In the last 24 hours, the ONDO has increased by nearly 12%, and the price has risen to about $0.40. After a few months of breakthrough, the rise was also driven by Ondo Finance’s expansion of real-world assets.
The amount of the trade is up and up.
The article mentions that Ondo recently strengthened its monetized security infrastructure through DTCC Tokenization Service, which is considered to be one of the catalysts for the current round ' s rise. At one point, the price on the plate touched 0.4089.
Concomitantly with the strong prices, the turnover of the ONDO has increased significantly, by about 190 per cent. The cumulative trade-off margin has been reoriented to show the active buyback. Irregular contracts have also risen with the rebound in prices, approaching their earlier highs.
US$ 0.41 to 0.42 to focus
Despite the strong movement, the ONDO still needs to stand between 0.41 and 0.42 dollars to further confirm the success of the breakthrough. If the zone is effectively breached, the next resistance to market interest will be moved upwards to $0.45, followed by the integer level of $0.50.
- Current price is about $ 0.40
- Recent resistance levels are 0.41 to 0.42 dollars.
- Next resistance position is 0.45.
The support position below remains to be confirmed.
If the price fails to sustain the current breakthrough, ONDO may re-enter the rearrangement. Short-line support positions range from $0.37 to $0.38, with stronger support positions from $0.33 to $0.34.
It was also mentioned that if the US$ 0.33 were to fall, the current biased structure would be significantly weaker. Over the next few trading periods, the ability of prices to hold the post-break zone will be the focus of continued market observation.