ONDO just closed above the 50MA and 100MA on the daily chart — now it's knocking on the door of the 200MA. If it breaks through, the next target is $3.
The RSI is around 56.7, suggesting neutral momentum—neither overbought nor oversold. This indicates that while there's potential for upward movement, confirmation of a breakout is essential.
"THE CHART IS SIMPLE AF"
#ONDO #CryptoAnalysis #ONDOUSDT #TechnicalAnalysis #TradingView
The RSI is around 56.7, suggesting neutral momentum—neither overbought nor oversold. This indicates that while there's potential for upward movement, confirmation of a breakout is essential.
"THE CHART IS SIMPLE AF"
#ONDO #CryptoAnalysis #ONDOUSDT #TechnicalAnalysis #TradingView
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.