ONDO Price Stalls as Whales Reach All-Time Highs | Airdrop Alert Pro

Ondo Finance (Ondo) has been priced very little in the last 24 hours. However, its long-term growth remains impressive, with a 519% increase over the past year. As one of the largest real-life asset (RWA) players in the market, Ondo has attracted a lot of interest from retail and institutional investors.

although RSI Having recovered from levels beyond the level, whale holdings have reached an all-time high, Ondo is still in the merger phase, and its EMA line is tightly positioned. It is a yellow cross formed for a bullish outbreak or facing further downward pressure will depend on the upcoming market momentum and investor activity.

Ondo RSI is currently neutral, recovering from oversold level

Ondo Relative Strength Index (RSI) is currently 54.7, recovering sharply from 20.6 just two days ago. This significant rebound suggests that buying pressure has recovered under severe conditions before Ondo.

RSI under 30 usually indicates that the assets have been oversold, possibly due to a rebound Ondo’s recent surge.

Now that the RSI has moved above 50, it seems to be shifting, although it is still in the neutral zone rather than strongly bullish, momentum seems to be shifting, but it seems to be shifting.

RSI is a momentum indicator that measures the speed and amplitude of price movements from 0 to 100. Readings exceeding 70 indicate excessive conditions and potential for callbacks, while readings under 30 indicate excessive conditions and possible price recovery.

With Ondo’s RSI now at 54.7, the asset is in a neutral to area area, which suggests that it still has room to climb if the purchase momentum continues.

If the RSI pushes up 60, it may indicate a stronger bullish momentum, but if it stagnates or falls, ondo price A merger may occur before taking the next step.

Ondo whales hit all-time high

On the last day, the number of whales holding between 1,000,000 and 10,000,000 Ondo dropped slightly to 190. However, despite a small drop, the total number of Ondo whales has been steadily increasing since only 120 people on January 12.

This long-term growth suggests Whales have been accumulatingreflects an increase in confidence in assets. Even though these whales have recently dropped, their holdings are still at their highest ever, which suggests RWA From major investors.

Tracking whale activity is crucial because large holders can influence price movements through accumulation or allocation. The increasing number of whales is often signaled by strong institutional or high net worth investors’ confidence, which can provide price stability or boost bullish momentum.

Although the slight decline from 193 to 190 indicates a short-term distribution, the overall trend remains positive. If the whales continue to grow, ondo price There may be more upside, but if more whales start to be sold, it may lead to an increase volatility Or price correction.

Ondo Price Forecast: Will the golden cross form soon?

Ondo is the largest RWA Coins In the market, the market value is about US$4.5 billion. Its EMA lines are very close to each other, indicating the merger period since yesterday.

If the short-term EMA is at the Emas crossover above the long term, it will form a gold cross, a bullish signal that can push Ondo toward a $1.53 resistance. A breakthrough above this level may further drive the momentum, with the next target of $1.66.

On the other hand, if Ondo cannot establish an uptrendit may face downward pressure. Support dropping to $1.25 may be the first sign of weakness, and Ondo may drop further to $1.00 if that level breaks through.

Given the current merger, the market is at a critical point, the next major move will determine whether Ondo will resume its bullish trend or enter a deeper correction.