The cryptocurrency RAY (RAY) is pushing through a pivotal resistance level, currently at the $3 mark. This surge in price, accompanied by strong trading volume, has fueled speculation about potential breakout targets. Analysts believe sustained price action above $3 could propel RAY towards the $3.9 to $4.0 range. However, if prices fall below $2.85, a potential downturn back to lower levels might occur. Key support and resistance areas on the weekly chart highlight these crucial points for RAY’s future trajectory. 4.28 million trading volume provides a clear indication of investor confidence in this breakout attempt. Further developments will be closely monitored by traders and analysts in the coming weeks.