#Ondo Finance was launched on January 18th at a price of $0.08355, experiencing a rapid surge of approximately 700% within hours.
The altcoin has witnessed a positive increase of 7.40% in the past day and a rise of 16.80% over the past seven days.
Over the last 30 days, ONDO's price has shown fluctuations between $0.90 and $0.70.
The ONDO price on the daily chart is rebounding after finding support from the ascending trendline.
Technical indicators suggest a bullish momentum, with the MACD showing strong uptrend signals and the SMA supporting the price chart, indicating potential for continued appreciation.
If bullish momentum persists, ONDO may aim to challenge its upper resistance level of $1.07 by the upcoming weekend.
Conversely, if bearish sentiment prevails, the price could lose momentum and test its critical support level of $0.650 within this month.
According to Coin Gabbar analysis, $Ondo Price Prediction 2030 is forecasted to reach $8.00 and $Ondo Price Prediction 2040 with expectations of reaching $20.00.
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.
