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Crypto News

The analyst multiplies the target Oondo price after a sharp bounce of $ 0.63

Oondo returned to the merchant radar after a $ 0.63 bouquet. The price now is about $ 0.735, and it also shows signs of recovery after a rough decrease.

The last graph in TradingView highlights how Ondo PRICE found strong support and is now trying to build momentum.

Meanwhile, Crypto Analysed Cryptoed has been published on X (previously Twitter), saying that a large crowd is still expected, with a long -term goal along the way to $ 3.

Oondo price structure and re -test support

After the sharp decline, Ondo found support about $ 0.63 and wore this level. This area now works as a safety network for bulls.

Currently, the UNDo price exceeds $ 0.72 – $ 0.74, but there is a large test in the future. Immediately, there is a resistance area ranging from $ 0.75 and $ 0.77.

source: X/Cryptoed

Link with the old direction line that Ondo paid shortly before retracting again. If the price can remain above this line, we may see a move about $ 0.85 – $ 0.87, which is a key area earlier this year as the distinctive symbol collapsed.

Trend lines and size dynamics

The ONDo scheme displays two big -trends in playing. There is a short -term blue line used to be support but now it works as a resistance.

There is a long -term landline from the past high levels, this has not yet been broken. Its size increased during the reversal of $ 0.63, indicating that buyers intervened strongly.

Since then, the folder began to fade. We haven’t seen a strong follow -up boost yet, so bulls still have some work to be done.

Indicators show mixed signals

RASI random in the peak area, which means that temporary suspension or small retreat will not be surprising. Both the tensions seem better than before, which indicates that the momentum began to turn.

The normal relativity index sits about 42 years old, and it is still less than the main 50 mark, so the market has not completely turned.

Also read: It seems that the price of ONDo has been appointed after the perfect support

The main levels and expectations

If the price of the Ondo can break and increase 0.77 dollarsThe door opens to pay about 0.85 – $ 0.87. From there, the next natural goal is $ 1.00, a level that will attract a lot of attention.

But if the price decreases to less than $ 0.72, it may return to the support test at $ 0.67 or even $ 0.63 again.

The Cryptoed cluster maintains the upper hopes, indicating that the big step is still in the future. It holds a company on its 3 -dollar goal, but at the present time, the market is awaiting a clear outbreak to confirm the next stage.

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