As of May 2, 2025, Ondo (ONDO) is trading at $0.9020, reflecting a slight decrease of 2.80% over the past 24 hours.
The 24-hour trading volume stands at around $160.458 million, indicating moderate market activity.
The intraday high and low are $0.9348 and $0.8939, respectively. This price movement suggests that ONDO is experiencing a period of consolidation after recent fluctuations.
For a more detailed analysis, you can refer to our comprehensive ONDO Price Prediction article.
Technical Analysis
Recent technical indicators point towards a potential bullish reversal for ONDO. The Relative Strength Index (RSI) has reset to around 55 after previously being in overbought territory, indicating a healthier momentum.
The Slow Stochastics oscillator has also cooled down to approximately 39, further supporting this outlook.
Currently, ONDO is retesting the support zone between $0.88 and $0.90, which has shown strong buyer interest in the past.
If this support holds, the next resistance levels to watch are between $1.00 and $1.12. A successful breakout above these levels could signal the beginning of a new upward trend.
2025 Price Prediction
Looking ahead, various analysts have provided optimistic forecasts for ONDO's price in 2025
Coinpedia projects that if ONDO maintains its position above the psychological support level of $3.00, it could reach up to $3.05.
Ondo (ONDO) is currently in a consolidation phase, with technical indicators suggesting a potential bullish reversal. If the support levels hold and the price breaks above key resistance zones, ONDO could experience significant growth in 2025.
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