RONIN buy setup (1D)It seems to be forming a large triangle.
The final wave of this triangle (wave E) could complete in the green zone.
We are looking for BUY/LONG positions in this green zone.
Targets are marked on the chart.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Ronin
RON to new ATHBINANCE:RONINUSDT Ronin is the most used gaming blockchain in the world, boasting over 100k daily active users and has previously peaked at 1 million DAU. Their curated game library is growing and retention numbers are strong.
BINANCE:RONINUSDT Ronin will be opening up in Q1 2025 allowing any developer to utilise its blockchain for deploying contracts, games, nfts and more.
The fundamentals are solid leading into Q1 and expecting the price to continue climbing unless there's a black swan event where BINANCE:BTCUSDT and COINBASE:ETHUSD drop heavily.
RONIN Holds Potential for a 200%+ Rally!Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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~ Identifying altcoins with 10x-50x potential.
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~ 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.
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Will #RONUSDT Trigger a Massive Bullish Rally or Face a Steep DeYello, Paradisers! Are you prepared for a potential game-changer with #RONUSDT? Let's dive into what's brewing beneath the surface.
💎#RON is flashing signals of a possible bullish continuation from a crucial support zone at $1.509. We've observed #RONIN navigating a descending channel for an extended period. Recently, after regaining momentum at this key support, it's positioning itself to break above the resistance level.
💎If the price holds strong at the $1.509 support, there's a high probability of a bullish surge. Should #RONUSDT break through the descending resistance, it could target the strong resistance zone and possibly go beyond. However, if the momentum falters at this critical support, we might see a bullish rebound from the lower demand zone around $1.349.
💎Stay sharp and keep a close watch on #RON's price action. A breakdown below the demand area, confirmed by a daily close, could put the bullish outlook at risk and lead to further declines.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
RON - A reversal with a leading breakout is expected to push the#RON/USDT #Analysis
Description
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+ Price has hit the support zone around 1.5 price range.
+ A strong reversal can be expected from the support zone which gives a good opportunity for a long trade.
+ Enter a long trade only after the price reversal.
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VectorAlgo Trade Details
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Entry Price: 1.6
Stop Loss: 1.14
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Target 1: 1.848
Target 2: 2.320
Target 3: 2.752
Target 4: 3.658
Target 5: 5.308
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Analysis of currency RON#Analysis of currency RON Time 1W
In the weekly time, the price has broken an important resistance level and is pulling back to this area of $2. Probably, the price will suffer a little and then we can wait for the start of the upward trend after seeing the entry trigger from the specified area.
RONIN LOOKS BEARISHConsidering the bearish CH and following the flow of bearish orders, it is expected that the price will move towards the indicated TPs.
Also, at the bottom of the chart, there is a liquidity pool (which we marked with $$$) that may be swept.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
RON/USDT descending channel bullish horizons? 👀 🚀 RON💎 Paradisers, get ready for an exciting journey with #RONUSDT! It's currently making its mark in a demand zone, hinting at a promising bullish path ahead.
💎 Recently breaking free from a descending channel, #RON is on an upward trajectory. At this point, #RONIN is gathering steam for a bullish surge from the $2.662 demand zone, aiming to push past significant supply barriers.
💎 If the bullish momentum continues, we anticipate CBOE:RON challenging the current supply zone. Piercing through could mean setting its sights on conquering higher supply levels.
💎 On the flip side, if #RON encounters resistance and loses steam, a bullish push from the $2.480 demand level might be in play. A fall beneath this level could lead to a notable decline.
LINKUSDT|Important areas and roadmapHi guys
You can see the popular currency chart link in the daily time frame.
I have identified the important areas of supply and demand for you.
Although we have crossed the range area and we have a close candle above this area, but it is placed on an important daily supply area and also the return candle has stabilized.
To ensure the continuation of the uptrend, we need to wait for the daily supply area to break.
In the second scenario, we can enter selling positions in small time frames by seeing reversal patterns.
For the growth of the link, if he gives us a confirmation, we can expect to go up to the target (25.6-2703).
SUPPLY ZONE (17.2-18.2) - (17.8-18.8) - (25.6-27.3)
DEMAND ZONE (15-15.5) - (13.5-14.5) - (11.7-12.3)
RONUSD Pull-back expected.Ronin (RONUSD) hit the top (Higher Highs trend-line) of the 1-year Channel Up. This is the 2nd Bullish Leg of the pattern and is technically expected to peak at +635%, same as the April 10 2023 Higher High. We expect at least a -47.27% decline towards the 1D MA100 (red trend-line), targeting 1.5000.
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👇 👇 👇 👇 👇 👇
#AXS/BTC 1D (#Binance) Falling wedge breakoutAxie Infinity just regained 20EMA support in satoshi, looks ready for a small recovery towards 100EMA.
⚡️⚡️ #AXS/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 11.0%
Current Price:
0.0002580
Entry Targets:
1) 0.0002611
Take-Profit Targets:
1) 0.0003049
Stop Targets:
1) 0.0002345
Published By: @Zblaba
NYSE:AXS #AXSBTC #AxieInfinity #P2E #NTF #Ronin axieinfinity.com
Risk/Reward= 1:2
Expected Profit= +18.2%
Possible Loss= -9.1%
Ronin surges by 30% in a day amid upcoming token unlockToken unlocks
A bullish sentiment has dominated the start of the new year, with Bitcoin up 39% since January 1. With token unlock events going live, some prominent altcoins are also gaining ground, with BTC prices rising.
Axie Infinity (AXS), based on Ronin, surged by 40% before releasing $64 million worth of AXS-locked tokens. The decentralized derivatives exchange dYdX‘s cryptocurrency gained more than 60% this month before its token unlocking event on Feb. 2.
By gaining more than $250 billion since Jan. 1, cryptocurrency market capitalization has crossed the $1 trillion mark, with speculative altcoins playing a part.
From 0.19$ last November 2022, RONIN token is now at 1.050$ ++ and filling up the imbalances from the last year downtrend
Ronin Network Staking $RON $AXSDon't think I'll take this trade (simply because I think there are better trades out there), but I like the thought-experiment around $RON staking coming early next year, what that means for $AXS outflows and where price could go. The fib extension and 10 cents price marker represents a further and healthy 50% drop, and if the timing is right, potentially seeing that AXS → RON sell-off as tribal followers think RON will do another crazy move like AXS did and exchange into it.
North Korea May Be Behind AXS/RON HackFrom the Wall Street Journal:
"U.S. law enforcement linked the Lazarus Group, an online crime syndicate connected to the North Korean government, to the $540 million hack of the online game Axie Infinity last month.
The theft, infiltrating the network upon which the game is run, was one of the largest in the 13-year history of cryptocurrencies. The perpetrators stole 173,600 ether and 25.5 million of the stablecoin USD Coin, or USDC, worth about $540 million at the time of the attack."
www.wsj.com
$RON (RONIN Network) Swing Long Set Up 45% PROFIT!I am quite speechless about what $RON did, I did expect this coin to consolidate for a few weeks however, it has hit TP1 2.0 and TP2 2.25, and TP3 2.5.
I...Told...You...So...
Previous Signal Given:
Entry: 1.6 - 1.7
Target: 2.0 - 2.25 - 2.5 - 2.75 - 3.0+
SL: 1.44
I do expect a pullback
Hacked? The Problem With Cross-Chain Tokens and PlatformsLately there has been an increase in hacking activities in crypto and Web3 related projects as whole, as hackers target smaller projects and platforms to siphon money out of vulnerable systems.
To be clear, none of the major protocols or coins has EVER been breached - Bitcoin, Ethereum, Dogecoin, Tezos, etc. The protocol has always been safe, and decentralized. But individual projects and platforms (including DAOs and DeFis) might be vulnerable.
Crypto projects get hacked in two main ways:
1) For efficiency/speeds, crypto projects built on top of certain blockchains often have to be centralized to some extent in order to get the results needed. This often leads to vulnerabilities that can be targeted by hackers (ex. 1 login/password that gives the intruder access to everything).
2) 51% attacks - if the hackers are willing to front enough money to own 51%+ of the tokens, they can use that leverage to basically control the whole blockchain for their own purposes at any time. This gets more difficult as the network grows (since it becomes more expensive to reach 51%+) but smaller blockchain projects are vulnerable to these types of attacks since it requires much less resources than trying to target larger networks. (The major coins out there are basically impossible to 51% attack at this point.)
Because Web3 projects is still in its early stages at this point, breaches like these may become more commonplace and people may end up losing a lot of money if they're not careful. Buyer beware, either way.
According to Vitalik, the solution to this problem is Maximalism a "healthy intolerance" of other forms of thinking. (This is an April Fools joke, just in case. lol)
vitalik.ca
RON (RONIN Network) Swing Long Set Up / Price PredictionThis is just really a hunch but I believe a 1 month accumulation period for Ronin Network will occur after this 30% move to the downward side, and once this period has concluded my thesis is that volume will start to come into this coin smashing it right through $2.5
Entry: 1.6 - 1.7
Target: 2.0 - 2.25 - 2.5- 2.75 - 3.0+
SL: 1.44