If $ONDO breaks the 1.60-1.58 support levels, it could potentially drop to around the 1.48-1.52 range, which might be a good entry point for a long-term position.
However, if it holds above the trendline, there is potential for the price to rise toward 2.00-2.10.
Keep in mind, there is significant liquidity around the 1.89 level, so that could play a key role in the price movement. What are your thoughts?
$ONDO Many believe ONDO 25% token unlock on January 18, 2025, might create selling pressure, causing hesitation among some investors. But let’s look at the bigger picture:
1️⃣ A potential ONDO listing on Binance Spot could spark a significant bullish rally. 2️⃣ Donald Trump’s inauguration as the 47th President of the United States on January 20, 2025, is expected to boost overall market sentiment.
It’s likely the ONDO team could strategically list on Binance before the token unlock, allowing the market to absorb it during a bullish period.
Now might just be the perfect time to invest in ONDO!
🔍 On-Chain Update: A whale has made a bold move! Over the past 24 hours, they spent 2.14 million USDT to acquire 1.34 million ONDO at an average price of $1.60 and deposited it into Bybit. This could be a strong indicator of what’s to come.