Oondo’s Triangle Breakout – How high is its price? star-news.press/wp

Main meals

ONDo broke out more than $ 0.87 on the plans with whale activity and pressure increased. In fact, wThe eighth feelings and Daa Divergence have confirmed the support of the market and the strong network.

Oondo price A multi -decor -descending triangle fracture, with the same indication of the main direction after a long unification of the charts.

The daily closure confirmed higher than $ 0.87, the collapse, the premium code pays about $ 0.94, and the heart of the previous resistance to strong support. This penetration opened a path to the following goals at $ 0.965 and $ 1.116. If the sample momentum holds, Oondo may try to restore $ 1.40.

This step comes against the background of the strong market alignment through whale activity, feeling, and trading behavior – the main factors that can determine whether this penetration maintains itself in the coming weeks.

Source: TradingView

Can positive feelings maintain the difficult momentum beyond one dollar?

The suggestive feelings of ONDo rose to 2.24, representing one of its highest levels in months. Such a sharp rise reflects increased optimism and speculation among market participants.

Historically, such nails preceded price pools, especially when they are supported by upward deviations. However, the maximum limb often attracts fluctuations as the profits are inclined to follow the exhausted stages.

However, the conditions of the time of the press suggested that the market participants believe in the ups of the UNDo oud. Therefore, as long as positive feelings are in line with the basics, the outbreak of ONDO will be supported by increasing confidence.

Source: Santime

Do whales accumulate quietly during this penetration?

Medium demand data data revealed a sharp rise in the volume of treatment, indicating the presence of senior buyers.

According to Santiment, the last boom in Ondo directed the big whale orders to the market – a strong upward signal. Such activity often acts as a stabilizer, and absorbs the fluctuations that depend on retail sale while supporting upward prices.

While the interest in retail is tended to volatility with short -term price movements, the accumulation of consistent whale is usually a sign of condemnation in the long term.

If these major participants continue to expand, Oondo may find the necessary structural support to push up.

Source: Cryptoquant

Can the network activity be justified by the high price of the UNDO?

At the time of writing this report, the Ondo’s Price-Daa deviation was positive, hovering itself around +152 %. The highlight of this scale is a healthy increase in daily active addresses with regard to prices.

As long as the activity on the chain grows along with the evaluation, the market will generally see the gathering sustainable. Moreover, the strong DAA performance will enhance the UNDO use and participate in the real world.

Simply put, the constant difference suggested that the gains of the price of the press were not completely speculative. However, any decrease in the title activity while climbing the price can weaken the bullish narration and a correction call.

Source: Santime

Will you benefit from the next Longs Fuel Oondo or reverse results?

Binance data revealed a long/short percentage of 3.23, with more than 76 % of the accounts.

This overwhelming bias is a sign of strong retail confidence in more bullish direction. However, this can be severe locations as a double -edged sword. If the price decreases unexpectedly, the comprehensive rank may lead to a sharp reflection.

However, at the present time, the upscale merchants appear firmly. As long as the pressure on the pressure and support levels continues, the location of the location learned can be a starting point instead of danger.

Source: Coinglass

Can Oondo defend the penetration and the goal of $ 1.40?

He suggested that the whale activity, the growing feeling, the basics of the strong network, and the retail confidence that the outbreak of ONDo has meaningful support.

However, the sustainability of this assembly will depend on the continued purchase pressure, fixed growth on the chain, and a balanced feeling.

If these factors are aligned, ONDo may realistically aim at the resistance areas amounting to $ 1.116 and $ 1.40 in the coming days. Therefore, given the current market dynamics, ONDo is likely to maintain its upward track about $ 1.40.