ONDO [Price Trend Analysis]

1. K-line pattern:

The recent K-line shows a clear upward trend, especially during the period from October 11 to 14, when the price rose from 0.6782 to 0.7326.

In the 4-hour cycle, multiple positive lines were formed, indicating strong buying power.

2. Technical indicators:

MACD: In the 4-hour cycle, both DIF and DEA are positive and gradually expand, and the MACD histogram shows a bullish arrangement, showing that the market is in an upward trend.

RSI: The current RSI value is 61.2613, close to the overbought area, but has not yet entered the extreme area, indicating that there is still some room for growth.

EMA: The short-term EMA (7) is higher than the medium- and long-term EMA (30,120), and the price continues to run above the EMA, supporting the bullish trend.

3. Trading volume:

The trading volume has increased in recent days, especially on October 13 and 14, showing that market participation has increased and capital inflows are obvious.

The increase in volume is accompanied by an increase in price, confirming the current upward trend.

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