Oondo attracted new attention after a strong price movement that is reflected in the activity of the last scheme. Dieter Niels Niels stated on X that the price of the Oondo had penetrated the main resistance level and was now under re -test.
This development is in line with a focus on the broader market on the assets of the real world (RWA), a trend that acquires traction in the area of ​​digital assets. Oondo is among the leading projects associated with this novel, with relations with institutional names such as Blackrock and exposure through political portfolios, including former US President Donald Trump.
Oondo Breakout over the resistance and re -test area
The joint price plan appears in a tweet on a major resistance area ranging from $ 0.91 and $ 0.93. This level was a cover for several days. After completing, Ondo PRICE re -tested the same area, a step that the market analysts interpreted as a support -resistant click. The symbol in its upward direction continued after successfully from this level, bypassing the 1.00 dollar sign, which is a major psychological threshold.
The graph depends on a time frame for one hour. Oondo Price Action formed a series of higher low, with the support of the rising trend line that many re -test operations maintain. This trend line reflects the buyer’s constant interest in increasing levels gradually, indicating the strength of the market before completion.
RWA, narration and institutional momentum
RWA is expanding through the encryption industry, as many projects seek to bridge traditional assets and Blockchain technology. Oondo is seen as a leading player in this sector. Twitter also referred to the Ondo connection with Blackrock, a major financial institution, which pushed the investor’s attention towards the distinctive symbol.
Connections with political figures such as Donald Trump Ondo have placed in the spotlight behind typical encryption societies. These factors, along with the artistic structure of the distinctive symbol, contributed to increasing the interest of the market.
Oondo indicators and momentum
While the size data is not included in the chart, the acute gathering that follows the resistance break indicates a strong purchase pressure. The price of the UNDO move up with the minimum decline, a sign of momentum in the short term in favor of the bulls. The candlestick after the penetration showed a continuous force, indicating that the re -test may be a starting point for the higher men.
Analysts observed the ONDO chart patterns this behavior price as consistent with rest and continuity operations.
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Moreover, the distinctive symbol was traded in a side range of many sessions before starting the penetration. The accumulation shaped between $ 0.79 and $ 0.93 solid base. The final penetration is followed by a successful re -test to a meeting that supports more upward trend.
Rising support lines held throughout the accumulation period. The support area is now monitored Sustainability as ONDO price attempts to create a new A top of $ 1.00. Merchants closely monitor to confirm the strength of the short -term trend to average.
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