Cryptocurrency

Coin

<ul>
 <li>The #<a href="https://www.coingabbar.com/en/crypto-currency/ondo-finance-ondo-prices-usd" title="ONDO price" class="f-link" style="">ONDO price</a> surged 103% in 20 days after forming a base near the $0.72500 support trendline.</li>
 <li>After reaching a high near $1.48290, the price dropped 18.51% within seven days due to resistance near $1.50000.</li>
 <li>Over the past few months, the token traded within a rising parallel channel, displaying a consistent upward movement.</li>
 <li>A Harami candle pattern has formed on the daily chart, indicating a potential early bull cycle.</li>
 <li>Currently, the ONDO price is trading with a long tail formation, awaiting a bullish close above $1.300.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coin Gabbar analysis" class="f-link">Coin Gabbar analysis</a>, As per trend-based Fibonacci levels, a breakout rally could aim for the 2 Fibonacci level at $2.000.</li>
 <li>Conversely, news-based FUD could lead to a sell-off, potentially pushing the price down to $1.07000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $1.50000-$2.00000
SUPPORT LEVEL : $1.07000-$0.87000
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.

ONDO Price Prediction: $2 Within Reach for the Charging Bull

Coingabbar

Other articles published on Jun 12, 2024

Robinhood to Acquire Bitstamp in $200 Million Deal to Boost Global Crypto Presence

Zimbabwe Joins The Crypto Race; Exploring Crypto Regulations

Shiba Inu (SHIB), Bonk (BONK), and Retik Finance (RETIK) Could Double in Value This June, Accordi...

Trump Meets Bitcoin Miner Execs From CleanSpark And Riot

Bitcoin Price Prediction: Whale Ends 5-Year Hiatus With 8,000 BTC Transfer As Investors Flock To ...

Bitcoin No Longer Electronic Cash? Circulation Drops To Lowest In 13 Years

Join our free newsletter for daily crypto updates!