#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
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.