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The Ronin price has soared 14% in the last 24 hours to trade at $3.47 as of 11:44 p.m. EST on trading volume that skyrocketed 114% to $42.8 million.
The surge in price has followed a nearly parabolic trajectory, with minimal retracement for RON, with a price increase of 31% in the last seven days. The market capitalization for RON now stands at $1 billion.
Ronin Price Breaks Bullish Pennant, Sustains Momentum
RON/USDT Analysis By Tradingview.com
The Ron price has found anchor support at $0.43, which has helped the bulls regroup and drive the price upwards, forming the bullish pennant pattern.
Despite the small period of consolidation, the bulls have gathered enough force to ride on the wings of the bullish pennant, which signals a continuation of the bullish trend for traders, reaching the $3.47 high.
The technical indicators support the momentum as the price trades above the 50-day and 200-day simple moving averages(SMA) with a moving average cross at $0.73, affirming the bullish momentum.
Furthermore, the Relative Strength Index (RSI) rebounds on the 50 neutral position, surging above the overbought region of 70 to 81.
The MACD is generally bullish, trading above the neutral position as the blue MACD line crosses the orange signal line upwards. At the same time, the histogram has entered the positive zone, indicating intense buying pressure for the Ronin price.
Ronin Price Is Bullish Bias As Bulls Targets $4 Mark
The RON price is generally bullish, receiving support from the technical indicators. If the bulls maintain the bullish momentum, the price could reach the $4 high. A further push above this level could see the price touch the $4.45 level.
However, the bears could intervene to drive the price downwards, which might cause the price to decline to $2.61 support.
Meanwhile, if you missed the RON price surge, you can join the eTuktuk presale, which is surging remarkably in its funding, attracting many investors as it promises lucrative returns on investment through its staking and play-to-earn features.
eTuktuk Presale Surpasses $786,000, Races Toward $1 Million Milestone
The eTuktuk presale continues to add more capital, attracting new investors who are eyeing potential 10X returns. The presale has secured over $786k as it races to achieve the $1 million mark with its soft cap set at $844,000.
You can join other investors and buy the TUK token at a discounted price of $ 0.02625 before the price increases in about eight days.
The eTukTuk team has designed the project to transform the transportation industry in developing countries. To achieve this, the team plans to introduce electric TukTuks (small three-wheeled vehicles) and set up a network of environmental charging stations.
1/ Witness the groundbreaking transformation of Jammu's public transport!@TataMotors, India's vehicle giant, has just rolled out a fleet of Ultra EV air-conditioned electric buses for Jammu Smart City 🧵⚡ pic.twitter.com/TUAwJHlMaz
— eTukTuk (@eTukTukio) February 1, 2024
The aim is to reduce pollution, make the environment healthier for people, and include more people in the economy through the use of the eTuktuk token (TUK), which operates on the Binance Smart Chain, using a decentralized sharing economy model for scalability, security, and efficiency.
Explore the full potential of our project and discover how to join our token sale in this insightful article by @cryptonews https://t.co/rJ48D2J48p
— eTukTuk (@eTukTukio) January 29, 2024
Get A Chance To Stake And Play-To-Earn, Unlock Passive Income
You can earn rewards by staking your $TUK tokens for an annual pay yield of 282%. The current block per BSC stands at 4.75 with over 17 million TUK tokens already staked.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
The team also plans to launch a play-to-earn game where you can play and earn rewards. The game, similar to Crazy Taxi, will require you to pick up and drop off passengers on the bustling streets of Sri Lanka, allowing you to earn $TUK tokens by completing missions and ferrying passengers to various locations.
eTukTuk is also ranked by analysts as among the best alt coins to invest for maximum gains. To get more insight into buying and benefiting from eTuktuk, watch YouTube crypto analyst Alessandro De Crypto, who provides more detailed information about the project. He says it’s best to buy early for the highest returns.
https://youtu.be/DDU_5iXPzkA
To buy the TUK tokens and join the presale, visit the official eTukTuk website, where you connect your wallet to enable you to swap your BNB or USDT for $TUK tokens. You can also buy directly using your bank card.
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