ONDO ‘decouples’ from Ethereum to see green – Is $1 price next?

ONDO’s daily chart remained green amidst a bearish market, indicating that it might hit $1 on the charts soon.decoupled from the wider crypto-market as its daily chart remained green, while others bled. In fact, ONDO also managed to outshine the king of altcoins,While most cryptos’ daily charts were red because of the market crash, ONDO chose to move the other way. According toAt the time of writing, it was trading at $0.8269 with a market capitalization of over $1.

However, the supply held by top addresses dropped slightly, indicating that a few whales might have sold their holdings. Its MVRV ratio also seemed troublesome, with the same declining sharply over the last few days.Additionally, a few of the technical indicators also looked bearish. For instance, the Chaikin Money Flow registered a downtick, indicating that its price might soon register a correction.

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