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Ronin token jumps 76% but faces key resistance at $0.108 for bullish continuation

Technical Signals
19 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Ronin (RON), a gaming token with an $85.9 million market cap, surged 76.26% on May 18, rising from $0.0851 to $0.150 before pulling back to $0.1108. The spike was accompanied by a massive 1,592% increase in daily trading volume and a 438% rise in Open Interest, signaling strong speculative interest. The token recently broke out of a three-month trading range but retested the breakout level around $0.108, which is now a critical support point. If RON holds above this level, it could rally further to $0.165 and $0.19, but falling below $0.099 might lead to a retracement to previous lows near $0.085. Bulls need to maintain buying pressure to sustain the rally amid mixed technical signals.

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