Lokesh Gupta
21-03-2024
#Ondo Finance (ONDO), a decentralized finance (DeFi) project, has surged nearly 48% in the past 24 hours.
Market speculation indicates that ONDO's recent surge may be attributed to potential collaboration talks with BlackRock, the world's largest asset manager.
The $ONDO token has seen three consecutive days of growth, reaching its highest recorded value of $0.7840, an impressive 845% increase from its lowest point this year.
Analyzing the four-hour chart reveals a strong bullish trend, with ONDO's token price climbing from $0.3795 earlier this week to its current peak of $0.7841.
Notably, $ONDO has surpassed a significant resistance level at $0.6649, reaching its highest point since March 8th of this year.
Bullish sentiment for ONDO persists, backed by sustained momentum, targeting $1 with support from FIBO $1.618 levels.
According to Coin Gabbar analysis, Ondo Price Prediction 2030 would hit $8.00 and Ondo Price Prediction 2040 it is projected to reach $15.00.
KEY LEVELS :
RESISTANCE LEVEL : $1.00000-$1.60000
SUPPORT LEVEL : $0.45000-$0.30000
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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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