Ondo (ONDO) Experiences Bullish Surge as Institutional Interest and User Growth Fuel Its Ascension
Login

Ondo (ONDO) Experiences Bullish Surge as Institutional Interest and User Growth Fuel Its Ascension

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


ONDO experiences a bullish surge as institutional interest and user growth fuel its ascension. Recent developments indicate a bullish trend for ONDO in the cryptocurrency market. In the past 48 hours, the token has seen a notable surge in trading volume and stable support near the $0.15 mark. Key fundamentals are improving as Total Value Locked (TVL) on the ONDO platform has risen by approximately 25%, fueled by strategic partnerships and growing institutional interest. This increased liquidity is complemented by a 15% expansion in the active user base, reflecting renewed investor confidence.


Moreover, ONDO’s decentralized finance suite has experienced enhanced adoption as users take advantage of its yield-generating products and risk mitigation tools. Technical indicators also support this upward momentum, suggesting that the current price action may persist in the near term. With these encouraging signals, market participants are optimistic about ONDO’s potential, positioning the token favorably for continued gains in the evolving crypto landscape. Overall, analysts expect strong performance and robust market growth.

Key Ondo Levels To Watch – March 12

Ondo (ONDO) Experiences Bullish Surge as Institutional Interest and User Growth Fuel Its Ascension

ONDOUSD price is bouncing off the $0.730 demand zone, signalling a potential bullish reversal. The price is trading below the 9-day SMA, but a breakout above $0.890 could confirm upward momentum.

If the price holds above the support, the next target is $1.240. RSI (Relative Strength Index) is recovering from the oversold region, indicating growing bullish pressure.

ONDOUSD Key Levels

Resistance Levels: $1.660, $1.930, $2.150
Support Levels: $0.870, $0.730, $0.580

Ondo Metrics
Total Market Capitalization: $2.68T

Ondo Market Capitalization: $2.65B
Ondo Volume: $139.90M
Market Rank: #34

Make money without lifting your fingers: Start using a world-class auto trading solution

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News