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Raydium Holds Breakout Above $1.62 as Weekly Momentum Builds

CoinEdition’s analysis highlights $1.62 as a key level for Raydium while RAY trades at $1.77 on live data.

CoinEdition’s analysis highlights $1.62 as a key level for Raydium while RAY trades at $1.77 on live data. Raydium (RAY) is trading at $1.78, up 0.6% since this brief published. This is an original TLT brief based on reporting by CoinEdition, with live market data added, as of Sat, 07 Nov 2026 18:45:03 UTC.

Why it matters

Raydium’s ability to preserve its breakout could determine whether the recent weekly gain gains further support, while declining protocol TVL shows that on-chain activity has not moved in the same direction as the token.

Key takeaways
  • RAY trades at $1.77, down 2.62% over 24 hours.
  • CoinEdition identifies $1.62 as the important weekly support level.
  • RAY remains up 7.29% over seven days on live data.
  • Raydium TVL stands at $1.01 billion, down 6.8% over seven days.
The story so far · 4 briefs
  1. Bitcoin Holds Above $80K as Traders Assess Short-Term Momentum
  2. ZEC holds above key daily averages while breakout awaits confirmation
  3. Raydium Holds Breakout Above $1.62 as Weekly Momentum Builds — this brief
  4. NEAR holds above $3.68 as its weekly decline extends

CoinEdition’s technical analysis says Raydium has broken out of a falling channel and is holding above $1.62, which it identifies as the 100-week exponential moving average. The outlet’s publication frames $1.62 as the level that RAY needs to preserve following the breakout and examines a possible move toward $2.17. That is a published technical scenario rather than a confirmed outcome. The outlet recorded RAY at $1.80 and described it as up 11% on the weekly candle. Current market data places the token at $1.77, with a seven-day gain of 7.29% and a 24-hour decline of 2.62%. Its live market capitalization is $477.5 million, indicating that the broader weekly advance has not prevented a modest pullback over the latest day.

Verified on-chain data from DeFiLlama shows Raydium TVL of $1.01 billion, down 6.8% over seven days. This differs in direction from RAY’s live seven-day gain of 7.29% and adds a contrasting measure of the protocol’s capital position to CoinEdition’s price-focused analysis. CoinEdition is the only supplied outlet covering this development, so its technical levels and $2.17 scenario have not been independently corroborated here. The wider crypto market is comparatively subdued: total market capitalization is $2.61 trillion and the overall market is flat. Bitcoin is up 0.17% over 24 hours, while the Fear & Greed index stands at 25, labelled Extreme Fear. The next points defined by the source are continued weekly closes above $1.62 and whether RAY can maintain its breakout, alongside the contrasting trend in Raydium TVL.

Market reaction since this brief Live

Since this brief published about 9 hours ago, Raydium (RAY) has moved from $1.77 to $1.78 — +0.56%.

$1.77$1.77$1.77$1.78$1.78 published · $1.77 now · $1.78 (+0.56%) Nov 7 09:34 UTC Nov 7 18:45 UTC
BeforeSince publishPublished · $1.77

The chart plots RAY's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 RAY ≈ ₦2,454.42 (about $1.78), down 3.2% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#106
$1.78 ▼ 3.24%
+0.56% since this brief published
7d +7.29%MCap $481.32MFull RAY data →
The market when this published · November 7, 2026
Total market cap$2.61T
Bitcoin 24h+0.17%
Ethereum 24h+0.52%
BTC dominance58.4%
Fear & Greed25 · Extreme Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 7, 2026.

Raydium TVL$1.01B-6.8% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.03BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Raydium Holds Breakout Above $1.62 as Weekly Momentum Builds — questions & answers

What key level is CoinEdition watching for RAY?

CoinEdition identifies $1.62 as the level RAY must hold to preserve its breakout. It also describes the level as the 100-week exponential moving average.

How much has RAY gained over the latest week?

Live data shows RAY up 7.29% over seven days. CoinEdition separately reported an 11% rise on its weekly candle when the price was $1.80.

What does Raydium’s TVL show?

DeFiLlama reports Raydium TVL of $1.01 billion, down 6.8% over seven days. That movement contrasts with RAY’s positive weekly token performance.

How much is 1 Raydium worth in naira today?

About ₦2,454.42 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.78. The naira price moves with both RAY's US-dollar price and the USDT/NGN rate; use our Raydium in naira page for any amount.

Has Raydium's price moved since this brief was published?

RAY is up 0.56% since this brief first published — trading at $1.78 now versus $1.77 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CoinEdition. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 7, 2026 ⛓ Timestamped at Bitcoin block #974,957 sha256:cc3bfc66f66a185b
Based on reporting by CoinEdition — this is an original TLT summary with live market data, not the original article.CoinEdition · Nov 7 09:34 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.