RAYDIUM - RAY/USDT - 1H - Technical analysis published on 01/18/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 6.34 USDT
My targets
6.79 USDT (+0.49%)
My analysis
RAYDIUM - RAY/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.34 USDT. The next resistance located at 6.79 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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This analysis was given by Arjun12345. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RAYDIUM - RAY/USDT price is 6.76 USDT. The price registered an increase of +9.74% on the session and was between 6.01 USDT and 6.93 USDT. This implies that the price is at +12.48% from its lowest and at -2.45% from its highest.6.01
6.93
6.76
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RAYDIUM - RAY/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 5.46 | 5.72 | 6.30 | 6.76 |
| Change (%) | -19.23% | -15.38% | -6.80% | - |
| Change | -1.30 | -1.04 | -0.46 | - |
| Level | Intermediate | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.01 | 5.25 | 5.70 | 5.94 | 6.39 | 6.63 | 7.08 |
| Camarilla | 5.97 | 6.03 | 6.10 | 6.16 | 6.22 | 6.29 | 6.35 |
| Woodie | 5.13 | 5.30 | 5.82 | 5.99 | 6.51 | 6.68 | 7.20 |
| Fibonacci | 5.25 | 5.51 | 5.67 | 5.94 | 6.20 | 6.36 | 6.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.77 | 3.66 | 4.11 | 5.00 | 5.45 | 6.34 | 6.79 |
| Camarilla | 4.20 | 4.32 | 4.45 | 4.57 | 4.69 | 4.82 | 4.94 |
| Woodie | 2.56 | 3.55 | 3.90 | 4.89 | 5.24 | 6.23 | 6.58 |
| Fibonacci | 3.66 | 4.17 | 4.49 | 5.00 | 5.51 | 5.83 | 6.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.93 | 2.87 | 3.89 | 4.83 | 5.85 | 6.79 | 7.81 |
| Camarilla | 4.36 | 4.54 | 4.72 | 4.90 | 5.08 | 5.26 | 5.44 |
| Woodie | 1.96 | 2.89 | 3.92 | 4.85 | 5.88 | 6.81 | 7.84 |
| Fibonacci | 2.87 | 3.62 | 4.09 | 4.83 | 5.58 | 6.05 | 6.79 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.86 | |
| MACD (12,26,9): | 0.2500 | |
| Directional Movement: | 30.60 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 6.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.17 | |
| Elder Ray (13): | 0.41 | |
| Super Trend (3,10): | 6.30 | |
| Zig ZAG (10): | 6.79 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 93.02 | |
| TEMA (21): | 6.68 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.91 | |
| Repulse (5,40,3): | 4.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4300 | |
| Courbe Coppock: | 22.88 |
| MA7: | 5.54 | |
| MA20: | 5.31 | |
| MA50: | 5.11 | |
| MA100: | 4.55 | |
| MAexp7: | 6.56 | |
| MAexp20: | 6.24 | |
| MAexp50: | 5.92 | |
| MAexp100: | 5.63 | |
| Price / MA7: | +22.02% | |
| Price / MA20: | +27.31% | |
| Price / MA50: | +32.29% | |
| Price / MA100: | +48.57% | |
| Price / MAexp7: | +3.05% | |
| Price / MAexp20: | +8.33% | |
| Price / MAexp50: | +14.19% | |
| Price / MAexp100: | +20.07% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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