Waiting for retest and daily - 4hr RSI to reset. Then we should go for 150% gains.
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
What is Raydium?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
What is Raydium?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions