RAY climbs 21% to $1.70 on above-average volume, RSI signals overbought
- —RAY rose 21% in 24 hours to $1.70, with a 90-day high of $1.82
- —Volume of $123 million was 77.75% above the 30-day average
- —RSI at 70.5 and stochastic at 87.5 indicate overbought conditions
- —30-day gain is 162%, 14-day gain is 105.91%
Why it matters: RAY's momentum looks speculative: without confirmed catalysts, there is a high risk of a correction toward the 5-day SMA at $1.48 or VWAP at $1.55.
Source: DiarioBitcoin