Raydium grew last year, but its price was not completely accompanied. Although Ray brings more trading fees more than other Defi platforms, the distinctive code value has not yet reflected this success – although this may be about to change.
Consider the history of Ray’s price tells an interesting story. Raydium struggled in 2021 and 2022, where prices fell constantly during each month in a row. In 2022, at the beginning of 2023, things began to settle with the unification of Ray between $ 1.30 – $ 2. By the end of 2023, we noticed a positive movement.
The real turning point came in late 2024 and early 2025, when the opinion of the previous trading range exceeded and began to increase. This penetration indicates that the distinctive symbol is scheduled to continue to rise in the short term, with resistance levels now at 7.0 and higher. The price recently exceeded the previous resistance areas, indicating the possibility of the most important price movements.
Main support levels and Raydium resistance levels
Ray price movement has been formed through well -specified support and resistance areas. Support levels were tested between $ 1.3 and $ 2 several times during the monotheism. As of the latest scheme data, the price has found about $ 5.0, and continues to pay towards higher levels, and to penetrate the resistance of $ 7.0.
In order for Ray to maintain the ups of the ups, the main resistance areas that can be monitored are 7.0 dollars and $ 10.0. A sustainable break over these areas can see the price of its upward momentum. However, traders must also monitor RSI levels, which are currently approaching the excessive peak area, indicating the possibility of withdrawal or unification.
Also read: Any encryption is it better to hold in 2025: sui or Aptos (APT)?
Crypto McKenna expert shared some ideas about X about Raydium. It was stated that Ray has received more commercial fees than UISWAP V3, making it the best revenue generator in Defi space. Despite this achievement, Ray’s market value is still less than a third of Uiswap, indicating a contrast between its revenues and market value.
Moreover, unlike the uniswap, Raydium directs part of the protocol to Ray’s re -purchases, adding value to their holders and maintaining the relatively cheaper symbol compared to competitors.
This unique feature places Raydium as a strong competitor in the DEFI space, with the growing fee structure and the repurchase mechanism is likely to pay more growth in the Ray value. As the market continues to get to know these dynamics, Ray’s price may witness a big step soon.
What is the next for the price of Ray?
Raydium’s outbreak of recent resistance levels indicates that its upward trend may continue in 2025. While the relative strength index indicates some caution, the total prices of prices and the possibility of growth, driven by strong trading fees and re -purchase initiatives, makes it a viewable currency. Ray also works Its path through the main resistance levels, traders must remain vigilant, and monitor other ups and other bullish signals while considering the possibility of retreat in the short term.
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