Cryptogenous, a crypto analyst, has been keeping a close eye on ONDO chart movements. They’ve noticed something important: ONDO has dropped down to a critical trendline, just as they expected it would. But here’s the exciting part: there’s been a strong reaction at this level, showing clear signs that buyers are stepping in.
ONDO Price History Could Repeat
If this pattern holds true once again, investors who position themselves correctly could be in for substantial returns in the coming weeks or months.
For those interested in this potential move, Cryptogenous offers two straightforward approaches:
If you prefer a more cautious approach, you might wait for a confirmed breakout before jumping in. This gives you additional confirmation that the reversal is actually happening, though potentially at the cost of missing the earliest part of the move.
Read Also: Experts Predicts XRP Price Will Hit ‘Double Digits This Cycle, Triple Digits Next’ – Here’s Why
Smart investing isn’t just about entries – it’s about knowing when to walk away. Cryptogenous provides a clear invalidation point at $0.59. If ONDO’s price drops below this level, it might signal that the bullish thesis isn’t playing out as expected.
That said, they emphasize that ONDO remains in an uptrend when viewed on higher timeframes, suggesting the overall direction still points upward despite short-term fluctuations.
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