{"id":493416,"date":"2024-03-23T12:27:18","date_gmt":"2024-03-23T12:27:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=493416"},"modified":"2024-03-23T12:27:18","modified_gmt":"2024-03-23T12:27:18","slug":"ondo-price-prediction-ondo-is-top-weekly-gainer-with-43-surge-as-this-world-first-ar-vr-project-blasts-past-2m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ondo-price-prediction-ondo-is-top-weekly-gainer-with-43-surge-as-this-world-first-ar-vr-project-blasts-past-2m","title":{"rendered":"Ondo Price Prediction: ONDO Is Top Weekly Gainer With 43% Surge As This World-First AR\/VR Project Blasts Past $2M"},"content":{"rendered":"

The Ondo price has plunged 5.7% in the last 24 hours to trade <\/span>at $0.7141 <\/span><\/a>as of 6:31 p.m. EST.<\/span><\/p>\n

The ONDO token, essential for powering the Ondo DAO and Flux Finance, has soared 43% in the past week, making it the top performing crypto among the top 100 tokens by market capitalization. <\/span><\/p>\n

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Since its listing two months ago, ONDO has generated returns of over 350%.<\/span><\/p>\n

Ondo Price Consolidates, Forming A bullish Flag Pattern<\/span><\/h2>\n

\"Ondo<\/p>\n

ONDOUSDT Analysis By Tradingview<\/span><\/p>\n

The battle for price dominance has resulted in a consolidation channel, which has also led to the formation of the bullish flag pattern. <\/span><\/p>\n

With Ondo price remaining relatively stable within this range, there is a high chance that the bulls may push the price to the upside, initiating another bull rally<\/span><\/p>\n

Starting from the support level around $0.40, there’s been a gradual climb as bulls gained momentum, pushing the price up to $0.82<\/span><\/p>\n

The price indicates a drop below the 50 and 200 Simple Moving Averages (SMAs), indicating that the bears have control. However, if the lower boundary of the flag remains firm, the price might rebound, allowing the Bulls to fly at a price above the average. Moreover, the moving average cross at $0.45 confirms the general bullish momentum for the Ondo price.<\/span><\/p>\n

The Relative Strength Index (RSI) indicates a bounce on the 30 oversold level. Increased momentum should see the price fly past the 50 midline level, entering the overbought level of 70.<\/span><\/p>\n

Ondo Price Bulls Gear Up For Another Bull Rally<\/span><\/h2>\n

The bullish momentum in Ondo price is holding steady as buyers gear up for a push towards surpassing the current resistance at $0.82. Increased momentum should have the bulls initiate a 23% surge, leading to a new record high at $0.97 in the coming weeks.<\/span><\/p>\n

Conversely, if the price slips below the lower boundary of the flag, it may encourage bearish activity, pushing the price down and prompting the bulls to retreat towards the $0.54 support zone.<\/span><\/p>\n

For investors seeking portfolio diversification, Ondo is not the only crypto showing bullish momentum, with innovative crypto presale 5thScape having just blasted past $2 million in funds raised. <\/span><\/p>\n

Buy 5SCAPE Now, ”The Next Best Thing Of The Decade”<\/span><\/h2>\n

The 5thSCAPE<\/span><\/a> crypto presale is an exciting opportunity for investors to get in on the ground floor of a promising new cryptocurrency project.<\/span><\/p>\n

5SCAPE aims to revolutionize the gaming industry by combining blockchain technology and virtual reality (VR) as the first-ever AR\/VR mixed-reality crypto platform. <\/span><\/p>\n

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Step into new worlds of imagination. 🕹️🚀@5thScape<\/a> is building a next-gen #VR<\/a> and #metaverse<\/a> ecosystem to redefine virtual reality.<\/p>\n

Collect rare digital assets. The possibilities are endless!<\/p>\n

Join the community – https:\/\/t.co\/ewBcsEeltG<\/a>#gaming<\/a> #innovation<\/a> #blockchain<\/a> pic.twitter.com\/hUe3cDDYnT<\/a><\/p>\n

— 5th Scape (@5th_scape) February 11, 2024<\/a><\/p><\/blockquote>\n