Katana DEX & Pixels Can’t Save RON – Is $0.50 Resistance Next Barrier?
Current Status of Ronin (RON): Ronin is experiencing a bearish trend with a current trading price of $0.4686, reflecting a significant decline over the past week and month, while technical indicators suggest strong sell signals and low trading volume.
Future Prospects and Developments: Despite challenges, Sky Mavis is focusing on developing new Web3 games and NFT projects through its Ronin Builders Program, with speculation about potential new titles linked to RON, although no specific timeline has been confirmed.
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Technical Analysis for AXS
Technical Sentiment Analysis for Axie Infinity (AXS) As of , Axie Infinity (AXS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AXS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AXS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Axie Infinity (AXS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.0672 | 0.549 | 1.062 | 1.678 | 2.191 | 2.807 | 3.32 |
| Fibonacci | 0.549 | 0.98 | 1.247 | 1.678 | 2.109 | 2.376 | 2.807 |
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