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Ondo Sees $100M Open Positions as Signal for Price Recovery

Guavy AI Editorial Team Published August 23, 2026

Instruments

ONDO

ONDO, a cryptocurrency, has sent a signal of potential recovery after exceeding $100 million in open positions.

The price of ONDO has surged by 14.94% over the past seven days and is now approaching its resistance level at $0.40.

Total trading volume on Ondo Perps has surpassed $9 billion, indicating increased market activity.

Analysts are watching for further price movements, with a critical support level of $0.78 being closely monitored if the current momentum continues.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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