Ondo Finance form a base near $0.72000, also at the 61.80% Fibonacci level, while trading close to its all-time high.
#Ondo Finance Yesterday, ONDO broke out of a consolidation zone between the 61.80% and 78.60% Fibonacci levels, signaling a potential new all-time high.
Ondo Finance's native token, ONDO, has broken out of a Bullish Pennant pattern, indicating a potential bullish rally.
ONDO token price is steadily approaching its all-time high, forming strong bullish candles on the daily chart.
Over the last 4 days, consistently green candles have been formed with a rise of 36%.
According to Coin Gabbar analysis, If bulls break the all-time high, a rally could ensue, potentially propelling Ondo to $1.5 in a brief period.
Failure to surpass the all-time high could lead to the formation of a Double Top pattern for Ondo Finance, potentially triggering a decline towards $0.99000.
KEY LEVELS :
RESISTANCE LEVEL : $1.50000-$2.00000
SUPPORT LEVEL : $0.55000-$0.35000
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