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ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst

NewsBTC LogoNewsBTC23h ago

ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst - NewsBTC

Quick Summary:

Related Reading: Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth To invalidate this bearish scenario, ONDO must reclaim the $1.86 level as support, a move that would signal strength and restore confidence in the asset’s bullish potential.

ONDO Testing Crucial Demand Ondo Finance has faced a significant correction after its strong rally earlier in the cycle, now testing crucial demand levels at key price points.

Technical Analysis: What To Expect Ondo Finance (ONDO) is currently trading at $1.49 after successfully testing the critical $1.46 support level highlighted by top analyst Ali Martinez.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 17:30:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 73 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24677870

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 2 posts per day

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News Last Updated: 20 hours ago

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