Ondo (ONDOUSD) Price Remains in an Uptrend

Ondo (ONDOUSD) Price Forecast: April 19
Ondo pair is experiencing a surge in volatility and remains in an uptrend with an increase in buying pressure. If the bulls reorganize and push higher, a further bullish breakout from the $0.886 current value will accelerate the new correction phase to retest the $1.046 high value. The next price target could be the $1.200 upper resistance mark and beyond.

Key Levels:
Resistance Levels: $0.600, $0.700, $0.800
Support Levels: $0.300, $0.200, $0.100

Ondo (USD) Long-term Trend: Bullish (Daily Chart)
The ONDOUSD market is having a bullish posture and remains in an uptrend in its long-term outlook as can be seen from the chart below.

The high bullish impact on the crypto at the $0.842 resistance level in the previous session has made the coin price remain in an uptrend above the supply trend lines in its recent high.

The aggressive move by the bulls to a $0.886 supply value above the moving average lines as the 4-hourly chart opens today indicates that the Ondo price remains in an uptrend.

Thus, the bullish correction at the mentioned supply value returns the buy investors to the market for the next increase race.

Therefore, the price would remain in an uptrend if the bulls could regroup and touch the $1.046 high level. This breakout is possible to give buyers a significant footing to bolster further rally.

In addition, the daily stochastic indicates an upward trend, this means that the Ondo price will continue to remain in an uptrend which may likely reach the $1.200 upper resistance level soon in its long-term outlook.

Ondo (USD) Medium-term Trend: Bullish (1H Chart)
The ONDOUSD price remains in an uptrend in the medium-term outlook. This is due to the high impact of the long-term traders on the price flow.

The high bullish pressure on the crypto in the past few hours has sustained the coin price to remain in an uptrend at its recent high.

The market price of Ondo is currently trading at the $0.886 resistance level above the moving average lines. This means that the crypto price remains in an uptrend while the bulls are in control of the market at the moment.

Additionally, the daily stochastic shows an uptrend. Hence, if the coin buyers manage to break above the $1.000 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $1.200 high mark in the days ahead in its medium-term perspective.

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