Markets· ★★· neutral·

Raydium (RAY) Jumps 8.04% to $2.22 on Volume 48% Below Average

  • —RAY gained 8.04% to $2.22, intraday high at $2.23
  • —Volume of $55.72 million is 48.39% below the 30-day average
  • —RSI at 72.2 and stochastic at 80.9 point to overbought conditions
  • —Up 92.52% over 30 days and 220.66% over 90 days, but down 25.30% over 52 weeks
Why it matters: The rally lacks volume confirmation and is overbought, raising the risk of a pullback to support levels.
Source: DiarioBitcoin