- ONDO’s giant transaction quantity surged by 201% up to now 24 hours.
- The most important liquidation areas have been close to $1.49 on the decrease aspect and $1.55 on the higher aspect, with merchants over-leveraged at these ranges.
AMBCrypto’s have a look at on-chain analytics agency IntoTheBlock revealed that Ondo Finance’s [ONDO] giant transaction quantity surged by 201% up to now 24 hours.
This knowledge has been gaining widespread consideration from crypto lovers, because the spike in giant transaction quantity adopted a profitable retest of the breakout degree on a weekly timeframe.
Supply: IntoTheBlock
Regardless of the surge in giant transaction quantity, long-term holders look like accumulating the token, in response to Coinglass.
Knowledge from Spot Influx/Outflow revealed that exchanges have recorded a powerful outflow of $5.4 million value of ONDO tokens.
Within the cryptocurrency panorama, outflow signifies potential accumulation because the asset strikes from exchanges to wallets, creating shopping for stress and driving upside momentum.
ONDO: What does the value prediction say?
At press time, ONDO was present process a worth correction after rallying over 22% on the each day timeframe.
On the weekly timeframe, nevertheless, the token had efficiently retested the breakout degree and had shaped a bullish Harami candlestick sample at a key assist degree.
Supply: Buying and selling View
Based mostly on current worth motion, if ONDO maintains its place above the $1.30 degree, there’s a sturdy risk it might soar by 40% to achieve the resistance degree at $2.13 sooner or later.
On a optimistic be aware, ONDO’s Relative Power Index (RSI) was 61 at press time, which was beneath the overbought zone, suggesting potential upside momentum.
Main liquidation ranges
The token’s main liquidation areas have been close to $1.49 on the decrease aspect and $1.55 on the higher aspect, with intraday merchants showing over-leveraged at these ranges, in response to Coinglass.
Learn Ondo Finance’s [ONDO] Worth Prediction 2025–2026
On the time of writing, ONDO was buying and selling close to $1.52, having skilled a modest worth decline of 1.2% within the final 24 hours.
Nevertheless, throughout the identical interval, its buying and selling quantity surged by 21%, indicating heightened participation from merchants and buyers.
