RONIN / USDT

RONIN Holds Potential for a 200%+ Rally!

503
Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

RONIN is in a downtrend and currently holds the support level between $1.337 and $1.434. The current price of RON is showing a rebound, and once it breaks out above the resistance trendline, we are likely to see a decent rally.

However, if RON gets rejected at the resistance trendline and breaks below the primary support, the lower support at $0.948 will need to hold strong.

Key levels:

- Primary Support: $1.337 to $1.434.
- Primary Resistance: $1.808.
- Entry: $1.337 to CMP.
- Lower Support/Accumulation: $0.948.
- Target: $3.5 to $5.

DYOR. NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.