Ray Dalio CBDC Warning: RAY Technical Analysis

RAY

RAY/USDT

$0.6230
+3.32%
24h Volume

$1,426,158.64

24h H/L

$0.6260 / $0.6000

Change: $0.0260 (4.33%)

Data provided by COINOTAG DATALive data
RAY
RAY
Daily

$0.6150

0.49%

Volume (24h): -

Resistance Levels
Resistance 3$0.7903
Resistance 2$0.7100
Resistance 1$0.6413
Price$0.6150
Support 1$0.5853
Support 2$0.5011
Support 3$0.1673
Pivot (PP):$0.611333
Trend:Downtrend
RSI (14):28.3
(04:24 AM UTC)
2 min read

Contents

652 views
0 comments

American billionaire and hedge fund manager Ray Dalio stated in his Tucker Carlson Show interview that central bank digital currencies (CBDCs) are inevitable, warning that while they offer benefits like transaction ease, they will give governments great control over individuals' financial lives. Dalio emphasized that CBDCs will not pay interest and the dollar will lose value, expressing that all transactions will be monitored by the government with no privacy. He noted that this system will provide tools such as tax collection, currency controls, and account closures for political reasons.

Ray Dalio talks CBDCs with Tucker Carlson. Source: YouTube

US President Donald Trump signed an executive order in January 2025 banning the establishment, issuance, and use of a US CBDC. According to Atlantic Council data, only Nigeria, Jamaica, and the Bahamas have officially launched CBDCs. 49 countries including China, Russia, India, and Brazil are in the pilot phase, 20 countries are developing, and 36 countries are conducting research. The Reserve Bank of India proposed an initiative to integrate BRICS CBDCs.

Critical Support and Resistance Levels for RAY

RAY (Raydium) is currently trading at $0.60, 24-hour change -%1.48. RSI at 27.17 is in the oversold region, overall trend is downward (Supertrend: Bearish, EMA 20: $0.7632).

  • Supports:
    • S1: $0.5010 (Score: 76/100 ⭐ Strong, -%16.22 distance)
    • S2: $0.5712 (Score: 65/100 ⭐ Strong, -%4.48 distance)
  • Resistances:
    • R1: $0.6158 (Score: 75/100 ⭐ Strong, +%2.98 distance)
    • R2: $0.6771 (Score: 66/100 ⭐ Strong, +%13.23 distance)

Click for RAY detailed analysis. Visit the RAY futures page for futures trading.

How Does Ray Dalio's CBDC Warning Affect RAY?

Dalio's privacy concerns highlight decentralized crypto projects like RAY (Solana ecosystem). Under CBDC pressure, DeFi tokens may become attractive. Recovery is expected at nearby supports.

Frequently Asked Questions About RAY

Why is RAY price falling? Downtrend and RSI oversold signal, S2 support is critical.

Do CBDCs affect RAY? Developments like Dalio's warnings can strengthen privacy-focused DeFi.

Is RAY a buying opportunity? Yes with RSI 27, but watch R1 resistance. For details, RAY spot analysis.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM

James Mitchell

COINOTAG author

View all posts

Comments

Comments