RAY surges: price +10%, trading volume +609% – a signal for a new bullish trend or just short-term volatility?
Raydium Fundamentals Continue to Support Investor Interest
Raydium is attracting attention with impressive metrics. The total value locked (TVL) stands at $1.86 billion, and annual revenue has reached $655.9 million. Capital efficiency is particularly noteworthy:
- Revenue-to-market-cap ratio: 19.2%
- TVL-to-market-cap ratio: 2.84x
Additionally, $67.2 million worth of tokens (11.9%) are currently staked, reflecting strong investor confidence. These robust fundamentals fuel optimism for a potential long-term price increase.
Volatility Comparison: What Does the Weekly Action Show?
On April 30, 2025, RAY was priced at $2.84 with weekly volatility at 0.0609. By June 19, the price had fallen to $2.27 — a 20% drop — but recovered nearly 10% in the last 24 hours and rose 1.05% over the week.
The narrowing of the Bollinger Bands suggests reduced volatility, which often precedes a significant move. This could set the stage for a new upward impulse.
Price Analysis: Breakout or Temporary Bounce?
On the 4-hour chart, RAY broke above the midline of the Bollinger Bands and the 20-day SMA around $2.15. This is a bullish signal pointing to upward momentum. The price broke resistance at $2.10 and tested $2.64 before stabilizing around $2.27.
The 10% surge was backed by a massive 609% increase in trading volume, reaching $401.19 million — a clear sign of renewed interest.
The key level to watch is $2.526. A breakout and daily close above that could open the path toward the $2.854 target.
The RSI is currently at 58.34 — close to the overbought zone but with room for more upside before reaching critical levels.
Conclusion:
While RAY hasn’t yet secured a sustained breakout above key resistance zones, technical indicators and strong volume suggest solid potential for a new bullish movement. Holding above $2.10 and breaking past $2.526 will be crucial signals of whether a sustained rally is ahead or just a short-term correction. Investors should watch closely in the coming days.
Frequently Asked Questions
Find answers to the most common questions below.
The sharp rise is likely due to renewed investor interest and a technical breakout above key resistance levels.
Technical indicators such as RSI, SMA, and Bollinger Bands suggest a bullish setup, but confirmation depends on breaking and holding above $2.526.
Key support: $2.10. Key resistance: $2.526. A daily close above resistance may lead to a move toward $2.854.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
