March 7, 2025 RAY – Raydium Daily Analysis RAY – Raydium Daily Analysis
Outlook
RAY current price is 2.05 USDT and the current market cap is 13.460.459 USDT. This chart period started 210 days ago (10 August 2024) with a total of 102 days closing above the opening price and 108 days closing below the opening price. The lowest price was 1.35 USDT on 06 September 2024, and the highest price was 8.70 USDT on 23 January 2025. The current price is 51.44% above the lowest price and 76.48% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 2.1322-Day Moving Average: 3.4150-Day Moving Average: 5.07100-Day Moving Average: 5.08250-Day Moving Average: 3.50500-Day Moving Average: 2.40
Moving Average Analysis
The current price is %4.15 lower than the 5-Day moving average and has been below it for 2 days.The current price is %39.94 lower than the 22-Day moving average and has been below it for 12 days.The current price is %59.68 lower than the 50-Day moving average and has been below it for 20 days.The current price is %59.69 lower than the 100-Day moving average and has been below it for 20 days.The current price is %41.61 lower than the 250-Day moving average and has been below it for 12 days.The current price is %14.58 lower than the 500-Day moving average and has been below it for 5 days.
Trends
The longest uptrend in the 210 day period is 8 days. It started at 2.01 USDT on 16 October 2024 and ended by increasing by 49.70% to 3.01 USDT on 24 October 2024.The longest downtrend is 6 days. It started at 5.73 USDT on 05 January 2025 and ended by decreasing -20.30% to 4.57 USDT on 11 January 2025.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 2.17 USDT on 03-03-2025 Support: 2.00 USDT on 04-03-2025 Support: 2.03 USDT on 06-03-2025 Support: 1.96 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 3.09 USDT on 02-03-2025 Resistance: 2.30 USDT on 06-03-2025The lowest support level is 1.96 USDT on 07-03-2025, and the highest resistance level is 3.09 USDT on 02-03-2025. The percentage difference between these levels is approximately 57.8%.
Volume
The previous trading day’s volume (06-03-2025) 5,367,944.50 USDT. Highest volume in the last 210 days is 45,010,645.80 USDT on 24-02-2025. Lowest volume in the last 210 days is 500,449.60 USDT on 31-08-2024. Difference between highest and lowest volume is 8894.04%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 10,893,392.18 USDT22-day Moving Average Volume: 11,287,857.23 USDT50-day Moving Average Volume: 9,520,559.10 USDT100-day Moving Average Volume: 7,186,026.52 USDT250-day Moving Average Volume: 6,432,037.91 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 5,367,944.50 USDT
Previous day’s volume is 50.72% lower than the 5-day moving average.Previous day’s volume is 52.44% lower than the 22-day moving average.Previous day’s volume is 43.62% lower than the 50-day moving average.Previous day’s volume is 25.30% lower than the 100-day moving average.Previous day’s volume is 16.54% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -3.49% lower than the 22-day moving average.22-day moving average is 18.56% higher than the 50-day moving average.50-day moving average is 32.49% higher than the 100-day moving average.100-day moving average is 11.72% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 07-09-2024 with a volume of 1,119,890.30 USDT and ended on 11-09-2024 with a volume of 2,264,316.50 USDT, lasting for 4 days and representing a 102.19% increase.The longest consecutive volume decrease started on 21-01-2025 with a volume of 16,809,053.80 USDT and ended on 26-01-2025 with a volume of 3,160,703.20 USDT, lasting for 5 days and representing a 81.20% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 1.44 USDT to 1.46 USDT, which represents a 1.32% change.During the longest volume decreasing period price decrease from 7.57 USDT to 7.15 USDT, which represents a -5.57% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.