ONDO Breaks $1, Analysts Eye Surge Toward $2 and Beyond
- Ethereum outperformed Bitcoin as altcoins gained 2% to 7% today.
- ONDO broke above $1 after a bullish falling wedge breakout.
- Analysts say ONDO could reach $10 if bull run continues.
The crypto market is slowly shifting back into green territory. In the last 24 hours, Ethereum has outpaced Bitcoin in gains and popular altcoins like XRP, BNB, DOGE, SUI, and ONDO are also seeing healthy upward moves, with prices rising between 2% to 7%.
Crypto analyst Ali Martinez took to social media to show ONDO’s growing strength, predicting a possible surge to $2. After a week of sideways movement and consolidation, ONDO seems to be one of the altcoins ready for a breakout.
Source: AliCharts
In the past few days, ONDO’s price crossed above the $1 mark for the first time since May 2024. This jump came after it broke out of a falling wedge pattern, a bullish signal in technical analysis. Even though there was a slight dip around $0.95 due to sell signals, the price quickly rebounded.
Related: Spot BTC ETFs at $151B: Here is the Needed Catalyst to Hit $1 Trillion
But it’s not just the charts that are painting a bullish picture. ONDO is also making headlines …
The post ONDO Breaks $1, Analysts Eye Surge Toward $2 and Beyond appeared first on Coin Edition.
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ONDO Breaks $1, Analysts Eye Surge Toward $2 and Beyond
- Ethereum outperformed Bitcoin as altcoins gained 2% to 7% today.
- ONDO broke above $1 after a bullish falling wedge breakout.
- Analysts say ONDO could reach $10 if bull run continues.
The crypto market is slowly shifting back into green territory. In the last 24 hours, Ethereum has outpaced Bitcoin in gains and popular altcoins like XRP, BNB, DOGE, SUI, and ONDO are also seeing healthy upward moves, with prices rising between 2% to 7%.
Crypto analyst Ali Martinez took to social media to show ONDO’s growing strength, predicting a possible surge to $2. After a week of sideways movement and consolidation, ONDO seems to be one of the altcoins ready for a breakout.
Source: AliCharts
In the past few days, ONDO’s price crossed above the $1 mark for the first time since May 2024. This jump came after it broke out of a falling wedge pattern, a bullish signal in technical analysis. Even though there was a slight dip around $0.95 due to sell signals, the price quickly rebounded.
Related: Spot BTC ETFs at $151B: Here is the Needed Catalyst to Hit $1 Trillion
But it’s not just the charts that are painting a bullish picture. ONDO is also making headlines …
The post ONDO Breaks $1, Analysts Eye Surge Toward $2 and Beyond appeared first on Coin Edition.
Read More
Solana (SOL) Price Prediction for August 7