Multiple rebounds from $0.86 establish a firm demand zone, changing focus toward $0.98–$1.12 resistance levels.
Analyst Ali expects upside continuation if ONDO stabilizes beneath $1.00 before attempting a breakout.
ONDO’s TVL hits new highs, with Artemis data showing tokenized ETF adoption outpacing tokenized stocks.
ONDO is above a key price support that has repeatedly acted as a launchpad for upward moves. Analyst Ali confirmed that “$ONDO held $0.86 support,” placing focus on $1.12 as the next upside target
That reaction follows multiple rebounds from the $0.8600 zone since late July, forming a consistent demand base. Each return to this region led to immediate recoveries, indicating the significance of this horizontal platform. Price currently trades between $0.90 and $0.92, keeping pressure leaned upward rather than downward.
Resistance Zones
On the contrary, resistance levels dictate breakout potential. The $0.9800–$1.0000 area has rejected several attempts in previous sessions, creating a short term top. However, analysts now observe higher lows forming beneath that barrier, tightening the structure
Source: Ali on X
Ali predicts a move toward $1.06 should ONDO stabilize beneath $1.00 before attempting a breakout. A sustained close above that range could extend momentum toward $1.10–$1.12, aligning with historical stall points. Failure to maintain strength above $0.90, however, could lead toward retesting $0.86.
TVL Expansion Adds Fundamental Backing
While price action consolidates, on-chain data shows capital continuing to flow in. According to analyst CryptoED, ONDO’s total value locked recently marked another all-time high, indicating persistent protocol engagement
He described the advance as “another ATH,” adding that the next broader target is to $3, although no timeline was provided. Notably, CryptoED noted that ONDO Global Markets posts consistent TVL growth alongside millions in daily trading volume
Data from Artemis shows tokenized ETF adoption rising faster than tokenized stocks across the platform.
Consolidation Toward Expansion
That increase in locked capital emerges alongside strengthening technical signals. The combination of repeated support bounces and growing higher lows suggests buyers have supported positioning. Trading behavior now appears to be transitioning from a ranging phase into a potential expansion leg
Short term traders may monitor reactions near $0.95, while longer term observers likely watch the response at $1.00. As long as price is above the $0.90–$0.92 support, focus is toward a possible drive higher.
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ONDO Holds Key Support as Analysts Identify Break Targets
Multiple rebounds from $0.86 establish a firm demand zone, changing focus toward $0.98–$1.12 resistance levels.
Analyst Ali expects upside continuation if ONDO stabilizes beneath $1.00 before attempting a breakout.
ONDO’s TVL hits new highs, with Artemis data showing tokenized ETF adoption outpacing tokenized stocks.
ONDO is above a key price support that has repeatedly acted as a launchpad for upward moves. Analyst Ali confirmed that “$ONDO held $0.86 support,” placing focus on $1.12 as the next upside target
That reaction follows multiple rebounds from the $0.8600 zone since late July, forming a consistent demand base. Each return to this region led to immediate recoveries, indicating the significance of this horizontal platform. Price currently trades between $0.90 and $0.92, keeping pressure leaned upward rather than downward.
Resistance Zones
On the contrary, resistance levels dictate breakout potential. The $0.9800–$1.0000 area has rejected several attempts in previous sessions, creating a short term top. However, analysts now observe higher lows forming beneath that barrier, tightening the structure
Source: Ali on X
Ali predicts a move toward $1.06 should ONDO stabilize beneath $1.00 before attempting a breakout. A sustained close above that range could extend momentum toward $1.10–$1.12, aligning with historical stall points. Failure to maintain strength above $0.90, however, could lead toward retesting $0.86.
TVL Expansion Adds Fundamental Backing
While price action consolidates, on-chain data shows capital continuing to flow in. According to analyst CryptoED, ONDO’s total value locked recently marked another all-time high, indicating persistent protocol engagement
He described the advance as “another ATH,” adding that the next broader target is to $3, although no timeline was provided. Notably, CryptoED noted that ONDO Global Markets posts consistent TVL growth alongside millions in daily trading volume
Data from Artemis shows tokenized ETF adoption rising faster than tokenized stocks across the platform.
Consolidation Toward Expansion
That increase in locked capital emerges alongside strengthening technical signals. The combination of repeated support bounces and growing higher lows suggests buyers have supported positioning. Trading behavior now appears to be transitioning from a ranging phase into a potential expansion leg
Short term traders may monitor reactions near $0.95, while longer term observers likely watch the response at $1.00. As long as price is above the $0.90–$0.92 support, focus is toward a possible drive higher.
The post ONDO Holds Key Support as Analysts Identify Break Targets appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.