ONDO Price Analysis: Bullish Structure Points to $3 Rally Potential

ONDO's chart structure screams bullish momentum—technical indicators align for a potential surge toward that elusive $3 target.

Breaking Down the Bull Case

Pattern recognition shows consistent higher lows while volume spikes on upward moves—classic accumulation behavior that typically precedes major breakouts.

Key Resistance Levels

The $1.80 zone represents the immediate hurdle; a clean break above could trigger algorithmic buying from institutional traders chasing momentum.

Market Context Matters

While traditional finance debates rate cuts, crypto assets like ONDO bypass conventional wisdom—because who needs fundamentals when you've got charts that look this pretty?

Risk Management Reality

Remember: past performance guarantees nothing in crypto—except maybe another 'educational' tweet from regulators after the next 20% drop.

• ONDO price signals bullish momentum, maintaining a strong market structure with higher lows and higher highs.
• Weekly breakout above critical resistance confirms buyer dominance and sets the stage for further gains.
• ONDO analysts eye a $2 near-term target, with a potential extension toward the $3 milestone if momentum continues.

ONDO is signaling the potential for continued bullish momentum, mirroring the broader market picture. Its structure of higher lows and higher highs reinforces confidence among traders, who see the breakout as a strong validation that buyers remain firmly in control.

At the time of writing, ONDO is trading at $1.06 with a 24-hour trading volume of $215.68 and a market capitalization of $3.38 billion. The Ondo Price over the last 24 hours is reflecting a minor decline of 3.81%, but over the last week it is up by 17.96%.

Source: CoinMarketCap

Also Read: ONDO price Breakout Alert: Expert Targets $1.40–$1.71 as Momentum Surges

ONDO Price Chart Points to Rally Toward $2–$3

According to the crypto analyst Hailey LUNC, ONDO has broken out of a very significant resistance level in the weekly chart, in a sign that its bullish trend is likely to persist. 

The breakout comes after the fact that the coin has a very clear macro structure, with higher lows and higher highs in place, of continued uptrends. This is considered a very strong technical confirmation that there are very strong buyers in place.

The analysts point out that its weekly framework positions ONDO well for additional gains. Breaching this level was a must, observed a commentator. This confirms that its current uptrend is robust and primes its next leg upwards. The orderly chart action of the token demonstrates that its market is respecting its bullish direction.

Source: X

These market observers have specifically identified ONDO’s two near-term goals. The first target is $2, a milestone in a near-term time frame, which, if attained, could attract additional buying. 

If there remains continued momentum, then ONDO’s next target of $3 is well within reach, signifying a significant continuation of its current rally as well as a continued investor vote of confidence.

ONDO Derivative Data shows Mixed Sentiment

ONDO derivative data provides cautious sentiment. Open interest decreased 2.80% as it closed at $574.74 million, as the trading volume saw a substantial 8.96% increase to $856.31 million. This mismatch is a sign of a market scenario where total positions declined.

Source: Coinglass

The OI-weighted funding rate is 0.0261%, reflecting relatively stable financing of Leveraged positions. This is a moderate level, which means balanced market sentiment, as no strong dominance is seen for either the long or the short positions.

Source: Coinglass

Also Read: Ondo Finance (ONDO) Surges as TVL Hits $160 Million and Breakout Looms