Alvin Lang
Sep 13, 2025 11:55
ONDO trades at $1.12 (+3.82%) following a confirmed breakout from bullish pennant sample. Technical indicators sign continued upward momentum towards $1.14 resistance.
Fast Take
• ONDO at present buying and selling at $1.12 (+3.82% in 24h)
• Confirmed breakout from bullish pennant sample drives 12% surge to $1.06 excessive
• Tokenized securities growth on Ethereum supplies basic assist
What’s Driving Ondo Worth At present?
The ONDO worth motion over the previous week tells a compelling story of technical momentum constructing on basic developments. On September 10, ONDO confirmed a breakout from a bullish pennant sample, triggering a pointy 12% intraday surge that pushed the token to $1.06 earlier than settling at present ranges round $1.12.
This technical breakout adopted Ondo Finance’s September 6 announcement increasing its tokenized U.S. shares and ETFs on Ethereum. The platform now provides non-U.S. buyers 24/7 entry to over 100 tokenized securities, with formidable plans to scale to over 1,000 by year-end. Whereas the preliminary announcement had a impartial impression on ONDO worth, consolidating round $0.90, the following technical breakout has validated the bullish sentiment surrounding these developments.
The mix of increasing real-world asset tokenization and powerful technical momentum has positioned ONDO for potential continued features, with in the present day’s 3.82% advance constructing on the latest breakout momentum.
ONDO Technical Evaluation: Sturdy Bullish Alerts Emerge
Ondo technical evaluation reveals a number of bullish indicators aligning for potential continued upside. ONDO’s RSI at present sits at 68.81, approaching overbought territory however nonetheless inside a impartial zone that means room for additional features earlier than hitting exhaustion ranges.
The transferring common construction strongly favors bulls, with ONDO buying and selling nicely above all key averages. The present $1.12 worth sits considerably above Ondo’s SMA 20 at $0.95 and SMA 50 at $0.97, indicating sturdy momentum. The EMA 12 at $1.01 and EMA 26 at $0.98 present the shorter-term development accelerating upward.
ONDO’s MACD tells an equally bullish story, with the primary line at 0.0292 nicely above the sign line at 0.0046. The MACD histogram studying of 0.0246 confirms strengthening bullish momentum for Ondo. The Stochastic indicators at %Okay 94.10 and %D 93.73 recommend ONDO is in overbought territory, probably signaling a near-term pause or pullback.
Maybe most telling is ONDO’s place relative to Bollinger Bands. With a %B studying of 1.1028, ONDO is buying and selling above the higher band at $1.09, indicating sturdy momentum but in addition suggesting the token could also be due for consolidation close to present ranges.
Ondo Worth Ranges: Key Assist and Resistance
Based mostly on Binance spot market knowledge, ONDO faces fast resistance at $1.14, which coincides with each the sturdy resistance stage and the 52-week excessive. This stage represents a essential check for bulls – a break above might sign a transfer into uncharted territory.
On the draw back, Ondo assist ranges are well-defined. The fast assist sits at $0.86, representing a major buffer under present costs. Extra critically, sturdy assist at $0.84 supplies a key ground for any potential pullback. The pivot level at $1.10 might function dynamic assist on minor corrections.
The vast hole between present ONDO worth at $1.12 and fast assist at $0.86 suggests both sturdy underlying demand or potential for vital volatility. Merchants ought to be aware that ONDO’s day by day ATR of $0.06 signifies reasonable volatility, offering each alternative and threat.
Ought to You Purchase ONDO Now? Danger-Reward Evaluation
For momentum merchants, the present setup presents an intriguing however dangerous alternative. ONDO’s breakout from the bullish pennant sample and place above all transferring averages helps a bullish bias. Nonetheless, with ONDO’s RSI approaching overbought ranges and the token buying and selling above Bollinger Band resistance, timing turns into essential.
Conservative merchants may await a pullback towards Ondo assist ranges round $1.10 or the SMA 20 at $0.95 earlier than initiating positions. This method would provide higher risk-reward ratios and affirmation of assist holding.
Aggressive merchants might think about the present ranges with tight stop-losses under $1.10, focusing on the $1.14 resistance for a possible 1.8% achieve. The danger-reward turns into much less favorable at present ranges, however the sturdy momentum might drive ONDO/USDT larger within the quick time period.
Place sizing turns into essential given ONDO’s place close to resistance. The tokenized securities growth supplies basic assist, however technical indicators recommend warning at present elevated ranges.
Conclusion
ONDO worth momentum stays sturdy following the confirmed bullish pennant breakout, with technical indicators supporting continued upside towards $1.14 resistance over the following 24-48 hours. Nonetheless, with ONDO’s RSI approaching overbought territory and the token buying and selling above Bollinger Band resistance, merchants ought to anticipate potential consolidation or minor pullbacks. The important thing stage to look at is $1.14 – a break above might sign additional features, whereas rejection may set off profit-taking again towards $1.10 assist. Danger administration stays important at these elevated ranges regardless of the general bullish development.
Picture supply: Shutterstock
