The Ondo coin is showing signs of life today, breaking out from a descending wedge pattern.
With Ondo crypto price trading around $0.9262, it’s up over 5.95% in just the last 24 hours.
The chart is finally waking up after weeks of low-volume choppiness. This breakout could open the door for a potential retest of the $1.00 psychological resistance and a further push toward the $1.12 level, which aligns with the 200-day Simple Moving Average (SMA).
You can get a detailed Ondo price prediction and insights for the upcoming year.
Key Technical Indicators for Ondo Price
Looking at the technical indicators, we see that the RSI is currently at 55.2, suggesting a neutral-positive momentum.
The previous overbought conditions have been worked off, leaving room for continuation.
The stochastic oscillator is sitting at 32.6 and curling upwards, signaling that fresh upside momentum is building for the Ondo token.
The current price is still trading under the key 200-day SMA at $1.12, which will be a critical level to watch for a medium-term trend shift. If Ondo manages to break above this resistance, it could quickly see a bullish run.
Support: $0.85 (trendline) and $0.80 lower
Resistance: $1.00 (psychological level) and $1.12 (200-day SMA)
Ondo Coin Price Prediction 2025:
Looking ahead, Ondo coin could see serious traction with the growth of the Decentralized Finance (DeFi) ecosystem.
If it manages to hold above the $3.00 support, it could reach an upper high of $3.05.
However, if the market faces uncertainty, we could see a drop to $1.19, with an average price around $2.12 by 2025.
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