ON PRICE EXPLODES HIGHER 🚀💸
The $ON price is witnessing a significant surge, with a 40.6% gain in the last 24 hours, reaching a high of $0.36876, and a notable increase in trading volume, reaching $539.24M 📈. This uptrend is supported by a strong momentum structure, with the price action breaching the key resistance zone of ~$0.36692, and the current volume suggests a high level of interest in the asset, which could lead to further upside 📊.
The price has retreated from the highs, but the overall momentum remains bullish, with the mid range area of $0.27515 providing support, and the asset is trending on CoinGecko, rank #77, which could attract more retail attention and fuel the rally 🚀. The breach of the order block and the acceleration of momentum suggest a possible continuation of the move, with the next resistance zone at a higher level 📈.
Levels to monitor:
Watching support around $0.18245
Structure suggests resistance near $0.36692
Mid range area: $0.27515
DYOR
Follow for Updates
#ON #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $ON price is witnessing a significant surge, with a 40.6% gain in the last 24 hours, reaching a high of $0.36876, and a notable increase in trading volume, reaching $539.24M 📈. This uptrend is supported by a strong momentum structure, with the price action breaching the key resistance zone of ~$0.36692, and the current volume suggests a high level of interest in the asset, which could lead to further upside 📊.
The price has retreated from the highs, but the overall momentum remains bullish, with the mid range area of $0.27515 providing support, and the asset is trending on CoinGecko, rank #77, which could attract more retail attention and fuel the rally 🚀. The breach of the order block and the acceleration of momentum suggest a possible continuation of the move, with the next resistance zone at a higher level 📈.
Levels to monitor:
Watching support around $0.18245
Structure suggests resistance near $0.36692
Mid range area: $0.27515
DYOR
Follow for Updates
#ON #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare