Ethereum

Ondo

Strong

Worldcoin

Resistance

<p>The crypto markets have seen contrasting movements lately, with Worldcoin (WLD) showing potential bearish signals and Ondo Finance (ONDO) experiencing a price rally due to increased adoption. WLD’s price has continued its downtrend, breaking below a key resistance zone, while ONDO has surged, driven by growth in its Total Value Locked (TVL) on the Ethereum chain.</p>
<h2 class="wp-block-heading" id="strong-wld-price-analysis-strong"><strong>WLD Price Analysis</strong></h2>
<p>YG Crypto, a notable analyst,&nbsp; <a href="https://x.com/ygcrypto/status/1791903300532707350" target="_blank" rel="noopener noreferrer nofollow">highlighted the bearish flag pattern</a> in Worldcoin’s chart. According to his tweet post, WLD’s price has dropped below the key resistance zone of $5.63 to $6.13, signaling a potential bearish continuation. As of now, the price of WLD is <a href="https://www.coingecko.com/en/coins/worldcoin" target="_blank" rel="noopener noreferrer nofollow">$4.91</a>, reflecting a 1.90% decline in the past 24 hours and a 15.33% decline over the past week.</p>
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<p>However, market sentiment might shift, potentially triggering a price reversal. Investors should watch for a breakout above the resistance zone to signal a trend reversal, while a break below could indicate further decline. Monitoring trading volume is crucial to confirm the strength of any price movement. Increased volume on a breakout would suggest a strong market sentiment shift.</p>
<p>The key question remains: Are investors bullish or bearish on WLD? The breakout direction and corresponding trading volume will provide clearer signals of market sentiment and potential future movements.</p>
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<h2 class="wp-block-heading" id="strong-ondo-finance-adoption-and-price-dynamics-strong"><strong>Ondo Finance: Adoption and Price Dynamics</strong></h2>
<p>Gerhard from the Bitcoin Strategy YouTube channel provides an in-depth analysis of Ondo Finance, focusing on its recent performance and adoption metrics.&nbsp; A key factor driving Ondo Finance’s price increase is the substantial growth in its Total Value Locked (TVL). The TVL has more than doubled since March, particularly on the Ethereum chain.&nbsp;</p> <iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/ast4_EeiPEA?si=YYGxKXMDfiyOOBAS" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<p>This increase reflects growing trust and adoption among investors. Gerhard notes that Ondo’s price has risen from $0.28 to over $1, highlighting its notable growth trajectory. However, at press time, according to data from CoinGecko, ONDO trades at <a href="https://www.coingecko.com/en/coins/ondo" target="_blank" rel="noopener noreferrer nofollow">$0.9602</a>. This represents a 6.60% decline in the past 24 hours but a 22.93% increase over the past week.</p>
<p>In the short term, Gerhard identifies potential volatility due to an upcoming increase in the token supply in mid-January. This could lead to speculative trading and price fluctuations. However, the ongoing accumulation by small and medium-sized retail investors indicates strong community support.</p>
<p>While whales have decreased their holdings by 3%, small retail investors have increased their holdings by 20%, and medium-sized investors by 12%.</p>
<p><strong><em>Read also:</em></strong> <a href="https://captainaltcoin.com/is-ethereum-eth-at-risk-against-bitcoin-why-this-crypto-analyst-urges-calm-amid-btc-euphoria/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Is Ethereum (ETH) at Risk Against Bitcoin? Why This Crypto Analyst Urges Calm Amid BTC Euphoria</em></strong></a></p>
<h3 class="wp-block-heading" id="strong-market-manipulation-and-long-term-outlook-strong"><strong>Market Manipulation and Long-Term Outlook</strong></h3>
<p>Gerhard warns of possible market manipulation, especially in the Perpetual Futures market on Binance, which could lead to unstable price movements. Despite these short-term risks, he remains optimistic about Ondo Finance’s long-term potential, believing it can outperform Ethereum. However, investors should remain cautious of potential dips below $1 due to market manipulation.</p>
<p>The analysis of WLD and Ondo Finance reveals contrasting market dynamics and investor sentiments. While WLD faces a potential bearish continuation, the possibility of a trend reversal remains. On the other hand, Ondo Finance shows strong growth and adoption, with short-term risks that investors need to consider.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/will-worldcoin-wld-break-resistance-or-dip-further-ondo-finance-ondo-surges-with-strong-tvl-growth/" rel="noopener noreferrer nofollow">Will Worldcoin (WLD) Break Resistance or Dip Further? Ondo Finance (ONDO) Surges with Strong TVL Growth</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Will Worldcoin (WLD) Break Resistance or Dip Further? Ondo Finance (ONDO) Surges with Strong TVL Growth

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