#Ray
(RAY) is currently trading at $3.44, with a 13% increase in the last 24 hours.
*Key Metrics:*
- *Current Price*: $3.44
- *Market Cap*: $1.04 billion
- *24-hour Trading Volume*: $221.78 million
- *Circulating Supply*: 290.28 million RAY coins
- *Max Supply*: 555 million RAY coins
*Technical Indicators:*
- *Relative Strength Index *: Showing divergence on the weekly timeframe, potentially indicating a short opportunity or a good entry point for position
- *Price Action*: Recently broke through the upsloping support , still in an uptrend
*Trading Signals:*
- *Buy Signal*: Potential breakout, with possible targets at $55-60 if Bitcoin reaches $150,000 or Solana reaches $400
- *Sell Signal*: Negative divergence on RSI, potentially indicating a short opportunity
*Price Prediction:*
Based on technical analysis, price may continue to rise in the short term, with potential targets at higher levels. Some analysts predict a outperformance against Solana ¹.
*Support and Resistance Levels:*
- *Support*: $3.20 (24-hour low)
- *Resistance*: $3.84 (24-hour high)
