The post ONDO Rises & TAO Challenges $240; Inside BlockDAG’s Strong Security – Coincu appeared on BitcoinEthereumNews.com.

ONDO Recovers & TAO Encounters $240 Barrier—BlockDAG’s Keynote 3 Showcases Security Validated by Halborn & CertiK! As cryptocurrency markets shift, ONDO and Bittensor are emerging as significant players, garnering widespread interest. The ONDO market analysis shows positive trends, suggesting a potential recovery. Meanwhile, the Bittensor (TAO) market outlook is mixed, with price resistance creating challenges and analysts closely monitoring the support levels. In the midst of these developments, BlockDAG (BDAG) is becoming increasingly prominent due to its significant updates unveiled in its recent Keynote 3. BlockDAG has highlighted its thorough security audits by Halborn and ongoing evaluations by Certik, coupled with the announcement of a new Bug Bounty Program, underscoring the project’s commitment to security. ONDO Market Shows Signs of Rebound The ONDO market is displaying signs of a potential comeback, with recent bullish technical indicators. The appearance of a TD Sequential buy signal on the 12-hour chart suggests the recent drop from $0.86 to approximately $0.77 might be waning. Additionally, an inverse head-and-shoulders pattern, typically a reliable indicator of potential upward momentum, has formed. Furthermore, ONDO’s Total Value Locked (TVL) has surpassed the $1 billion milestone, indicating increasing engagement in the DeFi sector. Strengthened by significant partnerships, such as one with BlackRock, the market sentiment around ONDO is improving. If this trend persists, it’s likely that the ONDO price could soon approach the $0.80 mark. Bittensor Outlook: Can TAO Break $240 Resistance? The current market scenario for Bittensor suggests TAO is encountering downward pressure, with its price recently noted at $227.36. Analysts are paying close attention to the critical support zone between $213.5.5 and $210; a dip below this threshold could lead to further declines, possibly reaching the $200 level. For TAO to shift to a bullish trajectory, it needs to break through the $240 and $260 resistance levels.…

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Filed under: News - @ April 13, 2025 12:04 am