Raydium's (
RAY) which is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX)'s native token has reclaimed the $2 pivot albeit the crypto market is in a general market correction.
The asset surge 6%, and is gearing up for a breakout to the $3 resistant as a breakout above the $2.3 region would cement the grounds for a bullish continuation move to the $3 point.
Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
With the RSI at 60, Raydium is poised for the breakout move as momentum builds up.
However, shouldRAY fail to pull up the stunt, a consolidation move to the $1.8 support point will be vehemently tested.
Raydium Price Live Data
The live Raydium price today is $1.99 USD with a 24-hour trading volume of $98,068,751 USD. Raydium is up 1.71% in the last 24 hours, with a live market cap of $578,910,409 USD. It has a circulating supply of 290,814,662 RAY coins and a max. supply of 555,000,000 RAY coins.
RAY) which is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX)'s native token has reclaimed the $2 pivot albeit the crypto market is in a general market correction. The asset surge 6%, and is gearing up for a breakout to the $3 resistant as a breakout above the $2.3 region would cement the grounds for a bullish continuation move to the $3 point.
Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
With the RSI at 60, Raydium is poised for the breakout move as momentum builds up.
However, should
RAY fail to pull up the stunt, a consolidation move to the $1.8 support point will be vehemently tested.Raydium Price Live Data
The live Raydium price today is $1.99 USD with a 24-hour trading volume of $98,068,751 USD. Raydium is up 1.71% in the last 24 hours, with a live market cap of $578,910,409 USD. It has a circulating supply of 290,814,662 RAY coins and a max. supply of 555,000,000 RAY coins.
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