Raydium rises 11% on Solana momentum and technical strength
Raydium (RAY)
Editor:
Eugene Serbin
tradersunion.com reports that Raydium (RAY) surged 11.08% following robust technical signals and sustained momentum within the Solana ecosystem. The decentralized exchange token experienced profit-taking activity against an ongoing uptrend, highlighting continued demand for its services. Price action remains above key moving averages, including the 20-day at $1.289, the 50-day at $0.9266, and the 200-day at $0.732.
This alignment confirms a positive underlying structure with strong upward momentum across major timeframes. Resistance is identified at $1.9257, the week high, while support sits at $1.7954, today's high. Technical indicators such as the MACD and ADX are in buy territory, and the RSI stands at 67.97, signaling a continued buy bias.
Bull/Bear Power is positive at 0.2749, and the Awesome Oscillator validates the bullish setup. Despite robust transaction volumes and token buybacks, analysts noted continued selling pressure even as technical signals remained bullish. The latest breakout confirms the uptrend, with the key level to watch being a sustained trade above $1.9257.
How the market reacted
Whalio's own Binance spot order flow for RAY, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Whalio data shows RAY trading at $1.70 with a 1-hour buy ratio of 52.2% and a 4-hour buy ratio of 51.6%. These short-term figures indicate a slight majority of buyers, contrasting with the 24-hour buy ratio of 48.5%, which suggests buying pressure is fading over the longer timeframe. The 1-hour volume delta is positive at +$29,313, while the 4-hour delta is +$74,989, showing recent net buying activity. However, the 24-hour volume delta is -$206,391, indicating that over the full day, sellers have outweighed buyers. The cumulative volume delta (CVD) for the 24-hour close is +$230,632, reflecting that net buying has occurred in 15 of the last 24 hours. Spot volume reached $6,759,059 with 46,250 trades recorded in the period.
The latest daily buy ratio of 45.0% sits at the 11th percentile of the last 322 days, against a median of 50.1% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for RAY, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.9%, making the latest day's 48.5% ratio slightly below average by 0.4 points. Volume for the day was 0.75x the weekly average, indicating a quieter trading day than usual. While the price rose 23.0% over eight days, the total volume delta for that period was -$860,969, showing net selling pressure despite the gains. Only three of the seven days in the preceding week saw net buying, suggesting this is an unusual period of mixed sentiment. The current 24-hour volume of $6,759,059 is lower than the sustained activity seen during the broader weekly uptrend.