Raydium Breaks Resistance at $5, Bullish Outlook Hinges on Market Response

Raydium is currently testing crucial resistance at the $4.20-$5.00 range, a pivotal point impacting its price trajectory. A breakout above this threshold could fuel significant gains, while rejection may trigger a correction. Recent data reveals Raydium’s upward momentum, with a 20% surge in price over the past 24 hours validating its ability to reach these levels. Nology, a prominent crypto analysis provider, highlights a potential reversal forming around May 2025, suggesting a shift towards a bullish trend.