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ONDO News: Forms ’Strong Low’ at $0.58, Potential Road to $1.20

ONDO News: Forms ’Strong Low’ at $0.58, Potential Road to $1.20

Global Cryptocurrency
Release Time:
2025-03-24 14:21:49
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The daily chart of Ondo [ONDO] indicates a potential higher low forming around the $0.6500 level, marking a key accumulation zone. After reaching a peak NEAR $1.4000 in late 2024, ONDO underwent a correction, falling to $0.83216. A crypto analyst has highlighted a ’Strong Low’ at $0.5800, with the price currently testing support between $0.6500 and $0.83216. The formation of a higher low suggests weakening selling pressure and a potential trend reversal. Should ONDO surpass the $0.9500 resistance level, bullish momentum could propel its price toward $1.20. ONDO’s partnership with BlackRock to tokenize U.S. Treasury assets further solidifies its position as a fundamentally strong crypto project.
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