Since the end of March 2024, ONDO has experienced a predominantly sideways trading pattern, fluctuating between two horizontal levels of $1.042 and $0.69. The altcoin has repeatedly bounced back from the support and resistance levels, highlighting the market’s indecision and the formation of a narrow range. Nevertheless, in mid-May, ONDO gained traction as the overall market began to recover, and it observed a surge in buying pressure, particularly in Ethereum, following the US SEC’s endorsement of the spot ETH ETF. Stay updated with the latest technology news by visiting NEWSLINKER.
