Raydium (RAY), NEAR Protocol (NEAR), and IOST have each posted strong September rallies, but technical setups now suggest a more selective phase is underway. According to a Coin Edition price analysis published on September 10, RAY continues to hold a bullish structure despite signs of profit-taking near recent highs, with the $1.40–$1.45 area remaining key resistance. NEAR maintains positive momentum after breaking above its earlier consolidation range, but it needs to clear $2.55 to strengthen its recovery and target higher levels. IOST, by contrast, faces elevated selling pressure as it tests support near the 200-day exponential moving average following an unusually sharp spike and subsequent reversal.
Raydium’s move has been particularly pronounced. In a separate market update, RAY surged 10.25% in just 60 minutes, reaching $1.4247 after climbing from an intraday low of $1.1919. The rally came alongside roughly $20.72 million in 24-hour volume and an 8.15% gain over the past 24 hours. Analysts noted that rising active addresses appear to be driving the bid, although no single confirmed catalyst has been identified. Key support is seen near $1.19, while the next resistance sits at approximately $1.43 — a level that, if broken, could signal further bullish activity.
Across the trio, traders are weighing whether the current rallies can extend or require deeper consolidation. RAY’s structure remains constructive, NEAR’s recovery hinges on the $2.55 hurdle, and IOST’s test of its 200-day EMA will be an important gauge of trend health after its sharp reversal.
