ONDO Defies Gravity: VWAP Breakout Fuels Rally Toward $3 Target

Another day, another crypto punching through resistance while traditional investors scratch their heads. ONDO isn't just holding support—it's gearing up for a potential 50% surge.

The volume-weighted ace up its sleeve

That VWAP breakout isn't just technical jargon this time. The algo traders are locked in, and retail's about to FOMO in after the fact—as usual.

Target locked

The $3 marker isn't just a psychological barrier. It's where the last batch of bagholders from Q1 '25 finally break even. Will they sell into strength or ride the wave? Place your bets.

Meanwhile in traditional finance: bond yields dip, bankers adjust their monocles, and someone's still trying to explain why a 2% CD beats a 200% altcoin run. Bless.

• ONDO is currently trading around $0.7647, showing recent stability near the $0.7428 support zone.
• A key technical breakout above the VWAP line could initiate a major bullish move toward the $3 mark.
• Candlestick analysis and support levels suggest consolidation before a potential upward continuation.
• The $3 price target reflects a long-term projection based on macro trend indicators and historical patterns.

ONDO is priced at $0.7647, accompanied by a 24-hour trading volume of $124.77 million and a market capitalization standing at $2.42 billion.

Despite short-term losses of 1.67% over the last 24 hours and a 1.70% decline for the week, ONDO remains in a consolidation phase above its crucial support at $0.7428.

Such support was recently proven several times and formed the foundation for potential medium-term strength for prices.

Analysts monitoring the token are also asking for caution, at least because the token still follows broader sentiment and liquidity flows very closely.

ONDO VWAP Breakout Signals Strong Bullish Continuation

A major technical factor currently influencing ONDO’s price action is the VWAP, or Volume-Weighted Average Price. The volatility indicator mixes price and volume to give a better sense of the trend in the market. The token trades just shy of this important VWAP level.

A higher break from there WOULD confirm bullish strength and summon a rally towards its forecasted $3 goal.

The chart shows two trendlines, green and yellow, which are on an uptrend and sustaining the bullish formation. Market players are still observing these levels for confirmation of a further surge on the heels of active accumulation points.

ONDO Long-Term Chart Suggests $3 Target Momentum

The longer-term view of ONDO’s price, as derived from macro charting tools, indicates that a MOVE toward $3 is technically feasible.

The chart structure includes historical price peaks, prior resistance points, and upward-trending support lines, all forming a strong technical case.

A previous high around the $3 area aligns with the projected target, which represents nearly a 300% gain from current levels. The consolidation phase between $0.7428 and $0.7662 is viewed as a critical buildup period.

Volume trends and external crypto market dynamics will likely determine whether the token achieves this breakout or revisits its lower support zones.