Raydium Hits Three-Month High - Is RAY's $4 Target
Raydium Hits Three-Month High - Is RAY's $4 Target Within Reach?
Will Whale Investors Continue to Accumulate After Profit-Taking?
Raydium's surge in trading volume, revenue, and whale investor activity in July pushed its price to a three-month high, but increasing exchange inflows suggest profit-taking pressure.
Raydium [RAY] has been climbing within an ascending channel since dropping to $2.44 on August 2.
The stock peaked at $3.58 on August 9 before retreating to $3.477 at press time, its highest level in three months.
That same week, 24-hour trading volume surged 424% to $322.66 million, indicating increased market participation.
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