Bittime – Ondo Finance (ONDO) is all the rage these days. This is driven by its stable price at $0.72 (around Rp. 11,520 per USD). This crucial support level coincides with the ongoing Bitcoin (BTC) bullish trend. This condition prompted analysts to revise their estimates for Ondo. Could Ondo surpass its previous target of $1.04 (around IDR 16,320 per USD)?
Strong Foundation for Growth
The fixation of the Ondo price at the support level of $0.72 (around IDR 11,520 per USD) indicates strong buying pressure. This creates the potential to act as a springboard for further price increases.
Riding Bitcoin's Rise
Bitcoin's recent surge has had a positive impact on the overall cryptocurrency market. Ondo appears poised to benefit from this momentum, potentially lifting along with Bitcoin's bullish trend.
Exceeding Expectations
ONDO to USDT Analyst By DECILIZER | TradingView
Initial estimates for Ondo are around $1.04 (around IDR 16,320 per USD). However, the current price movement shows that Ondo could even break through this target. This is certainly attractive to early investors who have entered the Ondo market.
Room to Continue Growing Towards $2.8
While surpassing $1.04 (around IDR 16,320 per USD) is a significant achievement, some analysts believe that Ondo has the potential to rise even higher. The price forecast for the second half of 2024 ranges from $2.5 to $2.8 (approximately IDR 39,750 to IDR 44,080 per USD), indicating large room for growth.
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Continuing Initial Success
This bullish outlook follows the impressive achievements achieved by Ondo previously. Early investors have likely already witnessed significant gains, with some reports indicating potential gains of up to 270%.
This past performance strengthens investors' confidence in Ondo's future potential.
Also Read How To Buy Crypto:
Interesting Opportunity
With strong support levels, positive trends in the crypto market overall, and the ability to exceed expectations, Ondo presents an attractive opportunity for investors. Keep in mind, thorough research and a diversified portfolio are essential when navigating the ever-evolving cryptocurrency landscape.
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How to Buy Ondo (ONDO) on Bittime
You can buy and sell Ondo (ONDO) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Ondo (ONDO) is available on Bittime with the ONDO/IDR market pair . To be able to buy ONDO IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Ondo (ONDO) on Bittime .
Monitor the price chart movements of Ondo (ONDO), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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