ONDO Token Holds Strong at $1 Support Amid Market Volatility

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-10 10:34:17

ONDO News -

ONDO shows remarkable resilience in a bearish market, holding steady at $1.01 despite a 3.96% daily drop. Technical indicators remain bullish—MACD signals positive momentum at 0.0028, while the token trades comfortably above key moving averages.

Analysts highlight the lack of token-specific catalysts, interpreting this stability as a sign of strong institutional backing. With an RSI of 56.62, ONDO sits in neutral territory, leaving room for upside as market conditions improve.

Traders are closely monitoring the $1 psychological level. ONDO's ability to maintain this support during sector-wide consolidation suggests underlying strength, potentially offering strategic entry points for investors betting on the next market rally.

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