ONDO Price Prediction: This Breakout Pattern Could Send ONDO to $0.85 Next

ONDO6,95%

ONDO has quietly stayed on traders’ radars even through a pretty rough stretch for altcoins. After months of selling pressure, the price is finally starting to calm down near a major support area, and the chart is beginning to look a lot more interesting again.

The ONDO price hasn’t gone on a serious run yet, but the structure is tightening up in a way that usually comes right before a bigger move.

  • The ONDO Price Is Getting Squeezed Inside a Falling Wedge
  • Resistance Is the Wall ONDO Has to Break
  • ONDO Price Outlook From Here

The ONDO Price Is Getting Squeezed Inside a Falling Wedge

On the daily chart shared by Jonathan Carter, the ONDO price has been trading inside a falling wedge for quite a while now. This pattern shows up when price keeps pushing lower, but each move down gets smaller and smaller.

That’s exactly what’s happening here. Sellers have been in control, but they’re losing momentum, and the range is compressing into a tighter channel. Now ONDO is pressing up against the upper edge of that wedge, which is usually the point where things start to heat up.

Source: X/@JohncyCrypto

These setups don’t stay quiet forever, once price runs out of space, volatility tends to come back fast. Support has also been holding strong around the $0.22–$0.25 zone, and buyers keep stepping in there.

Resistance Is the Wall ONDO Has to Break

The big level to watch now is wedge resistance just under $0.30. The ONDO price has been grinding right below it, and this is basically the make-or-break area. If bulls can finally push through, the chart opens up quickly.

The first upside levels traders are eyeing sit around $0.35 and $0.46, which match previous reaction zones. And if momentum really comes back, the bigger targets in the setup stretch toward $0.59, $0.69, and even $0.85.

Of course, nothing is guaranteed. If the ONDO price fails to break out and gets slapped back down, support becomes the key level all over again.

That $0.22 floor is doing a lot of heavy lifting right now. If it breaks, the wedge setup falls apart, and price could slide into another weak leg lower. That’s why this zone matters so much, ONDO is sitting right at a turning point.

Here’s the (Ondo) ONDO Price If Tokenized Stocks Just Become DeFi’s Next Big Collateral Boom_**

ONDO Price Outlook From Here

At the moment, the ONDO price is stuck in a classic squeeze. Support is holding, resistance is tightening, and the wedge is almost complete. That combination usually leads to a sharp move once the market finally chooses a direction.

If ONDO breaks above the wedge, upside targets show up fast. If it doesn’t, traders will be watching support closely for the next reset. Either way, ONDO isn’t drifting anymore, it’s setting up for a real decision move.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Articoli correlati

HYPE Fluctuates Amid Whale Moves: Can Buyers Defend $35?

HYPE faces choppy trading near $35 due to conflicting whale activity. Accumulation trends show gradual buying and growing long-term investor confidence. Key support zones at $33.48–$35.19 will determine HYPE’s next

CryptoNewsLand10m fa

比特币冲高7.2万美元却现“假牛”?停火协议叠加期权到期,市场暗流涌动

在美国与伊朗达成停火协议后,比特币迅速回升至72,000美元,显示出市场对宏观事件的敏感性。然而,衍生品市场的数据显示,此次上涨主要源于避险情绪的缓解,而非新增资金,且期权市场隐含波动率下降,预示短期风险释放。未来几天将关键,预计将有大量比特币和以太坊期权到期,可能影响市场走向。

GateNews15m fa

美伊停火推动比特币突破7.2万美元,以太坊单日上涨6%

美国总统特朗普与伊朗达成两周停火协议后,加密市场反弹,比特币价格突破72,000美元,以太坊涨至约2,257美元。市场情绪由避险转向风险偏好,停火消息引发空头平仓,推动价格上涨。短期内,加密资产走势将受到全球流动性和宏观变量的影响。

GateNews1h fa

特朗普取消“毁灭日”,比特币冲击7.2万美元,全球市场全面反弹

美国与伊朗达成停火协议后,全球金融市场回暖,比特币价格大幅反弹,全球股市同步上涨。分析指出,比特币逐渐成为与宏观经济高度联动的风险资产,未来价格走势受地缘政治和流动性驱动。

GateNews1h fa

The RWA Yield Infrastructure Trade

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

CoinDesk1h fa

江卓尔于 2242 美元做空 ETH,称熊市周期未走完

Gate News 消息,4 月 8 日,莱比特矿池 BTC.TOP 创始人兼 CEO 江卓尔发文表示,已于 2242 美元做空 ETH,这是中短线操作,就像上次 1850 美元做多、2144 美元平掉一样。江卓尔表示,熊市周期还没走完,事件性反弹都是加空机会,还有小概率再次开打。

GateNews1h fa
Commento
0/400
Nessun commento