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

ONDO-2,1%

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.

Related Articles

Dogecoin Price Jumps as Derivatives Demand Signals Breakout

Key Insights Dogecoin surged to a weekly high of $0.103 as improving market sentiment and strong derivatives demand encouraged traders to position for further gains. Futures data from CoinGlass showed a positive funding rate, indicating long traders are paying premiums while positioning for

CryptoFrontNews36m ago

Hidden "Death Spiral" Risk! Ethereum and Bitmine targeted by short-selling institutions

Ethereum is about to undergo a major upgrade, and the market is highly focused on it. However, short-selling firm Culper Research believes that the Ethereum economic model is failing and warns of a potential "death spiral." They point out that a significant drop in transaction fees and shrinking staking rewards will impact network security. The report also mentions Vitalik Buterin selling Ethereum and questions the market fundamentals, suggesting that Ethereum is facing a new reality.

区块客1h ago

Retail investors are not trading cryptocurrencies but stocks? Cryptocurrency market liquidity is moving to the US stock market, AI helps interpret financial reports and boosts confidence

Wintermute's research indicates that retail cryptocurrency funds are flowing heavily into the US stock market, reversing the correlation to become negatively correlated. As liquidity in the crypto market declines, retail investors prefer mature stock markets, aided by generative AI enhancing their investment capabilities. Cryptocurrencies are gradually becoming part of asset allocation.

CryptoCity3h ago

ETH drops 1.36% in 15 minutes: Deteriorating macro sentiment and liquidity crunch trigger spot selling pressure

From 02:45 to 03:00 on March 8, 2026 (UTC), ETH prices fluctuated sharply within the range of 1,936.0 to 1,969.18 USDT. The 15-minute candlestick yield was -1.36%, with an amplitude of 1.68%. The short-term downtrend intensified, market attention significantly increased, trading activity was high, and panic sentiment dominated. The main driver of this anomaly was the widespread decline in global risk assets and escalating extreme panic sentiment. Major US stock indices experienced a sharp pullback, and the VIX fear index soared to 29.49 (+24.17%), leading to

GateNews5h ago
Comment
0/400
No comments