Raydium (RAY) Rises 0.87% Friday: What's Next for This Very Bullish Rated Crypto?

Friday, March 18, 2022 10:48 AM | InvestorsObserver Analysts

Raydium (RAY) gets a very bullish rating from InvestorsObserver Friday. The token is up 0.87% to $2.55 while the broader crypto market is down 0.47%.

Raydium has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Raydium!

Very Bullish

Over the last five days, Raydium has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Raydium over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Raydium is currently trading near its five-day high of $2.55318774784156. The token is 0.12% off its five-day high and is 12.12% higher than its five-day low of $2.27.

Raydium price is trading near resistance. With support set around $2.44 and resistance at $2.58, could face selling pressures soon.

Raydium has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Raydium

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