Raydium
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.
Next support 3.5 USD for Raydium? Raydium below $5.5! Support by $3.5 but trend is then already gone! Nevertheless RAY is a top-pick if you want to doller cost average into the Solana ecosystem!
RAY of sunshine ; yeh i know my last charts were earlyRAY of sunshine ; yeh i know my last charts were early
a ray of sunshine in a desolate landscape
prepare for launch into the stratosphere
SOL SRM RAY the royal trifecta
Raydium support level at $5.51st support for Raydium at $5.5 which is also in line with the 0.786 Fib. retracement!
Time For RAYAfter a long time accumulation, RAY is ready for the biggest upside move! Hold your seatbelts for a breakout from the current price range, buy and hold for the best profit!
Stay Tuned and hit the like button
$RAYUSDT - Might go to 18Hello everyone!
$RAYUSD is one to watch as it just retested the dynamic support and the lower edge of the triangle.
The best would be to wait for a breakout.
RAYSupport should be maintained at $ 9
After breaking the line and crossing that downtrend that has hit 4 times, we can hope for the rise of this currency.
.
Of course, if rsi breaks its downward trend line
We can imagine that a similar movement is seen in the chart
Be aware of the bitcoin trend.
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
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 $8.986 level, it will probably fall much lower. But since its a rock solid project and the biggest AMM on Solana i highly doubt it, at least it would be kinda devastating for the Solana ecosystem and signal weakness to investors.
Oscillators on all higher time frames looking primed for tremendous upside potential.
Ray's time is closing!Little falling wedge is broken, next bigger falling wedge around 11,4$
If we look at the big picture, you'll see a cup with handle formation. It's going to come with huge movements, i think.
Please support me with your likes and tips!
$RAY short term TA breakout pattern w/ Buyzone$RAY short term TA breakout pattern w/ Boyzone
Currently $RAY is in a downward triangle pattern, having tested topside once. On third topside tests expectations are to breakout.
Depending on BTC prize and trends. If going parabolic, Raydium could see upwards of 70% profit (Initially, as I never moonboy and yell "10X, 200X!")
Share your thoughts
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.
Raydium updateRay has held the top of the Wyckoff range, retesting and turning it into support.
I entered a small leveraged position last night on the S/R flip of the .382 but woke up to being stopped out.
RAY looks kind of similar to BTC in that it has pulled back and retested the top of its range. Will wait and see now if it holds and look for an entry.
RaydiumBeen watching Raydium for a while, I'm going to look for entry if it can hold the 0.382 on the daily. The symmetrical triangle looks to be playing out which I'm viewing as a bullish pennant, target is around $25.
Have I reached X-RAY vision?Raydium looking good on the 4H chart.
- Bullish structure
- Bounced off of strong support zone
- Bounced off of .382 FIB
- MACD curling up
- EMA's moving away from each other
Enter now for a nice 4R/R. if you want to increase your R/R, you could wait for another retest of the support zone although it could easily just continue its move given the current state of the market.
Stop loss just below the 50EMA.
How do you feel about the Solana project?
🍇RAY- defending key levelThe price broke key level (11.74) and is now testing it as support. If buyers manage to defend this level, we can expect more upward pressure soon. Otherwise, we can expect the price to visit one of the previous levels below.
Entry: buy now (current price)
Targets:
TP1: 12.76
TP2: 13.51
TP3: 14.55
TP4: 16.25
TP5: 17.78
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About RAY:
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
Source: coinmarketcap
RAYUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
For Educational Purpose ''Not a Fınancıal Advice''Raydium is ready for skyrocketed
Level: 12,117
Level: 12,933
Level: 16.155
Level: 17.250
Level: 19,336
GOOD LUCK.
Raydium $RAY potential downside target 7$$RAY has formed a head and shoulder pattern wich could led to more downside as potential target 7$ , wich will be an opportunity to stock up some more $RAY for end of the year .
RAYDIUM could go nuclear!!!Raydium showin couple nice things on the Daily chart. Also on higher timeframes but i only focus on the daily in this setup.
Potential Cup and Handle (yeah it's in the room with us rn), with a higher low doulbe/triple bottom at a .786 retrace, class C bullish divergence on the MACD Histogramm, RSI and Stochastic at very favorable levels and the day will most likely close with a bullish engulfing candle.
For a trade the stop loss is placed below the previous low even tho the 200sma and major support levels are right below it, but this setup only works with a local higher low.
lets see :)
