Must‑Watch Cryptos This Weekend – Ondo, SUI And POL Analysis

This weekend, three cryptos are capturing attention with potential for significant movement. Ondo, SUI, and POL are on the radar for investors seeking promising opportunities. The article delves into why these digital assets are standing out, showcasing their potential for growth. With market trends on edge, these cryptos could offer exciting prospects.

Ondo's Mixed Momentum: Short-Term Dips, Long-Term Gains

Ondo recorded an 8.85% gain last week, but this was offset by an 8.61% dip over the past month. However, it showed a healthy rise of 12.06% in the last six months. This price action indicates a volatile market with swift reversals and a gradual build-up of strength. Short-term dips are evident, but the longer-term trend remains positive, reflecting fluctuating market pressures that have overall led to gains.

Current trading places Ondo between $0.75 and $1.37, approaching a near resistance at $1.74 and finding support around $0.51. The market presents mixed signals, with oscillators and RSI readings showing a lack of clear direction. Traders may look to buy near support levels, while a solid break above resistance could signal a potential shift toward bullish momentum.

SUI Price Surge Amidst Short-Term Fluctuations and Long-Term Gains

SUI price last month saw a dip of nearly 6% while the coin bounced up over 18% in the past week. Over the last six months, SUI surged by more than 64%, revealing strong long-term growth despite volatile shorter trends.

Current range falls between $2.11 and $3.83 with key support near $1.40 and immediate resistance at $4.84, followed by a second resistance at $6.56. Bulls seem to be edging in as positive momentum lifts the coin, though the indicators signal no clear trend yet. Trading decisions could aim for accumulation near support with potential targets above immediate resistance.

POL (ex-MATIC): Short-Term Rebound Amid Long-Term Decline

Over the past month, POL fell by nearly 15.7% and declined almost 45.9% over the past six months. A recent weekly gain of 8.1% provided a brief lift, yet the overall trend remains downward. Price action has fluctuated between approximately 0.20 and 0.38 dollars, indicating volatility and caution among traders. Historical performance shows a pattern of weakness mixed with temporary recoveries.

Currently, the price is testing resistance near $0.48, with support around $0.13. Bears dominate the market, as indicators like the RSI at 46.74 suggest limited upward momentum. Traders may seek bounce opportunities between these key levels while keeping an eye on a possible push towards a secondary resistance near $0.65.

Conclusion

Ondo, SUI, and POL are worth keeping an eye on this weekend. Ondo's recent movements suggest potential. SUI shows promising signs of development. POL’s activity could lead to interesting results. Watching these coins might provide insights into market trends.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.