Ondo (ONDOUSD) Price Forecast: April 20
Ondo price is recovering from the downward move; its price retracement may surge above the crucial level to improve the bullish market sentiment. An increase in the bulls’ pressure may break the previous supply value at $1.046 and this may swing up the crypto price to $1.100 and $1.200 supply levels and beyond.
Key Levels:
Resistance Levels: $0.500, $0.600, $0.700
Support Levels: $0.300, $0.200, $0.100
Ondo (USD) Long-term Trend: Bearish (4H Chart)
Ondo is bearish in its long-term outlook. The price retracement which has just begun may surge above the supply levels due to the gradual returns of the bulls. 
The market price made a pullback at the $0.754 supply level below the EMA as the 4-hourly chat opens today which resulted in intraday gains for the bulls.
Now, if the bulls should put extra effort and the coin price on the 4-hourly chart closes above the $1.046 high value, then there is a high probability that the price retracement may surge above the major resistance level, which is the $1.100 mark.
Further, the ONDOUSD pair is now pointing up below level 7% of the daily stochastic. It indicates that the selling pressure has ended. Thus, the price retracement may surge above the $1.100 upper resistance mark and beyond in the days ahead in its long-term outlook.
Ondo (USD) Medium-term Trend: Bearish (1H Chart)
ONDOUSD market has just resumed its rising pattern. Its price retracement may surge above the trend line soon in its medium-term perspective. The coin is trading below the EMA, which confirms its bearish trend.
The high order flow from the bears during yesterday’s session also added to this bearishness. However, the bulls are now in the market to turn around the trend.
At the time of writing this article, after completing the downward move, the price of Ondo which now trades at the $0.754 supply mark below the supply level as a price retracement is an indication that the bulls are actively buying the coin at the moment. This will eventually make the coin gain more strength and push higher.
More upsides are certain as the price indicator shows that the price of Ondo is in an uptrend. It is expected that the coin hit $1.1000 at the high side soon as the price retracement surges higher in its medium-term time frame.
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