Ondo crypto is giving a breakout on the price charts and this could be a good buying opportunity in the short-term.
In this article, we will look at the current price analysis, ondo price prediction, weekly analysis along with the news roundup.
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ONDO Crypto Price Prediction
Ondo is currently trading at $0.2429 , with a 24-hour trading volume of $78,708,124 USD. The current market cap is $335,953,354 . It has a circulating supply of 1,383,023,497 ONDO coins .
Ondo has been showing a strong bullish trend since the beginning of the year. Since then, Ondo has corrected slightly, but still maintains a positive momentum.
Weekly Price Analysis
Ondo broke above the previous resistance level of $0.25.
However, Ondo faced some selling pressure at this level and the market entered a consolidation phase. Ondo retraced to the support level of $0.22 , where it found strong buying interest.
Ondo is currently trading above the 20-day and 50-day moving averages, indicating a bullish trend. The relative strength index (RSI) is at 62, suggesting that Ondo is not overbought or oversold. The moving average convergence divergence (MACD) is positive, indicating a bullish momentum. The volume is also high, confirming the strength of the trend.
News Roundup
Here are some of the latest news and updates about Ondo and its platform:
- Coinbase adds Ondo Finance (ONDO) to its asset listing plan. Coinbase, one of the largest and most reputable cryptocurrency exchanges in the world, has announced the inclusion of Ondo Finance (ONDO) to its listing roadmap. This announcement comes hot on the heels of the Ondo Foundation’s revelation of plans to unlock ONDO tokens.
- Ondo Finance, backed by Coinbase, expands into Asia Pacific, capitalizing on 73% weekly ONDO token surge. Ondo Finance, the leading platform for real world asset (RWA) tokenization, has opened its first Asia Pacific office and appointed Ashwin Khosa as VP for Business Development in the region. The strategic move aligns with Ondo’s dominant position in tokenized securities, targeting APAC’s digital asset fervour.
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