After a correction phase, Ondo shows encouraging signs of interest. Find our complete analysis and the technical perspectives of Ondo.
In short
- Technical analysis: Ondo evolves in a bullish context, supported by a price progression, an increase in volumes and a momentum in recovery. The upward dynamics are maintained on all horizons.
- Key levels: Ondo displays an upper dynamic above the $ 0.97 support, after a break at $ 0.95, with major resistances at $ 1.13, $ 1.24 and $ 1.66 in sight.
- Analysis of derivatives: Ondo is experiencing a renewed interest with an increase in open interest, a selling absorption on the CVD, low liquidations on the short side, and a neutral funding sparse, translating a balanced but sustained market.
- Forecasts: Ondo retains a bias bias above $ 0.88, with a potential of +114 %, but a rupture could lead to a drop to -45 %. Macroeconomic factors will be key.
Technical analysis of Ondo
| Indicator | State | Comment |
| Spot price | ≈ 0.965 $ | The market stabilizes around this level after a phase of progression. |
| Latest weekly variations | ≈ + 21 % | Increase marked over the week, reflecting a strong renewed buyer interest. |
| Latest weekly spot volumes | ≈557 m (+46 %) | The activity is strongly intensifying, signaling a more marked commitment on the market. |
| Long -term trend (SMA 200) | Upward | The long -term trend remains upward -oriented, evolving in constructively. |
| Medium -term trend (SMA 50) | Upward | The progression continues with an upward structure. The substantive dynamics remain positive. |
| Short -term trend (SMA 20) | Upward | The movement remains upwards despite a slight recent withdrawal. |
| Momentum | Resumption | Rising oscillators translating a dynamic into restart. |
The spot price is around $ 0.965, stabilizing after a high weekly increase of +21 %. Volumes progress clearly (+46 %), reflecting a revival of activity over the week. The substantive dynamics are upward, with trends aligned upwards on the long, medium and short -term horizons. In the short term, a slight withdrawal phase is observed, without questioning of the general movement. The momentum is recovered, carried by a gradual restart of the dynamics.
Ondo technical levels
| Indicator | State | Comment |
| Resistance | 1.13 $ / 1.24 $ / $ 1.66 / $ 2.14 (ATH) | Critical areas, potential distribution thresholds. |
| Support | 0.97 $ / 0.8 $ / 0.66 $ | Major defense levels, probable accumulation zones. |
| Last daily break | $ 0.95 | Resistance crossed; Strengthening of the bias bias. |
| Monthly pivot | $ 0.87 | Reference level for the trend of the month below the course. |
| High value area | 1.32 $ | High volume area; Upper terminal of a market balance, beyond which an imbalance can emerge. |
| Low value area | $ 0.87 | High volume area; Low limit of a market balance, beyond which an imbalance can emerge. |
On the technical level, Ondo evolves above several key supports located at $ 0.97, $ 0.80 and $ 0.66, which constitute potential accumulation areas. The recent daily break at $ 0.95 strengthens a bias bias, supported by positioning above the monthly pivot point at $ 0.87. Resistors at $ 1.13, $ 1.24, $ 1.66 and $ 2.14 (ATH) represent potential distribution thresholds. In terms of market structure, the low value area at $ 0.87 and the high value area at $ 1.32 delimit a volume balance, the rupture of which could cause a new directional imbalance.
Current technical analysis was carried out in collaboration with ElyfeAnd 0xhugzerinvestors and popularizers in the cryptocurrency market.
Analysis on derivatives (ONDO/USDT)
| Indicator | State | Comment |
| Open Interest | Increase | Speculative activity in progress, testifying to a renewed interest. |
| CVD | TRADE ABSERMENT | Diverge showing the presence of sellers, absorbed by passive buyers. |
| Liquidation | Weak, side side | Notable liquidations on the short side, a sign of a slight capitulation of the sellers. |
| Funding Rate | Neutral | Stable rate: absence of imbalance between buyers and sellers. No speculative excess marked. |
Ondo shows clear signs of renewed interest, illustrated by an increase in open interest, reflecting a speculative activity in progress. At the same time, the CVD highlights a selling absorption, suggesting that the selling pressure is contained by passive buyers, testifying to a certain solidity of the support. Liquidations, although low, mainly affect short positions, which can translate a slight capitulation of the sellers. Finally, the funding spleen remains neutral, signaling a balance between buyers and sellers, without apparent speculative excess.
| Indicator | State | Comment |
| Selling liquidation zone | ≈ $ 1.208 – $ 1.22 / $ 1.33 / $ 1.35 | Order concentration area; The achievement of these levels could result in an acceleration of volatility. |
| Buyer liquidation area | ≈ $ 0.83 – $ 0.78 / $ 0.67 – $ 0.70 | Order concentration area; The achievement of these levels could result in an acceleration of volatility. |
Several selling liquidation zones are identified, the most significant of which are around $ 1.208 at $ 1.22, $ 1.33 and $ 1.35. These levels concentrate a high volume of orders and could cause a marked increase in volatility in the event of crossing. Conversely, a single buyer liquidation zone stands out significantly, between $ 0.83 and $ 0.78, accompanied by another smaller area around $ 0.67 to $ 0.70, the achievement of these levels could also result in acceleration of volatility.
Forecasts for the course of Ondo
Haussier scenario:
- Conditions: Maintaining above $ 0.88.
- Objectives: $ 1.13 / $ 1.24 / $ 1.65 / 2.15 (ATH)
- Potential: approximately +114 % since the current level.
Lower scenario:
- Conditions: Break in support at $ 0.88.
- Objectives: $ 0.66 / $ 0.58 / $ 0.54.
- Potential: decrease of up -45 %.
Comment :
The bias seems bullied, without excluding a possible short -term correction. The future macroeconomic indicators could play a key role in the validation or invalidation of these scenarios.
Conclusion
Ondo shows signs of recovery after a consolidation phase, with an anchored upward dynamic. The market remains supported by a revival of interest and a favorable technical structure. As long as the main levels of support hold, the bias remains on the rise. A vigilance remains in the event of a break, especially in a macroeconomic context that is still uncertain. In this context, it will be essential to closely monitor the reaction of prices at strategic levels in order to confirm or adjust current forecasts.
Finally, remember that these analyzes are based solely on technical criteria, and that the course of cryptocurrencies can evolve quickly according to other more fundamental factors.
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