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The Ondo price surged over 14% in the last 24 hours to trade at $1.17 as of 6:11 a.m. EST as investors go long on the crypto.
With this recent gain, the ONDO price has extended its positive weekly performance to more than 16%. It is, however, still 13% in the red on the longer-term monthly time frame.
Ondo Price Trades In A Positive Range
4-hour chart for ONDO/USD (Source: GeckoTerminal)
The Ondo price has printed multiple higher highs and higher lows on the 4-hour chart, resulting in the formation of an ascending channel, GeckoTerminal data shows. Should the crypto continue to trade in this positive range, it might soon try to overcome the $1.1904 resistance and potentially rise to as high as $1.2419.
However, a sudden sell off due to profit-taking or a change in market trends could result in the Ondo price falling out of the ascending channel. In this alternative, more bearish case, the altcoin might test the closest support at $1.1328. Persistent sell pressure should ONDO drop to this point could then lead to a plunge to $1.0753.
Bears Could Soon Take Control Of The Ondo Price
From a technical standpoint, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the 4-hour chart warn ONDO’s bullish move might have hit a roadblock.
The RSI has started to level off between 60 and 65 after it rose from deep oversold territory below 30 to its current level in the last 48 hours. This leveling off in the 60s range suggests that buyers are easing their pressure on the Ondo price. Should bears capitalize on this cooling off period, they could overpower bulls to push the Ondo price down.
Meanwhile, the MACD line has started to stall above the MACD Signal line. While the current alignment of the two lines, with the former positioned above the latter, is bullish, the flattening MACD Histogram slope warns ONDO’s bullish momentum has reached a climax. This could be followed by a bearish trend reversal.
As bulls try to maintain control of the Ondo price, investors flock to the presale for AI agent meme coin MIND of Pepe (MIND).
Several experts have stepped forward to share their bullish predictions for MIND. Among them is an analyst from the 99Bitcoins YouTube channel, which boasts over 726K subscribers.
In a recent video, the analyst said the meme coin could soar 100X after launch.
AI Meets Meme Coin In This New Pepe Derivative
Frog-themed tokens have performed exceptionally well in the last few months, with notable examples being Wall Street Pepe (WEPE) and Pepe Unchained (PEPU), both of which had strong ICO performances and went on to thrive in the crypto market.
Now, MIND of Pepe aims to capitalize on the hype around Pepe-inspired meme coins.
To maximize its chances of success, the project introduces a sophisticated AI agent. This intelligent computer model plugs into social platforms such as X, Discord and others to identify emerging crypto trends early using hive-mind analysis.
After spotting an emerging trend that the broader market is not aware of yet, the AI agent shares its insights with the MIND of Pepe community through token-gated groups to give them an edge.
Additionally, the computer model is able to design, create and deploy its own tokens to align with new trends. Before hyping up these tokens autonomously online by engaging with influencers and investors, the AI model gives MIND holders the chance at first buy-in.
With AI agent cryptos growing more popular and the meme coin hype soaring, MIND of Pepe could be the ultimate play for investors looking to profit from both sectors through one token.
Investors Rush To Buy MIND At Presale Prices
MIND of Pepe is pulling investors in through its ongoing presale, with its total raise at this point standing at over $7.1 million.
The project also offers a huge 319% annual return on staked MIND tokens.
Investors interested in participating in the AI meme coin’s ICO can acquire tokens through the buy widget embedded on the project’s website.
The token is currently selling for $0.0034539, and can be bought with ETH, USDT, BNB, USDC, or bank card.
Investors looking to lock in the best presale deal will want to hurry because MIND’s price will increase in a little over 11 hours.
Visit the MIND of Pepe website.
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