A Breakout Opportunity in Sight!

Ronin (RON) is a blockchain platform for gaming. It was made by Sky Mavis, who also made Axie Infinity, a very popular game. The platform can handle many users and transactions for games. It is fast and cheap to use. 

It has many users and a lot of money locked in it. It also has a lot of NFT trading activity. Ronin is better than other blockchains for gaming. It is more focused and less wasteful. 

Furthermore, Ronin is green and uses less energy than Bitcoin. It is backed by Sky Mavis, who knows how to make and grow games. Sky Mavis helps other games to launch on Ronin.

Ronin Trend Analysis

The Ronin crypto exhibits a super bullish outlook over the weekly chart. The bulls are aggressive, which may be observed on the charts too. The weekly RON/USD chart witnesses all green weeks except for just a single red week. 

It indicates the bulls’ strength, which may continue until the price reaches a major supply zone or faces strong selling pressure. The overall crypto market is rising and it has helped RON overcome its previous decline and close the year with a positive note. 

Furthermore, the RON crypto price performance may outperform several top 100 cryptocurrencies that are in the top gainers list. The RON price is up over 22.5% a week and 328.4% a month. Moreover, the price has added a massive 641% to its market cap on a year-to-date basis. 

Ronin Price Prediction 2023

The price prediction for 2023 showcases a neutral to bearish outlook in the short term. The most optimistic forecast of the analysts hopes for a maximum upside potential of 22.9%. The RON token’s price could reach a high of $2.39 on the most positive side.

Moreover, the average forecast of the analysts expects the price to reach a high of $2.17 by the end of the year. Whereas, the most pessimistic view of analysts expects the price to drop to $1.427.

Ronin Price Prediction 2024

As per our analysts, the most optimistic target that the RON token may achieve is $3.709. That suggests an upside potential of 88.6% from the CMP. The average analyst price target to be attained is $3.165 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $2.845.

Ronin Price Prediction 2025

According to the most optimistic analysts’ projections, the RON price could reach up to $5.72 in the next three years as its highest value. The price may surpass $5.055 according to the average forecast of the analysts. The minimum forecasted price by the end of 2025 is $3.91.

Ronin Price Prediction 2026 

The price analysis for the year 2026 shows that the RON cryptocurrency may achieve $7.944 as the highest price. The bearish view of the analysts expects the price to reach a low of $5.671 by 2026. 

Ronin Price Prediction 2027

The most bullish analysts foresee a potential value of $9.21 by the year 2027. A minimum price target that the RON crypto may achieve by 2027 is $7.39. 

Ronin Price Prediction 2028

The price forecast of the RON crypto shows that it may reach a high of $12.96 by 2028 if the most optimistic condition prevails. By 2028, the analysts’ lowest forecast for the Ronin price is $9.86.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages ​​and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.