Hello Traders,
Today, let’s analyze RAYDIUM (RAY) on the weekly timeframe.
RAY has been one of the more consistent projects in the market. The price is currently sitting at the support trendline and just below the 21 EMA resistance. At this point, it’s clear that for a bullish move, the price must hold the support trendline and rebound above the 21 EMA. On the other hand, a bearish move would require a breakdown below the support trendline.
The lower support at $0.90 is another level to watch if we see further downside on RAY.
That’s the update on RAY. Let’s see how it plays out. As always, do your own research and analysis before making any final decisions.
Regards,
Dexter
Today, let’s analyze RAYDIUM (RAY) on the weekly timeframe.
RAY has been one of the more consistent projects in the market. The price is currently sitting at the support trendline and just below the 21 EMA resistance. At this point, it’s clear that for a bullish move, the price must hold the support trendline and rebound above the 21 EMA. On the other hand, a bearish move would require a breakdown below the support trendline.
The lower support at $0.90 is another level to watch if we see further downside on RAY.
That’s the update on RAY. Let’s see how it plays out. As always, do your own research and analysis before making any final decisions.
Regards,
Dexter
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。