# Raydium’s RAY Rises More Than 20% as $2.60 Resistance Nears

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27501
Published: 2026-10-07T15:15:15.000Z
Updated: 2026-10-07T15:15:15.000Z
Section: Investing

> RAY reached about $2.58 before trading near $2.45 on Oct. 7, while technical indicators showed a strong recent trend without establishing its duration.

Raydium’s RAY token climbed more than 20% in the week through Oct. 7, but its advance is nearing a technical resistance zone that may test the move’s momentum.

RAY started October near $1.82 and reached about $2.58 before trading near $2.45 at 11:09 a.m. ET (3:09 p.m. UTC). The move followed RAY’s brief move above 2 USDT in September ([TokenPost coverage](<https://www.tokenpost.com/news/investing/23316>)).

Raydium is a decentralized exchange operating on the Solana network. Its trading activity provides background for the token’s market performance, but the available figures do not establish that higher activity guarantees further gains.

A breakout through $2.58-$2.60 could bring potential liquidity areas near $2.65 and $2.80 into focus. Those levels are technical-analysis scenarios rather than confirmed price targets.

A retreat could initially bring the $2.20-$2.17 range into focus, followed by deeper support between $2 and $2.04. On the four-hour chart, RAY was above its 20-period simple moving average at $2.17, its 50-period average near $2.04, its 100-period average around $2.01 and its 200-period average near $1.69.

Momentum readings also pointed to a strong recent trend. The four-hour average directional index stood at 33.78, while Aroon Up was 100% and Aroon Down was 0%; the indicators do not determine how long the trend will last.

Zonic the Hedgehog described RAY’s relative strength during the broader market pullback as “impressive.”

The immediate market test is whether RAY can remain above the $2.58-$2.60 resistance zone. A move below that area would put attention on the $2.20-$2.17 range and lower support levels.

## Links in this article

- [TokenPost coverage](https://www.tokenpost.com/news/investing/23316)