Ondo Finance: Why a bullish price breakout is conceivable

INFBusiness
04.09.2025
News

Technically, things have been quiet for the RWA project Ondo Finance (ONDO). Over the past 30 days, the ONDO price has fluctuated within a 20 percent trading range between $0.86 and $1.11.
After the price was recently able to defend the downside around the previous month's low, the bulls are currently trying to recapture the resistance area around $0.98.
With a price increase of more than six percent, the altcoin from the real-world assets sector is one of the top performers among the 100 largest cryptocurrencies in the last 24 trading hours.
After the RWA project announced the acquisition of an SEC-licensed US broker in July, this acquisition now appears to be bearing fruit. Ondo Global Markets debuts today, Wednesday, September 3rd. More than 100 tokenized stocks and ETFs will now be tradable online on the Ethereum blockchain.
If the ONDO price can continue its recovery and sustainably reclaim the resistance zone between $0.98 and $1.00, the area around the previous month's highs of $1.12 will come back into focus. This area has served as an insurmountable hurdle several times in 2025.
A dynamic breakout would allow a trend continuation towards $1.32.
If the bulls stay on top and can break through this chart level, a trend-following move to $1.47 is conceivable.
This would also significantly improve the chances of a breakthrough to the zone around the yearly high of 1.64 US dollars.
However, if Ondo Finance were to start declining at $0.98 or at the latest near the previous month's high, the price would remain trapped in the current trading range.
A pullback to the weekly low of $0.87 is likely. If this support area is undercut by the daily closing price amid continued weakness in the crypto sector, the sideways range would be abandoned in a bearish manner, and the correction could extend toward the July low of $0.75.
The bulls must be there to prevent a retest of the all-time lows at $0.66. From a technical perspective, this area serves as the maximum downside price target.

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