Next Cryptocurrency To Explode Tuesday — Hedera, Bonk, Ondo, Mumu the Bull
- Memecoin Season Returns: Memecoins like PEPE, BONK, and FLOKI are experiencing dramatic gains as the memecoin season returns in the crypto market.
- Bitcoin Drives Bull Run: Despite the rise of memecoins, Bitcoin remains the primary driver of the current bull run, setting the pace for the market.
- Hedera (HBAR) Surge: HBAR saw a 100% increase due to BlackRock's announcement of using Hedera Blockchain, leading to a surge in trading volumes.
- Bonk (BONK) Rise: Bonk, a meme coin, gained 30% in a day, attracting investors and increasing visibility after being listed on Revolut.
- 5th Scape (5SCAPE) Innovation: 5th Scape aims to revolutionize VR gaming, showing promising growth opportunities with projections indicating significant user base growth.
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Technical Analysis for ONDO
Technical Sentiment Analysis for Ondo (ONDO) As of , Ondo (ONDO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ONDO 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, ONDO 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 $-.
Ondo (ONDO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.115 | 0.158 | 0.21 | 0.253 | 0.305 | 0.348 | 0.4 |
| Fibonacci | 0.158 | 0.194 | 0.217 | 0.253 | 0.289 | 0.312 | 0.348 |
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