Ondo Misses The Top, Sill Secures The 2nd Top Gainer of the week
Ondo Misses The Top, Sill Secures The 2nd Top Gainer of the week!
Ondo was on the verge of leading the weekly gainers if it had maintained its intraday high. Yet, facing resistance at the crucial $1 mark and the yearly high, it saw an 8% erosion from its intraday gains, leaving it with a modest 1% increase for the day.
Nonetheless, Ondo has achieved a substantial weekly appreciation of approximately 21.9%. Currently, ONDO is ranked 66th in terms of market capitalization, which stands at $1.336 billion.
The daily trading chart indicates that Ondo has broken out of a month-long consolidation phase and is now trading close to its yearly peak. The pullback from these levels suggests a strong bearish presence, hinting that the bulls may enter a period of consolidation or correction before they can breach the significant $1 threshold
Ondo was on the verge of leading the weekly gainers if it had maintained its intraday high. Yet, facing resistance at the crucial $1 mark and the yearly high, it saw an 8% erosion from its intraday gains, leaving it with a modest 1% increase for the day.
Nonetheless, Ondo has achieved a substantial weekly appreciation of approximately 21.9%. Currently, ONDO is ranked 66th in terms of market capitalization, which stands at $1.336 billion.
The daily trading chart indicates that Ondo has broken out of a month-long consolidation phase and is now trading close to its yearly peak. The pullback from these levels suggests a strong bearish presence, hinting that the bulls may enter a period of consolidation or correction before they can breach the significant $1 threshold