ONDO’s recent uptrend began at the $0.72 support level, resulting in an impressive 100% increase over a span of 20 days, reaching a peak of $1.44. This surge established a new overall resistance trend line. Subsequent to reaching this peak, ONDO experienced a downturn, depreciating by 18.51% in just five days. However, the cryptocurrency was able to recover by 6%, forming a Harami candlestick pattern on the daily chart. This pattern could potentially signal the start of a new bullish cycle if buyers are able to surpass the opening price of the bearish candle at $1.30.
