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Raydium (RAY) Surges Over 6%, Will the Momentum Hold?

  • Raydium (RAY) experienced a surge of over 6%, trading around $1.
  • RAY's trading volume increased by over 88%.
  • Raydium's Moving Average Convergence Divergence (MACD) line indicates lingering weakness or a recent bearish phase.
  • If the price breaks above $2 resistance and forms a golden cross, it could lead to a rally towards $4 or above.

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