching the bottom of this channel or breaking through this downtrend.
Be Aware! If we break this channel to the downside, there is a probability we could see an even lower price on it.
RAYUSDT 1D#RAY has bounced from the EMA200 on the daily chart. We will buy it here and in its support zone in case of a dip. Targets are:
$1.6958
$2.0095
$2.2630
$2.5164
$2.8774
Alikze »» RAY | Failure of the supply areaIn the weekly time, after a complex correction in the limit of 0.13, after the bottoming, it left the density and broke the first supply zone with a kinetic wave, and completed the supply zone with a three-wave pullback correction, and now it can Continue another kinetic wave to the specified areas.
⚠️If the green box area is lost, the transaction can be reversed. Therefore, be sure to pay attention to this point.
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RAY/USDT In the crucial support, need bouncing for back upward!💎 Paradisers, #RAY has recently experienced notable market dynamics. Demonstrating a bounce from the support area, RAY has consistently shown resilience at this level, indicating strong support.
💎 There is potential for the price to continue bouncing as observed in historical patterns and retest the strong resistance area.
💎 However, if #RAY breaks below the support area, this could signal a bearish development. In such a scenario, the price may continue its downward trajectory toward the demand area, ranging between $1.6 to $1.3.
💎 It's crucial for price action to confirm a bounce at the demand area and reclaim the price above the support level. Failure to do so could result in further downward movement for #RAY.
RAY Bullish Breakout*Break out of Ascending Triangle
*20 MA justed crossed 50 MA
*Just broke out of strong resistance and has retested new support
*Supertrend Bullish
*Bullish cross on RSI
*Bullish cross on MACD
RAY looking very bullishRAY .... update if you had a stop loss ( not recommended ) you would have lost -8%
if you are also doing the "No Lose / Only Win" method ... then you would want to add to the trade
if you did get stopped out ... here is another setup
the group will be updated on other charts soon
enter at current price
Market Cap 587M
DeFi / DEX
Stop Loss 1.8384
Targets 2.9990 / 3.5854
Raydium ( RAY ) is one of the main DEXs on Solana
( the other is Jupiter JUP )
Not Financial Advice
RAY/USDT assessing key resistance ? 👀 🚀RAY Today Analysis💎Paradisers, your focused attention is warranted as #RAYUSDT exhibits notable action around the crucial resistance level of $1.5001. A breakthrough and sustained momentum above this mark could herald a significant bullish journey towards tackling the next tier of resistance.
💎Navigating #RAY's Momentum: As #RAY vies to uphold its drive from its current support, strategic acumen becomes imperative. We're poised to recalibrate our approach in harmony with the dominant market sentiment. A bullish resurgence is anticipated from the support at $1.2373, emphasizing the necessity for agility and responsiveness in our trading maneuvers.
💎Market Dynamics and Strategy Adjustments: The unpredictability of the market calls for vigilance, especially if #RAY dips below the pivotal support of $1.2373. Such a move would suggest the bears are in control, steering us towards a bearish phase. Such indicators are critical for timely strategic adjustments, signaling a pivotal moment for market reevaluation.
💎Strategic Vigilance and Support: Amidst market volatility, a diligent watch on essential signals and readiness to adapt strategies is essential. Your prowess in modifying your approach in response to shifting market sentiments is invaluable for adeptly navigating the crypto market's uncertainties. Rest assured, the Paradise Team remains at your side, providing guidance and insights to foster informed decision-making in this dynamic trading landscape.
RAY short hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
RAYUSDT (Raydium) Daily tf Range Updated till 15-03-24RAYUSDT (Raydium) Daily timeframe range. if we zoomout and look closely this thing got lots of room for to surf. but the question is in what duration. for now 2.1250 yet to reach but staying above 1.4872 will make sure of it.
$RAY-The Good Ol' Defi Tokens Vol 3The good ol' Unkle Ray-Ray is not left behind especially with the big noise happening on Solana blockchain
Newly Defi Launchpad tokens like LSE:JUP might dilute investors attention on Raydium but Unkle Ray-Ray is not giving up without a fight.. Raydium will definitely takes its place because this DEX still churn out daily reasonable TVL
It is still among the top DEX on Solana blockchain and will continue to be.
🚨#RAY/USDT Long#RAY
On the 4-hour frame, we have a bearish channel that the price is trading within, and we are about to break it
We have strong upward momentum that the price is expected to continue rising
The market during this period is expected to push many alternative currencies upward
Entry price is 1.18
The first goal is 1.28
Second goal 1.43
The third goal is 1.65
100% Profit pending RaydiumProfits from this currency respectively
35%
60%
Final Profit 100%
current price : 1$
RAYWaiting for retest and daily - 4hr RSI to reset. Then we should go for 150% gains.
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
What is Raydium?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions
#RAYUSDT (Watchlist) 2-2024#RAYUSDT
Category: Utility token for Raydium decentralized exchange (DEX)
What it does: Powers transactions, staking, liquidity provision, and governance on Raydium DEX.
Current Price: ~$1.09 USD (as of February 9, 2024)
Market Cap: ~$1.01 billion
Key Features:
Fast & scalable transactions on Solana blockchain
Access to DeFi opportunities on Raydium platform
Potential for value growth as Raydium ecosystem expands
Add to your watchlist
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
RAYUSDT.1DBased on the provided market data, the RAY/USDT pair is currently trading at 1.229 USDT. The RSI for 4 hours, 1 day, and 7 days are 61.23, 66.15, and 64.60 respectively, indicating a somewhat overbought condition which could suggest a potential price correction.
The MACD for 4 hours, 1 day, and 7 days are 0.076, 0.0040, and 0.22 respectively, indicating bullish momentum in the short term. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are at 1.40, 1.40, and 1.70 respectively, which shows that the price is not currently volatile.
In terms of support and resistance levels, on the 4-hour chart, the support levels are at 1.13, 0.97, and 0.85, while the resistance levels are at 1.45, 1.50, and 1.60. On the daily chart, the support levels are at 1.041, 0.88, and 0.76, and the resistance levels are at 1.42, 1.53, and 1.65. Lastly, on the 7-day chart, the support levels are at 0.85, 0.41, and 0.14, while the resistance levels are at 1.42, 2.031, and 2.27.
In conclusion, the pair is currently in a bullish momentum but is also somewhat overbought. There could be a potential price correction in the short term. However, if the price manages to break the resistance level at 1.45 on the 4-hour chart, we could see further upward movement. As always, it's important to combine this technical analysis with other market indicators and news before making any trading decisions.
RAY / RAYUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
RAYUSDTRAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 2
What you guys think of this idea
