RONIN Holds Potential for a 200%+ Rally!Hello everyone, I’m Cryptorphic.
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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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