Raydium price has made quite a comeback. After dropping nearly 80% from its January high of $8.70 to around $1.37 in March, the token turned things around in mid-April. That’s when it finally broke out of a long downtrend and almost doubled in price, jumping from about $1.50 to over $2.90. This bounce came as Bitcoin price started gaining momentum, which lifted a lot of altcoins along the way.

At writing, RAY is trading at around $2.91, with over 6% gains just today. There’s clear momentum behind it, and the team has been busy too. Raydium’s LaunchLab has already handed out more than 400,000 RAY in rewards, with another 50,000 just added. Meanwhile, ecosystem partners like ZeroLend and Satoshi Protocol are getting more attention, especially with big events like TOKEN2049 in Dubai on the horizon.

With the charts looking bullish and the ecosystem heating up, we asked ChatGPT to map out a few possible directions for RAY’s price in May.

Pessimistic Scenario: RAY Slips to $2.00–$2.20

If Bitcoin price begins to slide or capital shifts away from altcoins, RAY could struggle to hold its gains. Traders may start to take profit from April’s rally, especially if LaunchLab rewards begin to slow or taper off.

In that case, the price could fall back toward the $2.00–$2.20 area, which acted as a consolidation zone before the latest move. A breakdown below $2.00 would invalidate the bullish setup and point to a failed breakout.

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Realistic Scenario: RAY Consolidates Between $2.60 and $3.20

If the broader crypto market remains steady and Bitcoin hovers around $95,000, RAY price could move sideways through most of May. This would allow the token to build a stronger base before attempting any new breakout.

In this scenario, support zones near $2.70 and $2.30 would likely hold. The price could range between $2.60 and $3.20 while community activity, airdrops, and trading volumes continue to stabilize.

Optimistic Scenario: RAY Price Rallies Toward $4.00 – $4.50

If Bitcoin price climbs past $100,000 and the altcoin market stays strong, RAY could continue its upward trajectory. A clear breakout above the $3.20 resistance might open the door to $4.00 or even $4.50.

This outcome would be supported by continued reward campaigns, ecosystem partnerships, and positive sentiment from events like TOKEN2049. A parabolic projection seen on the RAY price chart even shows a possible path back toward January highs.

Furthermore, RAY has broken its downtrend and regained bullish structure. Trading volume and ecosystem activity are both on the rise. With momentum in place and altcoin interest growing, May could prove decisive for whether Raydium holds its breakout or sets its sights on even higher levels.

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The post We Asked AI to Predict Raydium (RAY) Price in May appeared first on CaptainAltcoin.