{"id":636568,"date":"2025-03-19T03:54:31","date_gmt":"2025-03-19T03:54:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=636568"},"modified":"2025-03-19T03:54:31","modified_gmt":"2025-03-19T03:54:31","slug":"raydium-price-prediction-ray-surges-13-but-investors-flock-to-this-solana-layer-2-presale-offering-a-151-staking-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/raydium-price-prediction-ray-surges-13-but-investors-flock-to-this-solana-layer-2-presale-offering-a-151-staking-apy","title":{"rendered":"Raydium Price Prediction: RAY Surges 13%, But Investors Flock To This Solana Layer-2 Presale Offering A 151% Staking APY"},"content":{"rendered":"

The Raydium price surged over 13% in the last 24 hours to trade at $1.90 as of 10:10 p.m. EST as traders rush to buy the altcoin.<\/span><\/p>\n

With the recent gain, the RAY price has extended its bullish weekly performance. As a result, the crypto is up more than 22% on the 7-day time frame.<\/span><\/p>\n

Raydium Price Breaks Out Above A Sideways Channel<\/span><\/h2>\n

\"RAY<\/p>\n

4-hour chart for RAY\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The Raydium price was able to break out above a short-term consolidation channel between $1.4591 and $1.7826, according to data from <\/span>GeckoTerminal<\/span><\/a>. Now that RAY has escaped this sideways channel, the <\/span>crypto<\/span><\/a> has the room to rise and potentially try to flip the resistance at $2.1277 into support. A breach of this barrier might result in RAY reaching $2.5374.<\/span><\/p>\n

However, a sudden drop due to a sell off or a change in market trends might mark the end of RAY’s bullish move. In this alternative scenario, the Raydium price will likely drop back within the sideways channel. If bears then take control, the <\/span>altcoin<\/span><\/a> could end up falling below the $1.4591 support and possibly reach as low as $1.0710.<\/span><\/p>\n

Bulls Still In Control Of The Raydium Price<\/span><\/h2>\n

From a technical perspective, indicators on RAY’s 4-hour chart suggest the crypto’s price might continue to rise in the next few hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) show bulls are currently in control.<\/span><\/p>\n

In the last couple of hours, RSI readings have risen from the low 40s to the mid 60s. This indicates growing buyer strength, while the current reading below 70 suggests there is still room for RAY to rise before it reaches overbought conditions. <\/span><\/p>\n

Meanwhile, the MACD line also crossed above the MACD Signal line in the last couple of hours to trigger a major bullish technical flag and indicate that the Raydium price has entered a positive trend. Now, with the gap between the two lines starting to grow, it seems RAY’s bullish momentum is picking up steam as well. <\/span><\/p>\n

As RAY looks to keep surging, investors continue to flock to the presale for Solana layer-2 meme coin <\/span>Solaxy (SOLX)<\/span><\/a> to grow their portfolios. This is after several experts have stepped forward to share their bullish predictions for the crypto. Among them is 99Bitcoins, a prominent YouTube channel with over 725K subscribers, who says SOLX could soar 100X post-launch.<\/span><\/p>\n