HomeNewsKatana DEX & Pixels Can't Save RON – Is $0.50 Resistance Next...

Katana DEX & Pixels Can’t Save RON – Is $0.50 Resistance Next Barrier?

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  • Ronin sidechain powers Axie Infinity GameFi but suffers low trading volume, descending channel signals no clear bottom reversal.
  • Speculation mounts around Sky Mavis launching new titles tied directly to RON, though no timeline confirmed this quarter.

Ronin (RON) is currently trading at $0.4686, showing a minor daily decline of -0.59%, but the broader trend is strongly bearish. In the past week, RON has dropped -19.56%, and its monthly performance reflects a sharper loss of -29.45%.

RONUSDT_2025-06-18_11-55-56
Source: RONIN/Tradingview

Over the past year, the token is down -33.06%, indicating continued weakness despite sporadic rallies. The token hit its all-time high of $0.8192 on March 26, 2025, and is now trading just above its record low of $0.4624, reached in April 2025 — suggesting that the asset is currently near a critical long-term support zone.

Ronin is the Ethereum sidechain originally built by Sky Mavis, designed to power Axie Infinity and other blockchain games with low fees and high throughput. Despite its early GameFi dominance, both Axie and Ronin have struggled to maintain relevance as play-to-earn (P2E) enthusiasm waned.

However, the chain is still being developed and has pivoted to attract new Web3 games and NFT projects, with Sky Mavis promoting its Ronin Builders Program to incubate third-party developers.

In recent updates, Ronin has maintained relatively low trading volume — just $9.07 million in the last 24 hours — and technical indicators are flashing strong sell signals across oscillators and moving averages.

Bearish sentiment dominates, and the token remains trapped in a descending channel, with no confirmation of a bottom reversal. The next critical support to monitor is $0.45, while any upside recovery would face immediate resistance at $0.52–$0.60, where past breakdowns have occurred.

Despite price action, the Ronin ecosystem continues to evolve, with Katana DEX still live and a few games such as Pixels maintaining moderate user activity. There is speculation that Sky Mavis could launch a new title or in-game economy tied more directly to RON rather than SLP/AXS, but no timeline has been confirmed.

The chain’s low fees and familiarity within the gaming community keep it relevant, but its comeback depends heavily on developer traction and fresh user acquisition.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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