ONDO Breaks Out of 3-Month Accumulation Zone, Jumps 16% in a Day
BeInCrypto
Ondo Finance (ONDO) surged 16% as it broke out of a three-month accumulation phase, bolstered by technical indicators and favorable regulatory news.Summary
Ondo Finance (ONDO) experienced a significant 16% price increase, successfully exiting a three-month accumulation range. This bullish movement is supported by technical indicators, including a volume spike and rising RSI, alongside positive sentiment regarding potential SEC innovation exemptions for tokenized securities. Market analysts and technical data suggest further upside potential toward $0.41 and $0.47, provided the support level at $0.33 remains intact.
(Source：BeInCrypto)