Lokesh Gupta
16-04-2024
#Ondo Finance ONDO hit its all-time high of $1.05 on March 31, 2024, then dropped to around $0.5493.
Bulls initiated a bullish reversal, increasing the likelihood of short-term fresh highs.
Yesterday, #ONDO surpassed $1 and set a new all-time high but couldn't sustain, leading to a significant pullback.
The token experienced a notable 24% pullback, with potential short-term support expected.
#ONDO trades within a rising parallel channel, testing resistance and support levels.
Sustaining above $1.00 resistance could lead to a 50% increase to $1.50 resistance.
Conversely, rejection may trigger a 35% drop to the ascending support trend line at $0.70.
According to Coin Gabbar analysis, $Ondo Price Prediction 2030 is anticipated to hit $8.00 and $Ondo Price Prediction 2040 is expected to rise to $15.00.
KEY LEVELS :
RESISTANCE LEVEL : $1.05000-$1.50000
SUPPORT LEVEL : $0.55000-$0.35000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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