CandleFocus ONDO Breaks Out from a Falling Wedge and Holds Key Support: A Major Price Move on the Horizon?
2024-10-07
Author: Content Editor
The article discusses how Ondo Finance (ONDO) has broken out of a falling wedge pattern, indicating a potential price surge. The Relative Strength Index (RSI) is approaching a crucial level, suggesting a massive rally may be on the horizon. If ONDO can flip the EMA-50 into support, projections indicate a rally of over 75%. The platform offers a mix of fixed and variable returns, appealing to different types of investors. With a current price of $0.71, ONDO is attracting attention as it expands its offerings in the DeFi space. Overall, the breakout from the falling wedge pattern indicates a promising future for ONDO.
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