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By cryptostar · Posted
ONDO price recently surged to $1.71, following significant whale investment and integration with BounceBit, signaling increasing market confidence. Analysts predict that ONDO coin could continue its upward momentum, with future price projections suggesting a potential rise to $2.50 by 2025, depending on market trends and adoption. With its strong institutional backing and strategic partnerships, ONDO’s future looks promising, making it an exciting token for investors seeking growth opportunities in the DeFi sector. Founded in 2021 and based in the US, Ondo crypto is focused on bridging the gap between institutional finance and decentralized ecosystems. The company is led by a team with strong roots in traditional finance, including experience from Goldman Sachs’ Digital Assets division. Ondo token partners include giants like Blackrock and Morgan Stanley, enhancing its credibility in the financial sector. Adding to the platform's momentum, a prominent crypto whale has purchased a significant amount of ONDO tokens. The whale invested $17.14 million to acquire 10.98 million ONDO tokens, signaling strong investor confidence in the platform’s growth despite broader market fluctuations. The transaction, executed at an average price of $1.71 per token, indicates a positive outlook for the platform’s future. With significant partnerships, a robust product offering, and a major whale investment, Ondo Finance is well-positioned for continued growth in the DeFi space. As the CeDeFi ecosystem expands and USDY gains adoption, the future looks promising for ONDO holders. As of December 2024, Ondo coin is priced at $1.71, with a market cap of $1.1 billion and a 24-hour trading volume of $47 million. It currently holds a rank of #125 among cryptocurrencies. The coin has shown strong upward movement recently, and analysts predict it could reach $2.08 by the end of the year. source - Coinpedia market Check out the latest Ondo price prediction and market analysis to see how its strong momentum, strategic moves, and whale investments are positioning it for potential growth in 2025. For more details, visit our comprehensive price forecast guide. With significant partnerships, a robust product offering, and a major whale investment, Ondo Finance is well-positioned for continued growth in the DeFi space. As the CeDeFi ecosystem expands and USDY gains adoption, the future looks promising for ONDO holders. -
Magic Eden, a renowned NFT marketplace, has unveiled the $ME token as part of its ecosystem expansion. The token is designed to facilitate trading of both fungible tokens and NFTs across major blockchains, aiming to streamline cross-chain interactions. Recently, $ME has gained significant traction, experiencing a 49.40% increase in its value. Join $ME Listing Carnival and share in a massive $ME reward pool. $ME token now live on CEX with the following key milestones: Deposits Open: December 9, 2024, at 07:00 UTC Trading Starts: December 10, 2024, at 14:00 UTC Withdrawals Open: December 11, 2024, at 10:00 UTC As part of its listing requirements, BingX emphasizes compliance with advanced KYC protocols and prohibits market manipulation practices, including wash trading. These measures aim to ensure transparency and fairness in the trading environment. Given Magic Eden's influence in the NFT sector, the $ME token has the potential to enhance the trading experience by bridging the gap between crypto and NFT markets. Its performance in the coming days may provide insights into its long-term role in the evolving blockchain ecosystem. -
By tradinglounge · Posted
MARUTI SUZUKI INDIA – MARUTI (1D Chart) Elliott Wave Technical Analysis Function: Counter Trend Lower (Intermediate degree, orange) Mode: Corrective Structure: Impulse, within larger degree Wave A Position: Minute Wave ((iii)) Navy Details: Minute Wave ((iii)) is now progressing lower against 13680, as an extension. Invalidation point: 13680-85 MARUTI SUZUKI Daily Chart Technical Analysis and potential Elliott Wave Counts: MARUTI SUZUKI daily chart is indicating a potential trend reversal after terminating Minor Wave 5 Grey of Intermediate Wave (5) Orange around 13680 high. The stock is about to complete its first impulse wave lower as the Minute sub waves unfold against 13680 resistance. The stock had dropped through 6530 lows in March 2022, terminating Intermediate Wave (4) Orange. The subsequent rally can be clearly seen unfolding as an impulse marked as Minor Waves 1 through 5 Grey. Please note Wave 3 was an extension while Wave 5 completed as a diagonal. If the above is correct, a major top seems to be in place around 13680 levels as the first impulse drop continues to unfold. MARUTI SUZUKI INDIA – MARUTI (4H Chart) Elliott Wave Technical Analysis Function: Counter Trend Lower (Intermediate degree, orange) Mode: Corrective Structure: Impulse, within larger degree Wave A Position: Minute Wave ((iii)) Navy Details: Minute Wave ((iii)) is now progressing lower against 13680, as an extension. Furthermore Minuette Wave (iv) could be unfolding as a triangle now. Invalidation point: 13680-85 MARUTI SUZUKI 4H Chart Technical Analysis and potential Elliott Wave Counts: MARUTI SUZUKI 4H chart is highlighting the sub-waves after Minor Wave 3 Grey terminated around 13065 mark. Minor Wave 4 unfolded as a zigzag, terminating around 11,540 mark. Minor Wave 5 pushed through 13680 unfolding as an ending diagonal. The stock has reversed sharply from 13680 levels and is unfolding as an impulse with Minute Waves ((i)) and ((ii)) in place already around 12060 and 13600-50 levels respectively. If the above holds well, prices would continue dragging lower as Minute Wave ((iii)) extends. Conclusion: MARUTI SUZUKI is progressing lower within Minute Wave ((iii)) Navy against 13680 high. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here!
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