Analysis $RONIN

- The price has been consolidating between the levels of 1.793 (support) and 1.852 (minor resistance at 0.23 of Fibonacci). This consolidation suggests indecision in the market.

- The MACD shows a slight bearish signal, with the histogram in red and the moving averages crossing downwards. However, the magnitude is weak, indicating a lack of clear momentum in either direction. If the MACD turns upward, this could confirm a move towards the resistance levels.

- The RSI is at 51.17, suggesting neutral conditions. There are still no signs of overbought or oversold conditions, leaving room for the price to move in either direction.

Possible Scenarios:

- Bullish Scenario: If the price breaks the level of 1.852, we could see a move towards the resistance at 1.952. A breakout beyond this level would confirm a trend change and open the doors to 2.049 and possibly 2.119.

- Bearish Scenario: If the price fails to surpass the resistance of 1.852 and falls below the support of 1.793, we are likely to see a correction towards lower levels, possibly towards 1.750.