Ondo

Token

<p>The post <a href="https://coinpedia.org/price-analysis/ondo-price-tests-breakout-ondo-price-to-achieve-new-ath-this-month/" rel="noopener noreferrer nofollow">ONDO Price Tests Breakout! Ondo Price To Achieve New ATH This Month?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency market continues to display significant price volatility with top tokens recording constant fluctuations in their respective portfolios. This indicates increased buying and selling pressure in the crypto space.</p>
<p>Moreover, ETH-based cryptocurrencies have successfully regained momentum with ONDO price adding approximately 8% in valuation within the past 24 hours. Furthermore, the altcoin hints at increasing positive sentiment, highlighting a bullish outlook in the coming time.</p>
<h2 class="wp-block-heading" id="h-ondo-token-displays-increased-price-action">Ondo Token Displays Increased Price Action:</h2>
<p>The Ondo crypto concluded the previous week on a bearish note by recording a correction of 12.23%. However, the bulls have regained momentum this week by adding 15.77% to their portfolio over the past three days.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXe1UkneIX-1zwrYf4rs8AErHBosF8MK-QfF806kqCrMBFoNoNDFyPKxF3L1Ftl8t8-75Lc-bK7u7tCYxflyE3LUN_6Gz_9xjsHyx0-V0zrPWy8QbYDkfoJkRNV7SD2mKY04P6P0gdVXv3A4o_B5TWFzOmfI?key=y9NuAh5IIMWugkDEdnZNYg" alt="ONDO Price Analysis">
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  TradingView: ONDOUSDT
 </figcaption>
</figure>
<p>Positively, the Ondo coin price has added 7.79% within the past day with a drop of 44.52% in its trading volume. Moreover, despite recording a correction of approximately 2% within the past seven days, this Ethereum-based altcoin has surged 34.64% since its inception, highlighting a bullish outlook in the coming time.</p>
<p>At the time of writing, the price of Ondo crypto was $1.277. Further, with a circulating supply of 1,389,759,838 ONDO tokens, and a total supply of 10,000,000,000 ONDO tokens, the altcoin has secured 51st position in the global crypto-list with a market capitalization of $1.766 Billion.</p>
<h2 class="wp-block-heading" id="h-ondo-crypto-market-sentiments">Ondo Crypto Market Sentiments:</h2>
<p>The SMA successfully records a positive crossover in the 1D time frame, suggesting increased bullish sentiment for the Ondo crypto.</p>
<p>The technical indicator, MACD, displays a significant decline in the red histogram, highlighting an increase in the buying-over-selling pressure in the crypto market. Furthermore, the averages show a high possibility of a bullish convergence, suggesting the price will continue gaining value this week.</p>
<h2 class="wp-block-heading" id="h-will-ondo-price-go-up-in-2024">Will ONDO Price Go Up In 2024?</h2>
<p>If the market holds the Ondo coin price above the support level of $1.216, the bulls will continue gaining momentum and test its previous all-time high (ATH) of $1.48 this month. Maintaining the price at that level will set the stage for the ONDO price to head toward its upper level of $1.75.</p>
<p>Conversely, if a trend reversal occurs, the ONDO crypto will retest its support level of $1.216. Moreover, if the bears continue to dominate the market, the altcoin will plunge toward its important support level of $0.984 during the coming time.</p>

ONDO Price Tests Breakout! Ondo Price To Achieve New ATH This Month?

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