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Market Analysis of NEAR Protocol and ONDO: Opportunities and Levels

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by Giorgi Kostiuk

6 hours ago


NEAR Protocol and ONDO are attracting attention this week following recent price moves. This article analyzes key levels and potential growth opportunities for investors.

NEAR Protocol Market Trends

NEAR experienced a volatile month with a 24% drop and a significant 41% decline over the past six months. A slight weekly recovery of 6% brings some optimism despite the overall downward trend. Current trading ranges are between $2.31 and $4.25, with support at $1.55 and resistance at $5.44. Indicators such as 41 RSI and a negative Awesome Oscillator suggest seller dominance amid a sideways trend.

ONDO Price Trends and Levels

ONDO faced a sharp 34% decline over the past month despite a solid 28% gain over the last six months. Price figures moved between $0.75 and $1.37, reflecting significant swings. Current price activity places ONDO between $0.75 and $1.37, with key support at $0.51 and resistance at $1.74. Indicators show mixed signals with slight bearish hints from a below 50 RSI and negative momentum.

Conclusion

NEAR is expected to bounce back after a recent correction, showing potential for upward movement. ONDO, on the other hand, is facing a crucial point that could determine its next trend. Both coins have significant levels to watch. Investors should monitor NEAR for potential gains and keep an eye on ONDO for any signs of reversal.

NEAR shows signs of recovery, while ONDO is at a pivotal point. It's crucial to watch both coins for investment opportunities.

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