{"id":633320,"date":"2025-03-06T14:51:06","date_gmt":"2025-03-06T14:51:06","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=633320"},"modified":"2025-03-06T14:55:53","modified_gmt":"2025-03-06T14:55:53","slug":"is-it-too-late-to-buy-ondo-ondo-price-soars-14-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/is-it-too-late-to-buy-ondo-ondo-price-soars-14-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy ONDO? Ondo Price Soars 14% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

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.<\/span><\/p>\n

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.<\/span><\/p>\n

Ondo Price Trades In A Positive Range<\/span><\/h2>\n

\"ONDO<\/p>\n

4-hour chart for ONDO\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The <\/span>Ondo<\/span><\/a> price has printed multiple higher highs and higher lows on the 4-hour chart, resulting in the formation of an ascending channel, GeckoTerminal <\/span>data<\/span><\/a> 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.<\/span><\/p>\n

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. <\/span><\/p>\n

Bears Could Soon Take Control Of The Ondo Price<\/span><\/h2>\n

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. <\/span><\/p>\n

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 <\/span>Ondo<\/span><\/a> price. Should bears capitalize on this cooling off period, they could overpower bulls to push the Ondo price down.<\/span><\/p>\n

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.<\/span><\/p>\n

As bulls try to maintain control of the Ondo price, investors flock to the presale for AI agent meme coin <\/span>MIND of Pepe (MIND)<\/span><\/a>. <\/span><\/p>\n

Several experts have stepped forward to share their bullish predictions for MIND. <\/span>Among them is an analyst from the 99Bitcoins YouTube channel, which boasts over 726K subscribers. <\/span><\/p>\n

In a recent video, the analyst said the meme coin could soar 100X after launch.<\/span><\/p>\n