Markets· ★★· bearish·

RAY falls 5.9% to $1.40 after 72% two-week rally

  • RAY fell 5.9% in 24 hours to $1.40 after a 72.72% gain over 14 days
  • RSI at 65.4 — upward momentum persists but is close to overbought
  • Trading volume is 8.8% above the 30-day average
  • The price is 91.68% below its all-time high of $16.91
Why it matters: The correction after a parabolic rally could give way to a trend continuation if the $1.37-$1.44 zone holds.
Source: DiarioBitcoin