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Raydium

RAYDIUM PotentialHey again third post, enjoying positing trading ideas and opportunities, would love to hear insight from anyone reading cause I want to improve myself in this field RAY just confirmed AcceleRaytor, a launchpad for upcoming Solana projects, and we have seen the great performance in countless launchpad projects (PAID, POLS, DUCK to name the few). I believe smart money will start to move over to different blockchains such as Solana, Polkadot, Cardano, due to network congestion on ETH but this is not to say the KING will be dethroned just because of congestion and gas fees, its always great to have alternatives anyways. Its always good to try be one step ahead of the rest if possible to get in on these opportunities, and thats why I believe RAY can be a smart play in the future, It is practically the UNI of SOL. Fees on SOL blockchain are crazy cheap and TPS is ridiculous, but like with every other blockchain, they will always end up being congested in the long run as more people jump in. What Im hoping for RAY to do to really confirm my entry, is a retest of the trendline which has been tapped twice previously. But the more I think of RAYs launchpad, more RAY will be locked up since you need to stake for 7 days from the opening of the pool. This means a decrease in available RAYs for sale on the market, which means price goes up! Supply and demand imbalance. Thanks for reading!
FTX:RAYUSDLong
by TrippyA
$RAY inverted head and shoulders$RAY inverted head and shoulders Disclaimer I'm not a registered investment, legal or tax advisor or a broker/dealer. All investment/ financial opinions expressed by me are from the personal research and experience. Intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur. Do your Own Research My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find there and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
FTX:RAYUSDLong
by jacobhiu
Raydium: An Undervalued SBF Coin with High Growth Potential In this post, I'll be going over one of the more undervalued coins, Raydium. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis - Applying technical analysis in this chart is rather difficult as there isn't enough price action. - However, the setup looks almost identical to other coins like sushi and uniswap that have grown over 10x since their initial breakout - This coin is also one of SBF's coins. Other SBF coins include Solana (SOL), Sushi Swap (SUSHI), Ren (REN), and Serun (SRM). - Besides Serum, all other coins' market caps are in the billions range. - Raydium's market cap is at a mere $107m. - We have broken out of the descending trend line resistance, and with the entire market being extremely bullish, a move towards the 1.618 fib resistance at $20 seems reasonable.
FTX:RAYUSDLong
by Michael_Wang_Official
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