ONDO Price Holds Steady at Support Level as Traders Watch for Recovery Towards $0.88 and $1.15
Current Price and Support Levels: ONDO is trading at $0.7433, with a critical support level at $0.67 that must be maintained to target higher resistance levels of $0.88 and $1.15.
Market Activity and Volume: Despite a 31.84% decline in daily trading volume to $68.49 million, ONDO shows moderate activity with a Volume-to-Market Cap ratio of 2.91%, indicating stable demand.
Technical Analysis and Recovery Potential: Analysts suggest a two-phase recovery pattern for ONDO, with a focus on sustaining prices above $0.70–$0.74 to facilitate a rise towards higher resistance levels.
Social Trading Sentiment: There is cautious optimism in social trading analysis, with bullish momentum expected if ONDO consistently closes above $0.74–$0.75, while a drop below $0.72 could hinder recovery efforts.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DEFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000169 | 0.000219 | 0.000269 | 0.000319 | 0.000369 | 0.000419 | 0.000469 |
| Fibonacci | 0.000219 | 0.000257 | 0.000281 | 0.000319 | 0.000357 | 0.000381 | 0.000419 |
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