Monat: Mai 2025

• Raydium (RAY) price is rising, driven by ongoing token buybacks.
• The bullish trend is supported by higher highs and a moving average crossover.
• Traders should watch for a breakout at $3.50, with $4.20 as the next major resistance.

Raydium (RAY) is currently experiencing a notable resurgence in price, gaining the attention of both traders and long-term investors across the crypto landscape.

After a strong rally from $2.40 to $3.86, the token has entered a phase of consolidation, now trading around $3.25, signalling the potential for another leg up.

This upward movement is being driven primarily by Raydium’s ongoing token buyback program, which has become a major catalyst in reinforcing bullish momentum within the market.

The RAY token buyback program

Since mid-March, Raydium has maintained steady buybacks, allocating 12% of trading fees toward purchasing RAY from the open market.

Although the intensity of the buybacks has slightly tapered off, their continued presence and periodic spikes have provided a solid base of demand for the token.

Raydium price analysis

The technical setup has also turned decisively positive, with RAY printing a consistent series of five higher highs and higher lows, which signals a strong uptrend.

At the same time, the price has remained above both the 20-day exponential moving average and the 50-day simple moving average, reinforcing the bullish sentiment among traders.

These two indicators have maintained a bullish crossover since mid-April, and this trend has yet to show signs of weakening.

Currently, local resistance lies at $3.50, and a successful breakout above this level could trigger a swift move toward the next key resistance at $4.20.

That target level previously acted as a critical support zone before the February sell-off and now stands as the next bullish milestone.

Should Raydium manage to reach $4.20, it would represent a nearly 30% gain from its current trading level, drawing even more attention to the asset.

The Relative Strength Index (RSI) is currently near 57, indicating that the token is neither overbought nor oversold, and suggesting there is ample room for further gains.

If $4.20 is breached, the next notable resistance level sits near $5.70, where the token faced repeated rejections before and after the rally that peaked in January.

Despite the bullish setup, a decline below the key support level of $2.20 would invalidate the upward thesis and open the door to potential downside toward $1.50.

Nonetheless, the trend remains structurally strong, with momentum indicators supporting continued upside in the near term.

The platform also boasts a total value locked (TVL) of over $2.07 billion, highlighting its prominent role in the Solana-based DeFi ecosystem.

In the last 24 hours alone, the trading volume has exceeded $79.5 million, which reflects heightened interest in the token during this consolidation phase.

From a historical perspective, Raydium reached an all-time high of $16.83 in September 2021, while its lowest point came in December 2022 at $0.1344.

Since then, the cryptocurrency has shown a significant recovery, supported by both market participation and internal initiatives like token buybacks.

The post Raydium price bounces back as RAY token buyback fuels bullish momentum appeared first on CoinJournal.

• Uniswap (UNI) price has jumped above $6.5 as bulls retest a key resistance zone.
• The altcoin soared alongside Virtuals Protocol and Jupiter, which have jumped double digits.
• Whales have aggressively bought UNI tokens in recent days.

Uniswap (UNI) price surged alongside most other top coins as the crypto market recorded a decent bullish flip.

According to data from CoinMarketCap, the price of UNI had surged by 11% in the last 24 hours at the time of writing on May 26, 2025.

The native token of the decentralized exchange platform soared to a high of $6.63, up from lows of $5.91.

UNI’s gains during the early trading on Monday reflected the double-digit gains for multiple coins, including Jupiter (JUP) and Virtual Protocol (VIRTUAL).

XRP price also rose slightly as top altcoins looked to bounce.

Uniswap price jumps 11% as cryptocurrencies rise

Having traded to lows of $5.70 on May 20, 2025, UNI’s price flipped bullish to reach highs of $6.73 on May 23.

However, with Bitcoin retreating from highs of $111,970 amid profit taking, Uniswap pared gains to hover around $5.90.

Bulls have since mirrored BTC gains to break above $6 again, with a 24-hour trading volume of $310 million highlighting a surge in trading activity.

The bump in volume comes with a 60% spike, which is significant as UNI price rises in tandem with top gainers such as Jupiter and Virtual Protocol.

On-chain data from iCryptoAI shared on X highlights a spike in whale activity around Uniswap.

Per the insights platform, whales have scooped up over $300,000 worth of UNI in just six hours.

In comparison, whales have scooped over 159,000 for Virtuals Protocol.

Recently, an Ethereum whale bought $13 million worth of UNI, as crypto investor Ted shared in the X post below.

Ethereum whale bought $13,000,000 $UNI.

Uniswap = DeFi summer loading? ✌🏼 pic.twitter.com/FPHgYAXu3X

— Ted (@TedPillows) May 23, 2025

UNI price – are bulls set to reclaim $10?

In recent weeks, Uniswap has shown remarkable resilience in the market. For instance, the current uptick for UNI comes off a textbook double bottom for the altcoin.

After breaking through resistance in the $5.76 and $6.30 range, bulls are looking to strengthen after a technical retest of the previous hurdle as support.

With bullish momentum intact as the Relative Strength Index points upwards above 57, tailwinds helping the buyside pressure could be massive for an uptrend.

However, the Moving Average Convergence Divergence (MACD) indicator on the daily chart suggests weakness.

The MACD line crosses below the signal line. In the market, traders look at this indicator as signalling that bears are still within striking distance, which might be visible via a fresh decline.

If UNI price climbs further, it faces the first key hurdle around $7.5. Above it, there is the psychological $10 zone.

On the downside, $5.8 is a key support level, with $4.7 also crucial for bulls.

The post Uniswap price up 11% amid double-digit gains for JUP, VIRTUAL appeared first on CoinJournal.