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The Ronin crypto bounced back from the 50-day EMA and halted the further downfall, indicating the presence of buyers near the dynamic support.
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At the time of writing, the RON crypto price was trading at 2.79 USD with an intraday gain of 0.82%.
Ronin crypto stages a recovery in the last couple of sessions after falling back to back three sessions. The short term outlook shows bears’ dominance at higher levels as the dynamic support of 20-day EMA has been broken.
Moreover, the buyers are trying to stabilize the price near the 50-day exponential moving average as the crypto has halted the further fall. The price still hovers higher than the previous swing low of $2.44 level, suggesting the long-term trend is still on the positive side.
Earlier, the RON crypto was headed higher, forming an upward trajectory. The key exponential moving average of 20-day has been acting as a dynamic support for the crypto and helping the crypto surpa
We współpracy z: https://www.thecoinrepublic.com/2024/03/02/ronin-crypto-rebounds-from-50-ema-is-ron-up-for-a-big-move/
