Key notes
- Upbit announced the list of Ray / USDT and Ray / KRW pairs on its platform.
- Ray Price jumped 9.5% in the last 24 hours in the middle of the slowness of the market.
- A whale filed a value of $ 2.26 million in chips in Binance, likely to make earnings.
While the wider market of the crypto has shown a slow movement, Raydium
RADIUS
$ 2.14
24h volatility:
6.2%
COURTIC CAPESSION:
$ 573.47 M
Flight. 24 hours:
$ 170.01
recorded an increase of 9.5% of its value in the last day. This occurs while the greatest exchange in South Korea, Upbit, announced that it would support trade for the token from today.
레이디움 (ray) krw, usdt 마켓 거래지원 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내 안내
✅ 지원 마켓: krw, usdt 마켓
📅 거래지원 개시 시점 시점: 2025-06-19 12:00 KST 예정🔗 공지 바로가기: https: //t.co/jxeedyp9zl#Upbit #RADIUS@RAYDIUMPROTOCOL pic.twitter.com/konvy7dnwa
– Upbit Korea (@official_upbit) June 19, 2025
According to the announcement, Ray Trading officially opens at 12:00 km with KRW and USDT pairs.
Raydium, an automated market (AMM) and a liquidity protocol, experienced a rapid increase in prices of more than 25% to $ 2.62 after breaking up the list. However, the price has since corrected around $ 2.28 at the time of the editorial staff.
Ray also noted a sharp increase in market capitalization, earning nearly $ 60 million in just 24 hours. The overvoltage pushed the Solana-based token in the best cryptocurrencies by market capitalization, currently ranking 99th with a ceiling of $ 607 million.
Whale activity alludes to taking advantage
In particular, the announcement of the list resulted in a peak of 500% in the negotiation volume of Ray 24 hours a day to reach $ 371 million, according to CoinmarketCap. The volume attracted traders who seek to capitalize on short -term gains.
A whale filed 906,788 rays, worth around 2.26 million dollars, in Binance after the price pump. Lookonchain noted the transaction, suggesting a for -profit decision.
The price of $ Ray has jumped almost 25% due to its list on Upbit.
Whale 256EH2 deposited 906 788 $ Ray($ 2.26 million) in #Binance After the pump, maybe for sale. pic.twitter.com/x03yr48yfl
– Lookonchain (@lookonchain) June 19, 2025
Ray prices prospect
On the table of daily rays prices, the MacD line was crossed just above the signal line at the zero level, referring to a potential optimistic reversal. However, the histogram remains flat, reflecting a weak momentum.
Ray price board with macD | Source: tradingView
Bollinger groups show a clear break above the lower band and towards the environment (20 days SMA) at $ 2.24. The current price action suggests indecision, the band greater than $ 2.56 acting as dynamic resistance. A break above this level could confirm the upward continuation.
Ray price board with RSI and Bollinger Bands | Source: tradingView
The RSI climbed to 45, indicating the recovery of the recent lower $ 1.94. The ascending gradient suggests a bullish momentum and a room more upwards, but with caution.
Failure to contain $ 2.24 can return Ray to key support at $ 1.93. The popular analyst of Crypto Leandrocrypto recently declared that this level would act as a solid purchasing area.
The analyst explained that a bullish scenario with a strong volume could send the cryptocurrency to test a resistance of $ 3.42, set a price target of $ 7.27 in the long term.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
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