Ondo Token Charges Toward $1.30 as June Rally Heats Up

DeFi’s latest darling isn’t asking permission—it’s taking ground. Ondo (ONDO) bulls smashed through resistance levels like a Wall Street intern crashing the VIP lounge, setting sights on a $1.30 price target by June.

The token’s 30-day chart looks like a hedge fund manager’s cocaine receipt—straight up and to the right. With institutional money creeping into crypto like a banker at a dive bar, ONDO’s RSI suggests this party’s just getting started.

Just remember: in crypto, ’strong uptrend’ is often code for ’greater fool theory in action.’ But hey—at least the charts are pretty.

• Ondo trades at $0.9370, showing strong momentum and growing market capitalization.
• Price action has formed consistent higher highs and higher lows since early April, indicating strength.
• An ascending triangle pattern with $1.00 resistance hints at a possible breakout and price rally.
• No token unlocks until 2026 will reduce supply pressure, supporting long-term bullish potential.

Ondo Finance’s native token, $ONDO, is also showing impressive strength, with its current value at $0.9370 and a 24-hour trading volume of $140 million.

Its market value is currently at $2.96 billion, which ranks it as one of the more significant digital assets in investor attention and capital flow.

Its significant trading activity is a sign of robust market participation, which signifies robust liquidity and sustained support of the price. The asset has continued to trend upward in the short term since April.

The trend is characterized by a series of higher highs and higher lows, a common pattern used to signal persistent bullish sentiment.

This sustained performance is indicative of increasingly confident investor sentiment, which is evidenced by the absence of dilutive risk from tokens unlocking in the short term.

Ondo Shows Rising Trendline, Strong Accumulation Zone

Current price action indicates the development of an ascending triangle pattern, generally considered to be a continuation signal in technical analysis.

The lower trendline is rising, indicating growing accumulation at higher prices, and the resistance line at approximately $1.00 is horizontal, indicating persistent selling pressure at this level.

Even with the rejection in late May at the resistance level of $1.00, the pattern holds firm, with no sign of breakdown. Volume action, while volatile, has risen at inflection points in the price, lending strength to the structure’s validity.

Should the price break convincingly above the $1.00 level with sufficient volume confirmation, the possibility of a push to the area of $1.25–$1.30 in June is possible.

Fundamental Outlook Remains Favorable

Apart from the charts, supportive tokenomics reinforce Ondo’s bullish sentiment. There is no new supply coming onto the market before January 2026, which takes away the major bearish risk that typically haunts assets of a similar nature.

The supply is locked in such a way that whatever the upside is, there is a lower likelihood of the same being undermined by token unlocks or dilutive events.

With firm technical support and favorable underlying conditions, market analysts are anxiously anticipating a breakout that will confirm forecasts. Under current trends, however, ONDO might prove to be one of the top performers by mid-2025.

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