Ondo Finance is a decentralized finance (DeFi) platform that offers risk-isolated, fixed yield loans backed by yield-generating crypto-assets. It aims to bridge the gap between traditional and decentralized finance by providing institutional-grade financial products and services to everyone. The platform focuses on introducing innovative products like tokenized...
Ondo Finance (ONDOUSD) has been on a Channel Up pattern since its first trading days, supported by the 1D MA50 (blue trend-line). Its last Higher Lows was priced on that exact level, so did the one before (March 19).
The last Higher High was been -11% shorter than the previous, so assuming this is a progressive pattern, we expect a new Higher High at 1.5000 (+...
One of the prevailing narratives in this bull market is the institutionalization of cryptocurrency as a legitimate asset class. When Larry Fink initially broached the idea of a Bitcoin ETF (back when it was around GETTEX:25K ), many seasoned traders dismissed it and even bet against Bitcoin. However, IBIT has since emerged as the most successful ETF launch of all...
Based on maping the lowest point after each breakout above 2 hr Bolinger
Could see .78-.80 based on this and all seems bullish barring unforseen selling.
