{"id":478154,"date":"2024-02-05T14:35:18","date_gmt":"2024-02-05T14:35:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=478154"},"modified":"2024-02-05T14:35:18","modified_gmt":"2024-02-05T14:35:18","slug":"ronin-price-prediction-ron-soars-14-as-this-presale-project-based-on-thailands-tuk-tuk-accelerates-towards-1-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ronin-price-prediction-ron-soars-14-as-this-presale-project-based-on-thailands-tuk-tuk-accelerates-towards-1-million","title":{"rendered":"Ronin Price Prediction: RON Soars 14% As This Presale Project Based On Thailand’s Tuk Tuk Accelerates Towards $1 Million"},"content":{"rendered":"

The Ronin price has soared 14% in the last 24 hours<\/span> to trade at $3.47<\/span><\/a>  as of 11:44 p.m. EST on trading volume that skyrocketed 114% to $42.8 million.<\/span><\/p>\n

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.<\/span><\/p>\n

Ronin Price Breaks Bullish Pennant, Sustains Momentum<\/span><\/h2>\n

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RON\/USDT Analysis By Tradingview.com<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) rebounds on the 50 neutral position, surging above the overbought region of 70 to 81. <\/span><\/p>\n

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.<\/span><\/p>\n

Ronin Price Is Bullish Bias As Bulls Targets $4 Mark<\/span><\/h2>\n

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.<\/span><\/p>\n

However, the bears could intervene to drive the price downwards, which might cause the price to decline to $2.61 support.<\/span><\/p>\n

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.<\/span><\/p>\n

eTuktuk Presale Surpasses $786,000, Races Toward $1 Million Milestone<\/span><\/h2>\n

The eTuktuk presale<\/span><\/a> 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.<\/span><\/p>\n

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.<\/span><\/p>\n

The eTukTuk<\/span> 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. <\/span><\/p>\n

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1\/ Witness the groundbreaking transformation of Jammu's public transport!@TataMotors<\/a>, 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<\/a><\/p>\n

— eTukTuk (@eTukTukio) February 1, 2024<\/a><\/p><\/blockquote>\n