Ray Dalio Warns CBDCs Threaten Privacy; RAY Technicals Oversold
Billionaire Ray Dalio told Tucker Carlson that central bank digital currencies (CBDCs) are likely inevitable and will concentrate government control over financial activity by removing transaction privacy and enabling tools such as direct taxation, capital controls and politically driven account freezes. Dalio expects CBDCs will probably not pay interest and warned they could weaken the dollar’s purchasing power. The report cites Atlantic Council data: Nigeria, Jamaica and the Bahamas have fully launched CBDCs; 49 countries (including China, Russia, India and Brazil) are piloting; 20 are developing; 36 researching. It also notes the Reserve Bank of India has proposed BRICS CBDC integration and cites a U.S. executive order (January 2025) banning a U.S. CBDC issuance and use, making near-term U.S. rollout unlikely. Paired market commentary examines Raydium (RAY): price near $0.61, 24h volume about $1.43M, bearish trend with RSI ~27–28 (oversold). Key technical levels: supports $0.50–$0.58, resistances $0.62–$0.79, pivot $0.6113, EMA20 ~$0.7632. Analysts suggest CBDC debate could increase interest in privacy-focused DeFi tokens like RAY. Short-term bounces are possible from nearby supports, but the overall downtrend and low-volume conditions indicate continued downside risk. This is market commentary and not investment advice.
Bearish
The combined news mixes macro policy risk (CBDC adoption and government controls) with technical analysis of Raydium (RAY). For RAY specifically, technical indicators point to a bearish near-term outlook: low price ($0.61), low volume (~$1.43M 24h), RSI ~27–28 indicating oversold but within a continuing downtrend, EMA20 well above current price, and defined resistances that are not yet challenged. While Dalio’s CBDC warnings could increase interest in privacy-oriented DeFi tokens — a potential tactical catalyst — that narrative is speculative and likely to produce short-lived relief rallies rather than sustained upside without stronger volume and trend reversal signals. The U.S. administrative stance against a CBDC reduces near-term policy-driven demand in the U.S., although global CBDC developments (pilots and launches) keep the privacy narrative active. Therefore, expect short-term bounces at $0.50–$0.58 supports but continued downside risk until price breaks above EMA20 and the $0.62–$0.79 resistance zone with meaningful volume confirmation. This justifies a bearish classification for RAY’s price impact.