ONDO slips 3.41% from prior close, tests short-term moving averages
- —Price at $0.4695 versus prior close of $0.4861, a drop of about 3.41%
- —Trading below 7-, 15- and 20-day SMAs but above 30-, 50-, 90- and 200-day averages
- —MACD is bearish; RSI at 49.9 sits near neutral
- —Daily volume of $271.4 million is 6.18% below the 30-day average
Why it matters: The break below short-term averages on below-average volume signals downside risk unless ONDO holds the $0.4637 support.
Source: DiarioBitcoin