Raydium (RAY) Price Analysis: Why One Analyst Sees Big Upside Ahead

Raydium price has been quietly building momentum, and now some traders think it’s gearing up for a major breakout. Crypto analyst Rendoshi Ondomoto shared his bullish view on RAY, pointing to both strong fundamentals and a promising technical setup.

Rendoshi believes RAY has a lot going for it right now. He points out that the project is seeing steady revenue expansion, reflecting that the ecosystem is generating more activity and producing more fees

This expansion is being backed by a token buyback program that is active, reducing supply and can help in price appreciation in the long term.

He also highlights RAY strong tokenomics. Most of the total supply is already in circulation, which lowers the risk of large future unlocks putting selling pressure on the market

RAY lets you stake your tokens for rewards, giving holders a good reason to keep them off exchanges.

The Raydium team is known for moving fast, constantly rolling out updates and new features to stay ahead in the DeFi game. All of these factors considered, Rendoshi is confident in the token’s next big move.

Raydium Price Technical Picture

Looking at the weekly chart, RAY is trading around $3.72, up nearly 9% in the latest move. Price action is showing a clear ascending triangle, a bullish pattern that often comes before strong breakouts.

Resistance is just under the $4.00 mark, and a solid move above it could pave the way for a push toward $8.00.

$RAY still huge upside potential. Has pretty much everything you want to see in a project:– Revenue growth– Token buy backs– Good tokenomics, almost all circulating– Staking– Innovative and fast moving devs pic.twitter.com/VHMAVylrL6

— Rendoshi Ondomoto (@Rendoshi1) August 14, 2025

The RAY chart also hints at a much larger target if momentum continues. The long-term resistance near $25–26 is marked, and that’s the level RAY price last saw during the 2021 bull run

While that’s a stretch target for now, the pattern suggests the market could be building up for a run in that direction over the longer term.

The RSI on the weekly is at 57, which means Raydium (RAY) is far from overbought. This leaves room for further gains without immediate technical exhaustion.

Read Also: Why Is Cardano (ADA) Price Up?

Short-Term Outlook For RAY Price

If RAY does break and hold above $4.00 within the coming few days, a target of the $5.00–$6.00 area soon may be possible.

If the breakout doesn’t happen, RAY price could drop back to test support around $2.80–$3.00 before making another run.

With solid fundamentals and a bullish chart, it’s definitely one to keep an eye on, especially if the wider crypto market keeps climbing.

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