Ondo

The post <a href="https://coinpedia.org/price-analysis/ondo-price-achieves-a-new-all-time-high-will-ondo-hit-1-this-week/">ONDO Price Achieves A New All-time High! Will Ondo Hit $1 This Week?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The ONDO token has recorded a new all-time high of $0.9510 today, highlighting a massive bullish influence in the crypto space for this altcoin. Further, it continues to record massive price action, resulting in receiving significant attention from investors. 
After displaying a neutral sentiment for a period, the ONDO price gained significant attention from the crypto industry, resulting in the altcoin breaking out of the resistance level. The token then traded sideways for the next week, indicating a weak price action for the coin. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/4cKNoVzlXxlPGTLDXU9nyS8_ZJGyCKFedO6zW2TdPDHQM3LFQULsE91BvZkPIHks5ZCEua18X-34uvK6Gr4j_e6KUiCCFNK01tjNAzZZdgYpxrUO7VsoAUIwcqJhmaUI7tMzEDrLXV3UXgpETCsr5IA" alt="ONDO Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: ONDO/USDT
 </figcaption>
</figure> 
The market volatility grew, and the bulls successfully recorded a top of $0.682, after which the price faced rejection and started trading under a bearish influence. The Ondo coin price recorded a loss of 41.72% over the next eleven days. 
After testing its low of $0.384, the bulls regained momentum and recorded a jump of 111.45% within the next two days, following which the price traded in a closed range for a while. Recently, the bulls jumped over 30%, resulting in the ONDO token successfully recording a new ATH. 
The technical indicator, MACD, shows a constant uptrend in the green histogram, highlighting an increased buying-over-selling pressure in the crypto market. Moreover, the averages show a rising pattern, suggesting the price will continue gaining value this week. 
Also Check Out: <a href="https://coinpedia.org/price-analysis/after-memecoin-mania-ai-buzz-this-could-be-the-next-big-thing-in-crypto-ondo-these-altcoins-likely-to-thrive/">After Memecoin Mania, AI-Buzz, This Could be the Next Big Thing in Crypto: ONDO &amp; These Altcoins Likely to Thrive</a> 
<h2 class="wp-block-heading" id="h-will-ondo-price-go-up">Will ONDO Price Go Up?</h2> 
If the market holds the price above the support level of $0.944, the bulls will continue to gain momentum and test its $1 mark. Maintaining the price at that level will set the stage for the ONDO price to attempt to test its upper resistance level of $1.20 in the upcoming weeks. 
Conversely, a bearish trend reversal may pull the price toward its support level of $0.812. Further, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $0.682 in the coming time.

ONDO Price Achieves A New All-time High! Will Ondo Hit $1 This Week?

Mục lục

CoinPedia News

Các bài viết khác được xuất bản trên 25 thg 3, 2024

Stellar Launches Upgrade as Litecoin Aims for Price Stability; Rebel Satoshi ($RBLZ) Presale Earn...

230% Surge Incoming for AI Altcoin As Markets Bounce Back, According to Veteran Crypto Trader

With Dogecoin Up 15% This Week, This Doge-Related Meme Coin Crossed $8.5 Million In Funding – Why...

Avalanche (AVAX) Has Announced A Partnership With Chainlink And ANZ

Theta Network Among Top Crypto Gainers As New VR Coin 5th Scape Raises $2M

Binance to be blocked in the Philippines by regulatory watchdogs

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!