Raydium (RAY) drops 7.07% to $2.13, tests $2.07 support
- —RAY fell 7.07% to $2.13 within a daily range of $2.07–2.46
- —Volume of $72.02 million was 14.31% below the 30-day average
- —Price trades below VWAP of $2.23 and SMA-5/SMA-10, but above SMA-20 and SMA-30
- —RSI at 55.7 and a negative MACD histogram point to mixed momentum
Why it matters: RAY is still up 42.83% over 30 days and 210.10% over 90 days, but losing short-term averages could accelerate selling if $2.07 breaks.
Source: DiarioBitcoin