Raydium Price Soars 94% in One Week: Is $1.80 Next?
Raydium has emerged as one of the strongest-performing cryptocurrencies this week, posting an explosive rally. The token gained 17.08% over the past 24 hours and surged 94.10% during seven days.
The four-hour chart continues to show a strong bullish structure, with Raydium recently breaking above the $1.52 Fibonacci 0.786 level. This breakout strengthened buying momentum and confirmed a series of higher price levels.
However, the Stoch RSI has climbed near 87, indicating heavily overbought conditions. Traders could see consolidation before the next major move, with immediate resistance sitting between $1.63 and $1.65.
A successful breakout could send Raydium toward $1.72 and $1.74, while a sustained rally beyond that zone could bring $1.80 into focus.