Markets· ★★· bearish·

Raydium (RAY) drops 10.19% to $1.59, tests $1.56 support

  • —RAY trades at $1.59, down 10.19% on the day
  • —Price is below the 5-, 7-, 10-, 15-, 20-, 30- and 50-day SMAs
  • —Daily volume of $51.69M is 11.93% below the 30-day reference
  • —RSI at 34.1 and stochastic at 3.6 point to a possible rebound
Why it matters: Holding $1.56 will determine whether RAY's correction deepens or the token begins to stabilize.
#RAY
Source: DiarioBitcoin
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