Analyst: ONDO Crypto Maintains Critical Support Amid Legal Turmoil
2026-08-13 09:32:05
According to CoinMeta, despite the legal turmoil surrounding Ondo Finance, ONDO Crypto remains trading around $0.333. The token has fallen by 1.41% in the past 24 hours, while the overall market has been relatively stable, with Bitcoin declining by 0.42%. There is no clear specific catalyst for this decline. Ondo Finance faces governance disputes after the death of its founder Nathan Allman; a lawsuit was filed in Delaware challenging the authority of Ian De Bode. Analyst Crypto Patel believes that ONDO may form a reaccumulation structure in terms of long-term demand, and $0.5394 is seen as a key closing price for a broader recovery. CoinMarketCap data shows that ONDO is around $0.33, down about 1.4% from the previous day. The current support level is around $0.33, and maintaining this area could lead to an integration range of $0.33 to $0.35.
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Source:The Coin Republic
This content is for market information only and does not constitute investment advice.