Bears Still Dominate Ondo crypto as Selling Pressure Starts to Fade

Despite the heavy downside pressure seen lately, Ondo crypto is entering a technically interesting zone where downside energy looks depleted but conviction from buyers is still missing. The daily (D1) trend is clearly bearish. Price at $0.41 sits below the 20, 50, and 200 EMAs, and right on the lower Bollinger Band. However, momentum is already stretched on the downside. This is typically when trend followers are happy, but fresh shorts have to be very careful about chasing entries.

Source: en.cryptonomist.ch

Related symbols: ONDOUSD

2025-12-17 11:29:05 GMT.