ONDO Daily Analysis

March 8, 2025 ONDO Daily Analysis ONDO Daily Analysis

March 8, 2025 ONDO/USDT ONDO Daily Analysis
ONDO Daily Analysis

Outlook

ONDO current price is 0.9708 USDT and the current market cap is 321.066.531 USDT. This chart period started 210 days ago (11 August 2024) with a total of 98 days closing above the opening price and 112 days closing below the opening price. The lowest price was 0.5374 USDT on 06 September 2024, and the highest price was 2.15 USDT on 16 December 2024. The current price is 80.65% above the lowest price and 54.77% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 1.0222-Day Moving Average: 1.0950-Day Moving Average: 1.24100-Day Moving Average: 1.39250-Day Moving Average: 1.04

Moving Average Analysis

The current price is %4.79 lower than the 5-Day moving average and has been below it for 2 days.The current price is %11.31 lower than the 22-Day moving average and has been below it for 3 days.The current price is %21.98 lower than the 50-Day moving average and has been below it for 20 days.The current price is %30.33 lower than the 100-Day moving average and has been below it for 24 days.The current price is %6.34 lower than the 250-Day moving average and has been below it for 2 days.

Trends

The longest uptrend in the 210 day period is 9 days. It started at 1.01 USDT on 25 November 2024 and ended by increasing by 71.74% to 1.74 USDT on 04 December 2024.The longest downtrend is 9 days. It started at 0.7792 USDT on 23 August 2024 and ended by decreasing -24.15% to 0.591 USDT on 01 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.9734 USDT on 03-03-2025 Support: 0.8656 USDT on 04-03-2025 Support: 0.9623 USDT on 07-03-2025 Support: 0.9537 USDT on 08-03-2025Last 7 days resistance levels: Resistance: 1.15 USDT on 05-03-2025 Resistance: 1.21 USDT on 06-03-2025The lowest support level is 0.8656 USDT on 04-03-2025, and the highest resistance level is 1.21 USDT on 06-03-2025. The percentage difference between these levels is approximately 39.3%.

Volume

Fetched 414 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (07-03-2025) 402,726,310.80 USDT. Highest volume in the last 210 days is 786,859,770.20 USDT on 03-02-2025. Lowest volume in the last 210 days is 18,578,831.50 USDT on 08-03-2025. Difference between highest and lowest volume is 4135.25%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 341,213,821.30 USDT22-day Moving Average Volume: 219,059,729.61 USDT50-day Moving Average Volume: 292,221,798.14 USDT100-day Moving Average Volume: 242,481,473.34 USDT250-day Moving Average Volume: 169,407,807.50 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 402,726,310.80 USDT
Previous day’s volume is 18.03% higher than the 5-day moving average.Previous day’s volume is 83.84% higher than the 22-day moving average.Previous day’s volume is 37.82% higher than the 50-day moving average.Previous day’s volume is 66.09% higher than the 100-day moving average.Previous day’s volume is 137.73% higher than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 55.76% higher than the 22-day moving average.22-day moving average is -25.04% lower than the 50-day moving average.50-day moving average is 20.51% higher than the 100-day moving average.100-day moving average is 43.13% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 14-09-2024 with a volume of 35,694,984.90 USDT and ended on 20-09-2024 with a volume of 128,383,544.40 USDT, lasting for 6 days and representing a 259.67% increase.The longest consecutive volume decrease started on 01-10-2024 with a volume of 169,757,895.50 USDT and ended on 06-10-2024 with a volume of 61,659,858.90 USDT, lasting for 5 days and representing a 63.68% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 0.6432 USDT to 0.6889 USDT, which represents a 7.11% change.During the longest volume decreasing period price increase from 0.7208 USDT to 0.7435 USDT, which represents a 3.15% change.

Strategy

Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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