The latest Technical Analysis shows that the ONDO price chart is displaying a noteworthy inverse head and shoulders pattern, which is often viewed as a potential reversal signal. On the daily chart, the price has pulled back to the vicinity of the 60 and 120 MA, finding support without a significant breakdown. Meanwhile, a breakout of the downtrend line is visible on the 4-hour chart, further reinforcing the bullish outlook.



These technical indicators combined seem to suggest that ONDO may be about to usher in a wave of rise. However, investors still need to remain cautious, closely follow market trends, and manage risks.

It is worth noting that the cryptocurrency market has recently been influenced by some macro factors. Market rumors about discussions regarding allowing 401(k) retirement accounts to invest in cryptocurrencies may affect overall market sentiment. In addition, there are reports that Ethereum whales are accumulating, which could have a ripple effect on the entire crypto ecosystem.

In any case, cryptocurrency investment always comes with high risks, and investors should conduct thorough research and risk assessment before making any decisions.
ONDO6.68%
ETH5.96%
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YNWenxinvip
· 6h ago
I recommend you to check out the YSARB Legend Community. By participating in the zero-investment Money Tree, you can enhance your understanding, and investing can yield great results. I have earned about 120,000 meters here in half a year, and my invested amount has increased by over 25 times!
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GasBanditvip
· 7h ago
The inverse head and shoulders pattern is here, let's go!
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FunGibleTomvip
· 7h ago
BTC leads the charge! ONDO just follows.
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BlockchainBouncervip
· 7h ago
If it rises again tomorrow, won't it reach its peak?
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TrustMeBrovip
· 7h ago
Laughing to death, the Technical Analysis has drawn a pie chart even for retirement funds.
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WhaleMistakervip
· 7h ago
差不多啦该To da moon了
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