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

7-Week Record Fund Inflow in Bitcoin Stopped! Institutional Investors Turned to Altcoins: "They A...

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) Hits Record Highs, LINK Price Pumps

EXGOLAND and EXGO Token: Building an Immersive Ecosystem for Tomorrow

Solana (SOL) signals bullish momentum, eyes all-time high

Dogecoin Eyes Price Rally as Community Prepares for Celebration Day

Binance Executive Flees Nigeria To Avoid Tax Evasion Prosecution

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