ONDO‘s in a bit of a pickle, folks. It’s like the coin’s been on a bungee jump without the bungee. Down over 5% in a day and a whopping 19% in a month? Yikes! It’s looking up at Chainlink and Mantra from the kiddie pool of market caps.
Technical indicators are doing the “ums” and “ahs”, and the whales? They’re doing the backstroke away from ONDO.
ONDO’s RSI: The Bounce-Back Kid? 🙄
ONDO’s RSI is like a rubber band; it’s snapped back to 34 after a nosedive to 27.5. Just two days ago, it was chillin’ at 54.39. Talk about mood swings!
The RSI is a fancy name for a gauge that watches how fast and hard prices are partying. It goes from 0 to 100, and below 30 is like the party’s over. Above 70? It’s time for a hangover.
So, ONDO’s RSI is out of the oversold dungeon but still in the basement. It’s like, “Hey, at least we’re not at rock bottom… yet.”
If the RSI keeps its chin up and hits 40 or 50, it might be time to crack open the champagne. But if it slips back below 30? Better grab a helmet.
Whales Are Like, “Nah, We’re Good” 🐋
ONDO’s whales – the big fish with 1 to 10 million ONDO – are playing musical chairs. They were up to 195, then back down to 191. It’s like watching a tennis match, but with more blubber.
These whales are the cool kids at the crypto party. When they dance, everyone watches. So when they start heading for the exits, you know it’s time to check your wallet.
The whales’ “nah, we’re good” move could be a bad sign for ONDO. It’s like the popular kids leaving the party – suddenly, it’s not cool anymore.
ONDO: The $0.70 Dropout? 📉
ONDO’s EMA lines are in a funk, like a sad trombone. If this keeps up, ONDO might be taking a dive to test the waters at $0.73.
If it breaks below that, we’re talking sub-$0.70 territory for the first time since November. Yikes, talk about a cold shower!
But hey, if ONDO decides to channel its inner Rocky and get back in the ring, we’ll be watching the $0.82 resistance like a hawk.
If it breaks through, it could be time for a comeback tour. And if the whole RWA gang gets their groove back? Watch out, $1.23, here comes ONDO!
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2025-03-29 21:31