News on the performance of crypto SUI and ONDO: the latest market analyses

There are a couple of interesting news items regardingthe trend of the price of the crypto SUI and ONDO.

The crypto marketis going through a difficult time, especially regarding altcoins, but in the general turmoil, there are some good news here and there, even if they are few and only good up to a certain point.

Summary

• Analysis of the prices of the crypto SUI and ONDO
• The good news about Sui
• The trend of the price of Ondo
• The good news about Ondo

Analysis of the prices of the crypto SUI and ONDO

SUIis the native cryptocurrencyof the blockchainwith the same name.

It landed on the crypto marketsonly two years ago, so it has not yet gone through any major speculative bubble, like the one in 2021 or the one in 2017.

The initial pricewas $1.4, but in the following months, it dropped below $0.4. Although in March of last year it managed to exceed $2, it later returned to $0.5, nullifying all the gains.

However, starting from September, it had begun an interesting growth phase, initially culminating in October with the new all-time highabove $2.3.

With the electoral victory of Donald Trump,the pricesoared above $5, but starting from the end of January, the mini-bubblebegan to deflate.

For now, it has returned to $2, canceling all the gains from the Trump trade, but the situation now seems potentially interesting.

Price chart of SUI, last 24 hours

The good news about Sui

First of all, the price of Suihas already recovered all the losses accumulated between the weekend and the beginning of this week.

In fact, seven days ago it was around $2.17, but on Monday it had fallen below $1.7, causing fears of much worse. However, now it has returned above $2.1, which is in line with the March price.

On the contrary, after the drop below 2.1$on March 11, it seems that a phase of lateralizationhas begun with volatilitythat in fact has not stopped the bear trendin the medium-short term.

Additionally, Suirecorded the largest stablecoin inflowsamong all blockchains in the last 24 hours, with a net increase of 6.1 million dollars, just as strong outflowswere recorded by many other blockchains, such as Ethereum, Solana, and BNB.

This suggests that there may be a growing speculative confidencein SUI, and an increasing demand due to the rise in on-chain activity.

Although this is not enough to predict further price increases of SUI, it suggests that it is probably not a coincidence that since March 11 the bear trendhas been interrupted.

The trend of the price of Ondo

ONDOis the token on Ethereumof the namesake crypto project.

It landed on the mercati cryptojust over a year ago, so there is even less history to analyze compared to SUI.

Its trend in some ways is curious, because last year after debuting at 0.22$it immediately shot up to 1.4$in the following months, only to correct just as quickly below 0.6$.

With the Trump trade, a new small surge began, in some ways similar to the previous one, which led it to the all-time highof $2.1in December. Since then, it has entered a bear phasethat may have ended on Monday below $0.7.

Its as if it continuously alternates between rising phases and falling phases, and although the lows of the falling phasesseem to be ascending, what is most striking is the continuous formation of mini-bubbles, almost without interruption.

Price chart of ONDO, last 24 hours

The good news about Ondo

The good news is that compared to $0.57on Monday, the pricehas now risen to $0.88.

This is a +20%in a few days that is giving hope, also because for now it actually seems to have managed to end the bear phasethat started back in January.

The interesting thing is that from the analisi tecnicaemerges the possibility that in the coming days, or in the coming weeks, not only might the descending phase not resume, but a new fase ascendentemight even begin.

Given the historical precedents, the possibility cannot be excluded that it is a new mini-bolla, ready to burst at the next inevitable crisis.

The on-chain activityconcerning ONDOis also volatile, so it is necessary to pay close attention, especially if you choose to holdthis token.