Ondo crypto price pulled back on Friday as the crypto market dropped ahead of a big Bitcoin and Ethereum options expiry. It retreated to a low of $1.0255, down from this month’s high of $1.1228. The ongoing Ondo Markets growth and the inverse head-and-shoulders points to a rebound.

Ondo Crypto Price Technical Analysis Points to a Rebound

The daily timeframe chart shows that the price of Ondo crypto price bottomed at $0.6133 in June this year. It then rebounded and moved to a high of $1.1228. 

A closer look shows that the coin has formed an inverse head-and-shoulders pattern. The head is at $0.6133, while the neckline is at $1.1228, and the two shoulders are at $0.90. A H&S pattern is one of the…