ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show
- Break above $0.91 could push ONDO price closer to $1.
- SUI holds strong support between $2 and $2.40 right now.
- SUI breakout above $2.40 could target $3 in the short term.
The crypto market shows signs of life today, led by Bitcoin climbing above $87,000. While most altcoins recovered slowly, standouts SUI and ONDO posted gains of over 5%, outpacing the broader market rebound.
ONDO Price Analysis: Targeting $1?
ONDO showed signs of stability, bouncing back after holding support near $0.82 during the Easter weekend. Despite earlier expectations of a drop toward $0.77–$0.78, the price held firm and has since moved upward.
Currently, trades within a consolidation range between $0.77 and $0.89—a zone it has respected since early March. Now, the big question is whether it can break above its key resistance around $0.91 and hit $1.
However, ONDO remains closely tied to Bitcoin, with over 75% correlation. That means any pullback in BTC could quickly drag ONDO down as well. While volume has picked up post-holiday, it hasn’t matched the strength seen during past upward moves.
Unless there is an increase in volume, ONDO might …
The post ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show appeared first on Coin Edition.
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ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show
- Break above $0.91 could push ONDO price closer to $1.
- SUI holds strong support between $2 and $2.40 right now.
- SUI breakout above $2.40 could target $3 in the short term.
The crypto market shows signs of life today, led by Bitcoin climbing above $87,000. While most altcoins recovered slowly, standouts SUI and ONDO posted gains of over 5%, outpacing the broader market rebound.
ONDO Price Analysis: Targeting $1?
ONDO showed signs of stability, bouncing back after holding support near $0.82 during the Easter weekend. Despite earlier expectations of a drop toward $0.77–$0.78, the price held firm and has since moved upward.
Currently, trades within a consolidation range between $0.77 and $0.89—a zone it has respected since early March. Now, the big question is whether it can break above its key resistance around $0.91 and hit $1.
However, ONDO remains closely tied to Bitcoin, with over 75% correlation. That means any pullback in BTC could quickly drag ONDO down as well. While volume has picked up post-holiday, it hasn’t matched the strength seen during past upward moves.
Unless there is an increase in volume, ONDO might …
The post ONDO and SUI Buck Trend With 5% Gains: Here’s What the Charts Show appeared first on Coin Edition.
Read More