Due to force, the ONDO token grew by 36% of the key support zone, reviving bull sentiments among investors and analysts. Cryptocurrency was consolidated near the level of $ 1.09 and demonstrated stability, as it sharply bounced to touch upon $ 1.49, signaling the likely change in her recent descending trend.
After this growth, the ONDO price is aligned with the level of Fibonacci recovery 38.20%, the area that has historically ended up in the accumulation zone, as buyers, in order to prevent further losses during impact. In addition to the optimistic forecast, the indicators of the token pulse reflect the strengthening bull case.
For example, the relative force index rose 56.74 above the neutral level of 50, which implies an increase in the strength of the purchase with a large space before growth conditions are fulfilled. Similarly, the sliding convergence divergence indicator displays the bull crossover, and the MACD line at -0.0260 ahead of the signal line at -0.0522.
It is assumed that this bull moods are preserved in the long run, it is expected that the ONDO cryptocurrency will dispute liquidity on the purchase side, close to the level of 50% fibonacci, which acts as a direct resistance to token. Violation above this threshold can confirm the existence of Altcoin, from $ 1.91, along the FIB level 78.6%, is the first goal.
Further forecasts show that the ONDO cryptocurrency can re -check its record maximum of about $ 2.14 with the probability of going to an unknown territory for the third target of $ 2.40. This is consistent with the expansion of Fibonacci 1.272, signaling the possibility of establishing new record maxima.
On the other hand, a shift of a market impulse to a lack can lead to price correction by stretching ONDO to its liquidity on the sale side at the level of $ 1.24, where it can find support. Nevertheless, a violation below this zone can re -check the ONDO support zone at the level of $ 1.09.
ANDO price prediction: Insight experts hint at the new ATH ATH
ONDO TOKEN attracts the attention of market analysts, as technical indicators suggest that a strong upward trend continues. For example, Viprosetr emphasizes a bull breakthrough from a descending wedge, a classic image of a change, suggesting that cryptocurrency is preparing for a significant achievement.
Details, Viprosetr analysis focuses on consolidation in a long installation of Fibonacci zone, where the ONDO coin successfully supports support at a critical level of 0.618 recovery. This strong base provides the basis for the expected growth of movement.
According to the analyst, a breakthrough from the wedge additionally confirms the likelihood of a change in the trend, with the predicted goals set at $ 1.38440, $ 2,30,651, US dollars and $ 2.76567, based on Fibonacci extensions. Strengthening the analysis of Viprosetr, a well -known cryptocurrency analyst, emphasizes the importance of maintaining higher levels of support for time frames.
Request 05 – $ ONDO
A very simple methodology.
A high level of time support is held -> a new beginner trend. pic.twitter.com/wyjouqxeej
– Michael Van de Poppe (@cryptomichnl) January 23, 2025
According to Van de Poppe, this is important to confirm the continuation of the ascending trend. Its simple but effective methodology emphasizes the strength of the current structure of ANDO, indicating that the token can be prepared for work for new maximums.
