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Crypto

ONDO Price Holds Key Support Amid Bull Market Hopes

Guavy AI Editorial Team
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ONDO
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On August 1st, the ONDO price experienced some pressure due to selling actions. However, according to a well-known crypto analyst, Crypto Patel, this recent decline might be just part of a larger setup in the long term.

The ONDO token is currently trading at $0.3875 and has seen a 2.63% drop over the last 24 hours. The daily trading volume reached $147.70 million, with a market capitalization of approximately $1.89 billion.

Crypto Patel explained that major retracements can actually be common occurrences within bull markets, indicating it doesn't mean the bull market is over.

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