Ondo accumulation zone signals target between $ 5 and $ 10 – will the bulls deliver?
- Ondo forms a positive setup with short -term goals at $ 3.11 and long -term destinations of up to $ 10 if the important support lasts $ 0.58.
- Analysts see the Ondo accumulation zone at $ 0.6 to $ 0.8, which signals potential profits of 400% -500% when the historical trends are repeated.
Ondo (ONDO) again gains attention because technical indicators indicate a possible outbreak from the current trading range. Analysts assume that the token could prepare for an upward movement, whereby the long -term forecasts provide for goals between $ 5 and $ 10.
However, the trade below $ 0.83 indicates that Ondo has the first signs of an interest bully structure in the middle of a wider accumulation zone, which causes traders and investors to ask whether the current setup could reflect past lead.
The technical analyst cryptogenius wisely on a recurring pattern in Well-kursdiagrammhin. Every time the token approaches a support trend line, it recovers towards the Fibonacci extension level. This pattern has been held over several previous cycles, with the recovery consistently reaching the 1.618 extension. This expansion predicts a price target near $ 3.11 in the current formation.
The value is currently moving within a falling wedge, a structure that is accompanied by a reversal. At the same time, the stochastics are approaching the oversized area, which indicates that the price dynamics could soon turn back. The support zone between $ 0.58 and $ 0.6 remains critical, a falling below this brand would undermine the positive arguments.
Short -term setbacks are still possible. Analysts indicate that ONDO as part of a liquidation phase could visit the area between $ 0.68 and $ 0.72. A quick recovery over $ 0.70 would signal strength and maintain the current trend structure.
Analysts outline price targets of $ 2, 5 and $ 10
The market analyst Crypto Patel has also commented on this interest bullish view and the current range of Ondo has described this zone in the past as a starting ramp for recovery between $ 0.6 and $ 0.8. According to Patel, Ondo could increase by 400 to 500 percent if the historical behavior continued, which results in potential long -term price targets at 2, 5 and possibly $ 10.
$ONDO Near Golden Entry Zone — Is #ONDO Ready for a 5x Move?
ONDO/USDT is trading near the 0.786 Fib level — a high-probability accumulation zone. HTF structure suggests potential for a 400-500% upside post-breakout.
Accumulation Range: $0.80 – $0.60
Targets: $2/$5/$10… pic.twitter.com/uL0yN9YzWz
— Crypto Patel (@CryptoPatel) April 2, 2025
One factor that supports this view is the earlier 200% increase in token under similar conditions. The liquidity concentration above the current price, especially around $ 1.36 mark, could trigger a short squeeze if the market makers drive the price movement towards higher liquidation zones.
Patel’s analysis indicates that the current setup favors accumulation rather than a distribution, which means that buyers could still prepare for a longer upward trend.
Ondo has only moderate growth because the market is expecting the outbreak
In the last 24 hours, Ondo has increased by 2.06% and acts at $ 0.8297. Despite a decline in the 24-hour trade volume by $ 210.8 million, market capitalization of the token has increased by $ 1.57 % to $ 2.62 billion. This indicates a careful but positive change in mood.
Ondo is now in 34th place after market capitalization, with 3.15 billion tokens in circulation with a total supply of 10 billion. It also has more than 129,000 owners, which reflects a constant interest of private individuals and institutions.
While the confirmation of an outbreak is still pending, the combination of structural support, technical setups and accumulation activities indicates that Ondo could prepare for higher goals.
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