📈 Analysis and forecast for $RONIN : further prospects 🚀
As of May 23, 2025, 14:12 EEST, the price $RONIN on Binance is $0.736, with a rise of 0.4% in the last 24 hours. The trading volume for the day is around $40M, market capitalization is $480M (with a circulating supply of 654M RON). Sentiment on X is neutral: users are discussing weak dynamics and are waiting for catalysts from the Ronin ecosystem.
Technically, $RONIN is in a sideways trend with signs of correction. On the 4-hour chart, the price is close to the 50-day moving average ($0.73), and the RSI (14) at level 50 indicates neutral momentum. Key levels: support — $0.70, resistance — $0.75. A breakout at $0.75 could push the price to $0.80, but a drop below $0.70 would increase pressure towards $0.65.
Forecast: in the short term (by the end of May) RONIN could reach $0.80 with an increase in volume and positive news. By July 2025, a correction to $0.65 is possible due to weak dynamics. The long-term target for 2026 is $1.50+, provided there is an increase in interest in the Ronin blockchain and the Axie Infinity ecosystem. Fundamentally, Ronin remains promising due to scalability and support from Binance Labs, but competition in the GameFi sector is high.
Further prospects? After a 0.4% rise and the current price of $0.736, upward movement is possible with a breakout at $0.75. For entry, it is better to wait for trend confirmation. For holders: profit-taking is justified when reaching $0.80. Keep an eye on news about Ronin's development and volumes — the market is volatile! #RONIN #Binance #CryptoAnalysis