Ronin (RONIN) Bearish Price Structure, Support and Resistance

RONIN market structure, key levels, and derivatives interpreted from closed daily data, and explaining its behavior relative to the broader crypto market.

As of 2026-05-29 | Symbol RONIN | Last closed price 0.077
Last closed price
0.077
Closed daily candle only, no live price.
365 day range
0.0758 to 0.6851
Based on the last 365 closed daily candles.
Key levels (55D)
0.0758 / 0.1365
Support is lower, resistance is upper.

Price Position and Structural State

Ronin (RONIN) closed at 0.077 USDT on May 29, 2026, down 3.27%. The asset now sits in a bearish structure. Price entered this structure after closing below 55-day support at 0.0809 USDT on May 28, 2026. Current 55-day support is near 0.0758 USDT, with resistance near 0.1365 USDT. A daily close above MA14 at 0.093186 USDT would weaken the regime and shift price back into sideways.

Breakdown Context: several-Session Support Pressure

Ronin spent about several sessions consolidating above the 0.0809 USDT support level before a breakdown closed below it. This confirmed the bearish structural transition. The compression period shows sustained pressure at the support level, where repeated attempts to hold failed until sellers took control and pushed the price lower.

Moving Averages and Trend Context

RONIN is trading below all key moving averages. MA9 at 0.087511 USDT stands as the first moving-average resistance area to watch. Price sits 20.19% below MA50, within its historical distance range of -47.48% to 43.68%. The moving-average structure is bearish without showing extreme downside extension. RONIN recently closed below its prior 55-day low, shifting its structure into a bearish regime. MA50 is declining at +0.39% over 10 days, but MA100 remains at -1.00% over 20 days, showing the breakdown has short-to-medium-term moving-average alignment but has not yet pulled longer-term averages lower.

Trading Friction and Price Efficiency

RONIN shows moderate trading friction, with a 3-day friction score of 47.8. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.

Open Interest, Funding, and Positioning

Open interest fell sharply -12.57% in one day, showing a major reduction in futures exposure. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.

Funding is negative on the 24-hour average at -0.026546%, with the 7-day average also negative at -0.025686%. This shows sustained short-side cost pressure across both short and medium windows.

The long/short ratio is 0.56 and has moved below its 180-day range. This means short accounts dominate, with the long/short reading near the low side of recent history.

Correlation, Beta, and Index Relationship

RONIN shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.

Correlation, Beta, and R² by Window
Relationship metrics compare this asset with the Sigloid Index across closed daily data windows.
WindowCorrelationBetaRead
30D0.3351.780.112Moderate linkage
60D0.3751.2450.141Moderate linkage
180D0.5751.0490.33Moderate linkage

Momentum, Volatility, and Indicator Pressure

RONIN is showing wider movement, but participation is not fully backing it. ATR% reads 12.17, close to the top of its 90-day range, while Bollinger Band width% reads 52.11, above its 90-day range. 20-day Volume Z-score is -0.34, showing near-normal participation.

Momentum is weaker. RSI is 37.66, ROC14 is -20.21%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.

The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.

Broader Market Regime

The Sigloid Index remains in a sideways regime, showing no clear broad market direction. RONIN has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.

Key Levels for the Next State Change

For RONIN, the next structural shift depends on key levels. Staying below MA14 at 0.093186 USDT keeps the current trend intact. A daily close above MA14 would weaken the structure and push price back into a range, while a confirmed break above 55-day resistance at 0.1365 USDT would establish a bullish regime.

Ronin (RONIN) Historical Chart and Market Context

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Chart Description

The Ronin (RONIN) chart includes historical daily price data, RSI, MACD, moving averages, distance from key moving averages, ATR%, Bollinger Band width%, volume, open interest, funding, and long/short positioning. It also adds structural and statistical context, including 55-day price range position and historical range positioning for ATR%, Bollinger Band width%, open interest, and long/short ratio across 30-day, 60-day, 90-day, 180-day, and full-history windows. In addition, it provides multi-timeframe rolling correlation, beta, and R² versus the Sigloid Index, Bitcoin, and Ethereum, helping evaluate trend structure, volatility conditions, derivatives positioning, and broader market relationships in a single research view.

Research FAQ

Frequently Asked Questions

Short answers based on closed daily structure, volatility, derivatives, and Bitcoin relationship data.

What is the current market structure for RONIN?+

RONIN is currently in a bearish structure based on closed daily data. Sigloid treats this as a breakdown below the prior 55-day range until price reclaims structure.

What are the key support and resistance levels for RONIN?+

RONIN's nearest resistance is MA9 near 0.087511 USDT. Possible support is near 0.050672 USDT, estimated from historical downside distance from MA50; ATR% and Bollinger Band width% are already elevated, so extension risk carries more weight. If the asset has limited trading history, this estimate can be less reliable.

What would change the current RONIN structure?+

The bearish structure would weaken if RONIN reclaims its key moving-average base or closes back inside the prior range. A stronger bullish shift would need a close above 55-day resistance near 0.1365 USDT.

What do momentum and volatility show for RONIN?+

RONIN's momentum is mixed. RSI reads 37.66, ROC14 is -20.21%, while ATR% and Bollinger Band width% show the current volatility backdrop.

What do open interest and long/short positioning show for RONIN?+

Open interest and positioning show balanced participation. OI changed -12.57% over one day, while the long/short ratio reads 0.56.

How correlated is RONIN with Bitcoin?+

RONIN currently shows weak linkage with Bitcoin on the 30-day window. Correlation is 0.19, beta is 1.23, and R² is 0.04.

Is Sigloid's RONIN analysis based on live price?+

No. Sigloid's daily RONIN analysis uses closed daily market data, not live intraday price. Live structure changes are tracked separately on the Live Events page.

Data notes

Data source: Binance futures market data. Indicators use closed daily candles only.

Disclaimer: Research context only. Not financial advice. No prediction. Crypto markets are risky.