📈 Analysis and forecast for $RAY on Binance: what's next? 📉
As of 09:07 EEST, July 9, 2025, the price of $RAY on Binance is $2.409, showing an impressive growth of 12.1% over the last 24 hours. This jump reflects the growing interest in Raydium, an AMM platform on the Solana blockchain, known for its integration with Serum and high liquidity. The increase in trading volume highlights the excitement in the community.
Technically, $RAY is in a strong uptrend. On the 4-hour chart, the 50-day SMA crossed the 200-day from below, signaling bullish momentum. The RSI (14) at 72 is close to the overbought zone, which requires caution. Key resistance is at $2.50, a breakout of which could lead to $2.70. Support is at $2.30, below which is $2.20. Holding above $2.409 supports the current growth.
Forecast: in the coming days, RAY may test resistance at $2.50, with a chance to rise to $2.70 by mid-July 2025 if interest is maintained. By the end of 2025, growth to $3.50–$4.00 is possible if the Solana ecosystem and partnerships continue to develop. The long-term outlook for 2030 is $10+, with mass adoption of DeFi and improvements in the network. Risks include correction due to overbought conditions and market volatility. Against the backdrop of recent hype, the prospects look promising.
Prospects? Growth of 12.1% and a price of $2.409 are close to resistance at $2.50. Buying at $2.30 with a target of $2.70 and a stop-loss at $2.20 may be justified. RAY stands out due to innovations in AMM and support from Binance, attracting investors. Community activity emphasizes speculative potential.
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