{"id":53116,"date":"2025-05-26T15:02:59","date_gmt":"2025-05-26T15:02:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/raydium-price-bounces-back-as-ray-token-buyback-fuels-bullish-momentum\/"},"modified":"2025-05-26T15:02:59","modified_gmt":"2025-05-26T15:02:59","slug":"raydium-price-bounces-back-as-ray-token-buyback-fuels-bullish-momentum","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/raydium-price-bounces-back-as-ray-token-buyback-fuels-bullish-momentum\/","title":{"rendered":"Raydium price bounces back as RAY token buyback fuels bullish momentum"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Raydium-price-bounces-back-as-RAY-token-buyback-fuels-bullish-momentum-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Raydium-price-bounces-back-as-RAY-token-buyback-fuels-bullish-momentum-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Raydium-price-bounces-back-as-RAY-token-buyback-fuels-bullish-momentum-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/Raydium-price-bounces-back-as-RAY-token-buyback-fuels-bullish-momentum-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Raydium (RAY) price is rising, driven by ongoing token buybacks.<\/li>\n<li>The bullish trend is supported by higher highs and a moving average crossover.<\/li>\n<li>Traders should watch for a breakout at $3.50, with $4.20 as the next major resistance.<\/li>\n<\/ul>\n<p>Raydium (RAY) is currently experiencing a notable resurgence in price, gaining the attention of both traders and long-term investors across the crypto landscape.<\/p>\n<p>After a strong rally from $2.40 to $3.86, the token has entered a phase of consolidation, now trading around $3.25, signalling the potential for another leg up.<\/p>\n<p>This upward movement is being driven primarily by <a href=\"https:\/\/docs.raydium.io\/raydium\/protocol\/the-ray-token\/ray-buybacks\">Raydium\u2019s ongoing token buyback program<\/a>, which has become a major catalyst in reinforcing bullish momentum within the market.<\/p>\n<h2>The RAY token buyback program<\/h2>\n<p>Since mid-March, Raydium has maintained steady buybacks, allocating 12% of trading fees toward purchasing RAY from the open market.<\/p>\n<p><a href=\"https:\/\/blockworks.co\/analytics\/raydium\/ray-token\/raydium-buyback-program\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-311351\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Raydium-token-buyback.jpg\" alt=\"Raydium token buyback\" width=\"1639\" height=\"747\"\/><\/a><\/p>\n<p>Although the intensity of the buybacks has slightly tapered off, their continued presence and periodic spikes have provided a solid base of demand for the token.<\/p>\n<h2>Raydium price analysis<\/h2>\n<p>The technical setup has also turned decisively positive, with RAY printing a consistent series of five higher highs and higher lows, which signals a strong uptrend.<\/p>\n<p>At the same time, the price has remained above both the 20-day exponential moving average and the 50-day simple moving average, reinforcing the bullish sentiment among traders.<\/p>\n<p>These two indicators have maintained a bullish crossover since mid-April, and this trend has yet to show signs of weakening.<\/p>\n<p>Currently, local resistance lies at $3.50, and a successful breakout above this level could trigger a swift move toward the next key resistance at $4.20.<\/p>\n<p>That target level previously acted as a critical support zone before the February sell-off and now stands as the next bullish milestone.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-311352\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/Raydium-price-chart.png\" alt=\"Raydium price chart\" width=\"1341\" height=\"807\"\/><\/p>\n<p>Should Raydium manage to reach $4.20, it would represent a nearly 30% gain from its current trading level, drawing even more attention to the asset.<\/p>\n<p>The Relative Strength Index (RSI) is currently near 57, indicating that the token is neither overbought nor oversold, and suggesting there is ample room for further gains.<\/p>\n<p>If $4.20 is breached, the next notable resistance level sits near $5.70, where the token faced repeated rejections before and after the rally that peaked in January.<\/p>\n<p>Despite the bullish setup, a decline below the key support level of $2.20 would invalidate the upward thesis and open the door to potential downside toward $1.50.<\/p>\n<p>Nonetheless, the trend remains structurally strong, with momentum indicators supporting continued upside in the near term.<\/p>\n<p>The platform also boasts a total value locked (TVL) of over $2.07 billion, highlighting its prominent role in the Solana-based DeFi ecosystem.<\/p>\n<p>In the last 24 hours alone, the trading volume has exceeded $79.5 million, which reflects heightened interest in the token during this consolidation phase.<\/p>\n<p>From a historical perspective, Raydium reached an all-time high of $16.83 in September 2021, while its lowest point came in December 2022 at $0.1344.<\/p>\n<p>Since then, the cryptocurrency has shown a significant recovery, supported by both market participation and internal initiatives like token buybacks.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/raydium-price-bounces-back-as-ray-token-buyback-fuels-bullish-momentum\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Raydium (RAY) price is rising, driven by ongoing token buybacks. The bullish trend is supported by higher highs and a moving average crossover. Traders should watch for a breakout at $3.50, with $4.20 as the next major resistance. Raydium (RAY) is [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":53117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53116"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53116"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53117"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}