Price Forecast for Raydium as Momentum Grows and Memeinator Presales Soar

  • As technical indicators turn bullish, RAY cryptocurrency jumps 17% in 24 hours and targets $0.240 resistance.
  • The presale for Memeinator, which aims to change the meme coin landscape, has raised more than $500 000 in less than 48 hours.
  • The cryptocurrency community is enthralled by Memeinator’s success and Raydium’s growth.

The native utility token of Raydium, RAY, has been creating a stir in the cryptocurrency market by seeing a stunning price increase. RAY’s price rose by 17% over the previous day, propelling it to the front of the list of best-performing cryptocurrencies.

CryptoCaster Quick Check:

RAY had risen noticeably from its intraday low of $0.1754 to roughly $0.2019 at the time of writing. Crypto investors are paying close attention to and feeling optimistic about this price increase.

Raydium price chart

How come Raydium’s (RAY) price is is on the rise?

A number of variables, including growing bullish momentum and optimistic market emotions brought on in part by Ripple Labs’ recent victory over the US SEC, can be blamed for the recent increase in the price of RAY.


The victory of Ripple Labs is regarded as a major stimulant for the cryptocurrency sector, which has recently come under attack from US authorities who have attempted to claim that some cryptocurrencies are securities and not actual currencies.

Price forecast for Raydium

A symmetrical triangular pattern that had been forming, according to analysts, suggested the possibility of a breakout. Additional confidence has been sparked by the clear break over the resistance level of the triangle, which raises the possibility of more price growth for RAY.

Key resistance levels are being actively watched by traders and investors as Raydium’s RAY cryptocurrency exhibits upward momentum. The next major obstacle seems to be at $0.240, which has historically provided significant resistance.

Follow GappyCoin PreSale on Twitter, and ReCap for information and more.

There are things to take into account, though, as with any price change. Widening Keltner Channel bands are one example of a technical indication that suggests the possibility of price swings and breakout possibilities. However, the overbought conditions in the bands’ top range raise the prospect of a brief fall.

Capital influx and volatility

A minor inflow of capital into the RAY market is shown by the Chaikin Money Flow (CMF), which denotes slight purchasing pressure. An increase in the CMF rating may indicate heightened demand and a potential market breakout.

The RAY market appears to be volatile at the moment, according to the Relative fluctuation Index (RVI), creating the possibility of high price fluctuation and trading opportunities. Extreme volatility, though, also increases danger.

Positive price momentum is reflected by the TRIX indicator, which highlights strong demand. However, a falling TRIX rating can be a sign that the price trend for RAY is about to change.

Pre-sale triumph for Memeinator

Memeinator has arisen as a beacon of change in a world awash in meme currency offering the moon and stars. Memeinator’s presale has surpassed the $500,000 threshold in less than 48 hours, demonstrating its relentless dedication to changing the face of meme coins.

This big project came about as a result of irritation with the glut of meme coins that frequently fell short of their promises. Memeinator aimed to resurrect the joy and mystique that previously characterized meme currencies.

Characteristics of Memeinator

Memeinator stands out because of its creative methodology. It introduces an AI-driven game influenced by vintage ’90s action flicks, a growing community, and alluring rewards, such as the opportunity to travel into space with Virgin Galactic.

Over 20,000 people have joined the Memeinator’ resistance’ on Twitter and are actively participating in lively debates within Telegram and Discord forums, indicating the movement has already made tremendous progress.

Reliable Auditing and Use

Memeinator completed a thorough audit by Solid Proof, a reputable German business that specializes in assessing crypto project protocols, smart contracts, and KYC evaluations, to assure credibility and security. Memeinator is now in good company with well-known projects like UNCX,, and ZyberSwap thanks to this audit.

The usefulness of Memeinator goes beyond the success of its presale. One billion tokens are available in its MMTR Tokenomics, with portions set aside for community involvement, marketing pools, and exchange liquidity support. The team will use a deflationary mechanism and implement a burn plan when necessary to keep the token’s price stable.CRYPTOCASTER® - DECENTRALIZED FREEDOM!

We hope you appreciated this article. Before you move on, I was hoping you would consider taking the step of supporting CryptoCaster’s journalism. 

From  Elon Musk, Larry Fink(BlackRock) to Jamie Dimon(JP Morgan Chase) a number of billionaire owners have a powerful hold on so much of the hidden agendas’ which eludes the public concerning the paradigm shift juxtaposed by cryptocurrency and web3 emerging technologies. CryptoCaster is different. We have no billionaire owner or shareholders to consider. Our journalistic efforts are produced to serve the public interest in crypto development and institutional disruptions – not profit motives.

And we avoid the trap that befalls much U.S. and global media – the tendency, born of a desire to please all sides, to engage in false equivalence in the name of neutrality and retail consumer protection. While fairness and transparency dictates everything we do, we know there is a right and a wrong position in the fight against fiat global banking interest and monetary reconstruction precipitated by the emerging crypto ecology.

When we report on issues like the FTX, Binance and Ripple crisis, we’re not afraid to name who or what is uncovered. And as a crypto sentinel, we’re able to provide a fresh, outsider perspective on the global monetary disruption – one so often missing from the insular American and European media bubble. 

Around the world, readers can access the CryptoCaster’s paywall-free journalism because of our unique reader-supported model. That’s because of people like you. Our readers keep us independent, beholden to no outside influence and accessible to everyone – whether they can afford to pay for news and information, or not.

We thankyou for the on-going support our readers have bestowed monetarily. If you have not considered supporting CryptoCaster, if you can, please consider supporting us just once from $1 or more of Bitcoin (satoshi) or Eth, and better yet, support us every month with a little more. Scroll further down this page to obtain CryptoCaster’s wallet addresses.

Thank you.

Kristin Steinbeck
Editor, CryptoCaster

Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.

Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt


You may also like