strong buy
RAY Surge Indicates Strong Short-Term Momentum
The trading volume for #RAY, on the USDT pair, experienced a significant spike, reaching 66 times the usual volume with 348.67K USDT traded within a single minute. Buying volume accounted for 209.11K USDT, indicating strong buying interest. The overall boost score is moderate at 5 out of 10. Over the past 24 hours, the trading volume on Binance was 7.52 million USDT. Currently, the price is at 3.061 USDT, reflecting a 6.7% increase over the last 24 hours.
Source available for registered users Sign Up Free
Analysis
The recent volume surge in RAY trading on the USDT pair suggests heightened interest among traders. A spike to 66 times the average volume indicates that there has been a sudden influx of trading acti...
Recommendation
Given the current scenario, traders might consider a cautious approach. If already holding RAY, it could be prudent to lock in some profits considering the rapid volume increase and positive price mov...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
risky