Ondo (ONDOUSD) Price Forecast: April 18
Ondo price is increasing steadily; the price is poised to rally above the supply level to stabilize the bullish momentum after completing the downward move. The crypto may increase in volume if the bulls can speed up their buying activities and all the support levels are held in place. The coin might further climb up to retest its previous high of $1.046 mark resulting in a potential buy opportunity for the coin traders.
Key Levels:
Resistance Levels: $0.500, $0.600, $0.700
Support Levels: $0.300, $0.200, $0.100
Ondo (USD) Long-term Trend: Bearish (Daily Chart)
The ONDOUSD pair is set to rally above the supply levels as it makes its way up to the resistance zone in its long-term outlook. 
The price bar can be seen slightly below the moving average line and has confirmed its bearishness. However, the crypto could rally above the supply level soon as the market is facing a high push by the bulls.
The interference of short-term traders to the $0.763 low level in the previous action also contributed to its bearish momentum in its recent high.
Today, buyers increased the Ondo price to the $0.798 supply level below the EMA-50 as the 4-hourly chart opens today. Thus, the coin price could rally above the supply level and advance further if the bulls can redouble their efforts and push above the $1.046 previous highest point.
In continuation, the crypto price is pointing upwards on the daily signal, this suggests that the buying pressure may continue which may rally above the supply level to hit the $1.100 resistance level in its higher time frame.
Ondo (USD) Medium-term Trend: Bearish (1H Chart)
The ONDOUSD market is trending up and this may rally above the supply trend level as soon as we can see the bulls around the market in its medium-term perspective. The coin is trading below the EMA, which confirms its bearish trend.
The bears’ inflow to a $0.769 low value in the previous action has led to the crypto price staying below the supply trend lines in its recent price level.
The coin buyers made a rally to a high of $0.796 resistance level below the moving average-50 as the hourly chart opens today.
If the bears are hindered from further moves, the Ondo price may rally above the supply level to hit $1.000. Doing so will offer a higher footing for buyers to prolong this recovery.
Hence, with the price of ONDOUSD pointing upwards on the daily stochastic, a further uptrend move is certain. It is therefore expected that the bulls will rally above the supply trend levels which may likely hit the $1.100 upper resistance level soon in its medium-term time frame.
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