Ondo

Flow

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ondo-price-reaches-all-time-high" data-wpel-link="internal" rel="noopener noreferrer nofollow">ONDO Price Reaches All-Time High</a><br></p>
<p style="text-align: justify">Ondo (ONDO) has seen a significant price movement, reaching its highest value ever after a bullish run over the past 24 hours. The cryptocurrency experienced a more than 10% increase, placing it second on CoinMarketCap’s top gainers list for the day.</p>
<h2 id="how-has-ondo-price-changed">How Has ONDO Price Changed?</h2>
<p style="text-align: justify">ONDO’s price began to rise after finding support at its lowest level of $1.22 in the past day. The recent surge aligns with a broader trend seen over the last month. From a low of $0.7369, ONDO’s price has increased by over 74%.</p>
<p style="text-align: justify">At the time of writing, ONDO continues to trade at its peak value of $1.40687. This represents a 10.46% increase from its support level and marks a staggering 1520% rise from its all-time low recorded four months ago on January 18.</p>
<h2 id="what-are-the-market-reactions">What Are the Market Reactions?</h2>
<p style="text-align: justify">The recent price increase has also positively affected ONDO’s market capitalization and 24-hour trading volume. The market cap rose by 9.50% to $1.9 billion, while the trading volume surged by 23.15%, exceeding $280 million.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">– Derivative market volume for ONDO increased by 9.47%, reaching $377.47 million.</p>
<p style="text-align: justify">– Open interest rose by 10.26%, totaling $250.07 million.</p>
<p style="text-align: justify">– Bollinger bands indicate high volatility, with the middle and lower bands at $1.40, $1.04, and $0.68838, respectively.</p>
<p style="text-align: justify">– Relative Strength Index (RSI) is at 74, suggesting an overbought market, which could lead <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> to take profits and trigger a price drop.</p>
<p style="text-align: justify">– Chaikin Money Flow (CMF) values at 0.19, showing positive liquidity and continued market entry.</p>
<p style="text-align: justify">Despite appearing overbought, the market outlook remains positive as ONDO continues to draw liquidity, as indicated by the positive CMF. However, investors should be cautious of potential profit-taking that could lead to price consolidation.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ondo-price-reaches-all-time-high" data-wpel-link="internal" rel="noopener noreferrer nofollow">ONDO Price Reaches All-Time High</a></h5>

ONDO Price Reaches All-Time High

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