Ondo Finance (ONDO) is gaining attention for its focus on real-world asset tokenization, particularly US Treasury Bonds. Since November 5, the native token of ONDO has surged over 235%, reaching new all-time highs. However, recent data shows an increase in ONDO exchange inflows, suggesting potential volatility ahead. Analysts are closely monitoring the token for its next move, as spikes in exchange inflows have historically correlated with significant price movements. ONDO recently reached a peak of $2, but a retracement suggests a potential resistance zone. If the token holds above the $1.83 support level, it could continue its rally and enter a new phase of price discovery. The next few days will be crucial in determining its short-term trajectory.
- Content Editor ( newsbtc.com )
- 2024-12-15
ONDO Exchange Inflows Grow – Volatility Ahead?