This is why the price of ENDo might jump by 50 %

The distinctive symbol of Ondo Finance was recovered after it decreased to its lowest level in Monday, as Bitcoin crashed and most Altcoins was disrupted amid fears of the trade war.

ONDO (OondoThe price jumped to the top of $ 1.4450, an increase of 60 % of its lowest level this week, thus the market height reaches 4.57 billion dollars and its fully diluted evaluation is 14.5 billion dollars.

The currency was recovered after the developers I launched ono NexusA technical initiative designed to cancel the immediate liquidity of the symbolic treasury exporters. It will benefit from the mining and immediate redemption capabilities of OSG, which enhances liquidity and benefit of the distinctive cabinet.

Oondo has partnered with major American companies, including Franklin Templeton, Wisdomtree, Wellington Management, and Fundbridge Capital. Oondo will also include its current partners, such as Blackrock and PayPal, at the launch of Nexus.

The Ecological System in Ondo Finance increased to more than 638 million dollars, up from less than a million dollars in February last year. Most of this money is in Oondo Dollaar Rivel Tokeen (USDY), while the rest in the US Treasury box is in the short term.

Oondo has become a leading player in the distinguished symbol of realistic assets (RWA) (RWA), which is expected to expand dramatically in the coming years. Companies like Blackrock, Apollo Global Management and Franklin Templeton have launched all symbolic projects. Larry Fink, CEO of Blackrock, urged the Securities and Stock Exchange Committee to agree to the stock and bond symbol.

This growth has pushed many symbolic cryptocurrencies to the top of this year. For example, The price of a talisman It has increased by about 5,000 % in the past 12 months, raising the market ceiling to more than $ 5 billion.

Ono price expectations

The daily chart shows that Ondo Tokeen is 0.9235 dollars on Monday, with most cryptocurrencies. It has retracted some of these losses and approaches the main resistance level at $ 1.4760, which is the upper side of the cup and the handle that was formed between June and November last year.

Oondo has also formed a falling spoiler, characterized by the presence of increasing directional lines down. It is one of the most popular bullish plans styles. In addition, Oondo moves slightly higher than the bottom of the trading range on the Murrey Math Lines tool.

Therefore, the currency is likely to suffer from a strong upward outbreak, with the next main level to see $ 2.15, which represents the highest level ever and 50 % higher than the current price.