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Raydium

$RAY/USDT 4h (#BinanceFutures) Descending triangle breakoutRaydium has been retracing down big time and finally looks ready for reversal, at least short-term. Current Price= 0.922 Buy Entry = 0.919 - 0.849 Take Profit= 1.072 | 1.239 | 1.390 Stop Loss= 0.733 Risk/Reward= 1:1.25 | 1:2.35| 1:3.35 Expected Profit= +21.26% | +40.14% | +57.22% Possible Loss= -17.08% Fib. Retracement= 0.236 | 0.382 | 0.5 Margin Leverage= 1x Estimated Gain-time= 2 weeks Tags: #RAY #RAYUSDT #Yield #Farming #AMM #DEx #DeFi #BSC #Solana Website: raydium.io Contracts: #ERC20 0x5245c0249e5eeb2a0838266800471fd32adb1089 #BEP20 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8 #SPL 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
RLong
by TradingOn
2
RAY (Raydium) Token Analysis 25/03/2022Fundamental Analysis: Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for: Staking to earn protocol fees Staking to receive IDO allocations Governance votes on protocol decisions AlphaRay leads overall strategy, operations, product direction and business development for Raydium. With a background in algorithmic trading in commodities, Alpha transitioned to market making and liquidity providing for cryptocurrency in 2017 and hasn't looked back. After diving into DeFi in the summer of 2020, Alpha saw a market need for an order book AMM to aggregate liquidity, and with the release of Serum, pulled together a team of experienced trading developers to tackle the problem head on. XRay is Raydium's Chief of Technology and Dev Team leader. X has 8 years of experience as a trading and low latency systems architect for both traditional and crypto markets. X designs all of Raydium’s systems and infrastructure as needed. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction. Gamma spent a large part of his career at a leading data analytics and market research firm, working on both client engagements and corporate marketing. Prior to Raydium, Gamma's focus within cryptocurrency has been technical analysis and discretionary trading. Raydium launched its main net on February 21st, 2021 with 555,000,000 tokens created at genesis. 34% of all tokens will be released as liquidity mining incentives over a 3-year period. 30% of tokens are earmarked for partnerships and the expansion of the Raydium ecosystem. This includes giving grants to projects building projects around Raydium or helping our communities in general. These tokens are generally locked for 1 year and unlock linearly for the next 2 years. The current CoinMarketCap ranking is #179, with a live market cap of $288,449,758 USD. It has a circulating supply of 92,510,164 RAY coins and a max. supply of 555,000,000 RAY coins. we can simply see a huge volume is coming to the Altcoin Market cap and at the same time a huge collapse on the Bitcoin Dominance which is a very powerful sign of Bullish trend on the DeFi and Altcoin Environment and can interpreted as the start of an Alt Season... Technical Analysis: We used Fibonacci Retracement Tool from 0 to ATH and defined the Pivot Levels. The Price has Fallen below 85% of its All Time High and it has nearly Touched 90%, as it is bellow 78.6% of Fibonacci Retracement level, i.e. it is undervalued and seems very discounted for us to Invest in it. We can clearly see Bullish Divergence is Appearing with MACD which is a very good sign of Bearish Trend reversal and start of its New Cycle where it can cross its ATH soon. There are total of 3 Targets defined with Fibonacci Trend Based Extension Tool to define the Upcoming Cycle and the Targets to Unload Partially if required any. 3 TP gets its Confirmation as the Price Touches the 2 TP followed by some correction and Reaccumulation for the 3 TP. 90% (1.75$) and 95% (0.85$) of the Fibonacci Retracement Levels can be considered as the Support Areas.
Long
by BitonGroup
2
ATLASUSD low risk high reward?ATLASUSD broke the spine of a Dragon Pattern, jumped the creek or however you wanna call it. What really matters is that ATLASUSD broke the supply line which held strong since Oct. 4. It also made a higher low at the .786 fib. retrace, closed the last 12h with a bullish engulfing candle and showin some potential hidden bullish divergence, which implies continuation to the upside. And potential upside there is! If this Asset breaks above the resistance at $.136 - .146 it most likely will run up straight to the ATH at $.28 (which is 190% upside)! After the ATH only Fibonacci knows where it could go. For anyone lookin for a good strategic entry for this Play to Earn Game Token, this could be the time to pull the trigger. (No Financial advice!) *Theres is also a RAY/ATLAS Farm on Raydium which yields 109% APR rn, just FYI
FTX:ATLASUSDLong
by luyestefan
Quintuple Bottom on Raydium?FTX:RAYUSD looking pretty crazy, i cant remember if i have ever seen a quintuple Bottom on a Chart before. This could potentially confirm a bottom to traders and rn would be the lowest risk entry because its pretty easy to manage risk at this level. If RAY closes a daily candle or even a 4h below the $8.986 level, it will probably fall much lower. But since its a rock solid project and the biggest AMM on Solana i highly doubt it, at least it would be kinda devastating for the Solana ecosystem and signal weakness to investors. Oscillators on all higher time frames looking primed for tremendous upside potential.
FTX:RAYUSDLong
by luyestefan
1
Can raydium pump 300%Hello crypto. With bitcoin and Ethereum finding macro support at previous all time highs price levels. Alt season may just be upon us. Now if you have been following me. i bought bitcoin @ 47500 and Ethereum @ 2900.It is time to cycle the profits into alts. My coin of the week is raydium. Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). If you missed out on Solana 600% pump in 101 days then raydium should be on your watchlist. If you like my analysis, please follow me on twitter.
Long
by trader734567