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Crypto

Ondo Price Tests Local Demand Amid Bearish Indicators

Guavy AI Editorial Team
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ONDO
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The price of Ondo (ONDO) has been volatile in recent weeks, dropping by 7% within a week and testing local demand at $0.34.

This downward trend was accompanied by a notable decline in Open Interest from $122 million to $112 million over 24 hours.

The decline in spot CVD alongside negative Funding Rates in recent hours signaled bearish dominance, although the Funding Rate became marginally positive again at the time of writing.

Ondo's price action has lacked a clear trend since early 2026, with the cryptocurrency oscillating within a range of $0.305-$0.42.

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