Raydium Dropped -9.82% in Last Month and is Predicted to Reach $ 6.26 By Jan 02, 2025
Raydium is predicted to increase 30.10% in the next 5 days and hit a price target of $6.26 per RAY. Check out today's Raydium price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Raydium is down -6.09% today against the US Dollar
- RAY/BTC decreased by -4.45% today
- RAY/ETH decreased by -5.66% today
- Raydium is currently trading 22.37% below our prediction on Jan 02, 2025
- Raydium dropped -9.82% in the last month and is up 237.84% since 1 year ago
Raydium price | $ 4.86 |
Raydium prediction | $ 6.26 (30.10%) |
Sentiment | Neutral |
Fear & Greed index | 72 (Greed) |
Key support levels | $ 4.71, $ 4.49, $ 4.24 |
Key resistance levels | $ 5.18, $ 5.43, $ 5.66 |
RAY price is expected to rise by 30.10% in the next 5 days according to our Raydium price prediction
Raydium price today is trading at $ 4.86 after losing -6.09% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.93% in the same time period. RAY performed poorly against BTC today and recorded a -4.45% loss against the world’s largest cryptocurrency.
According to our Raydium price prediction, RAY is expected to reach a price of $ 6.26 by Jan 02, 2025. This would represent a 30.10% price increase for RAY in the next 5 days.
RAY Price Prediction Chart
What has been going on with Raydium in the last 30 days
Raydium has been displaying a negative trend recently, as the coin lost -9.82% in the last 30-days. The medium-term trend for Raydium has been bullish, with RAY increasing by 162.73% in the last 3 months. The long-term picture for Raydium has been positive, as RAY is currently displaying a 237.84% 1-year price change. On this day last year, RAY was trading at $ 1.44.
Raydium reached its all-time high price on Sep 12, 2021, when the price of RAY peaked at $ 16.91. The current RAY cycle high is $ 6.49, while the cycle low is at $ 0.134291. RAY has been displaying low volatility recently – the 1-month volatility of the coin is at 6.93. Raydium recorded 14 green days in the last 30 days.
Raydium technical analysis for today - Dec 28, 2024
The sentiment in the Raydium markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 4.71, $ 4.49 and $ 4.24, while $ 5.18, $ 5.43 and $ 5.66 are the key resistance levels.
Neutral sentiment for Raydium
15 indicators are currently signaling a bullish prediction for Raydium, while 11 indicators are showing a bearish forecast. With 58% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Raydium.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 72 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Raydium moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Raydium is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 5.11 (SELL) | $ 4.79 (BUY) | - | - |
MA5 | $ 5.25 (SELL) | $ 4.87 (SELL) | - | - |
MA10 | $ 4.80 (BUY) | $ 4.98 (SELL) | - | - |
MA21 | $ 5.02 (SELL) | $ 5.06 (SELL) | -$ 2.57 (BUY) | $ 3.50 (BUY) |
MA50 | $ 5.13 (SELL) | $ 4.72 (BUY) | -$ 4.40 (BUY) | $ 2.43 (BUY) |
MA100 | $ 3.71 (BUY) | $ 3.94 (BUY) | -$ 2.38 (BUY) | $ 1.63 (BUY) |
MA200 | $ 2.71 (BUY) | $ 3.07 (BUY) | - | - |
Period | Value | Action |
RSI (14) | 51.09 | NEUTRAL |
Stoch RSI (14) | 33.09 | NEUTRAL |
Stochastic Fast (14) | 61.99 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 13.63 | NEUTRAL |
Awesome Oscillator (5, 34) | -0.18 | NEUTRAL |
Momentum (10) | -0.07 | NEUTRAL |
MACD (12, 26) | 0.01 | NEUTRAL |
Williams Percent Range (14) | -38.01 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 49.41 | NEUTRAL |
VWMA (10) | 4.70 | BUY |
Hull Moving Average (9) | 5.23 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 4.80 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Raydium is at 51.09, suggesting that RAY is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Raydium over the last 50 days. Currently, Raydium is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the RAY closing price for the last 200 days. RAY is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Raydium prediction
After considering the above factors, we can conclude that the current forecast for Raydium price prediction is Neutral. RAY would have to increase by 30.10% to hit our $ 6.26 target within the next five days. Moving forward, it will be important to monitor the RAY market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Raydium price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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