Ondo price has been heating up again, and this time the chart finally gave traders what they’ve been waiting for: a breakout from its long-running downtrend.
After weeks of consolidation, the token has pushed higher, leaving many wondering just how far this momentum can carry.
What you'll learn 👉
What the ONDO Chart Is Showing
If you look at the 4zh chart, ONDO price has clearly broken out of a descending triangle, a pattern that had been capping the price for much of the past month.
What makes this move more convincing is ONDO price didn’t just push above resistance, it also retested the key support/resistance zone and held strong. Rising volume on the breakout adds weight to the bullish case, signaling that demand is flowing back in.
Right now, the immediate upside target sits around $1.20–$1.25, which lines up with the measured move projection from the breakout. If the momentum stays intact, the chart leaves room for even higher moves down the line.
Why Institutional Moves Matter
The breakout isn’t happening in isolation. Just as the technicals flipped bullish, Ondo dropped some huge news on the fundamental side.
The project recently brought in Peter Curley as its new Head of Global Affairs, and his résumé reads like a blueprint for global finance.
From serving at the US SEC and FDIC to advising the Treasury Department and Coinbase, his track record positions him perfectly to navigate the complex world of tokenized markets.
🧩Another piece of the puzzle for $ONDO
— Kyren (@noBScrypto) September 10, 2025
It goes without saying Ondo's been on FIRE lately.
• WisdomTree Global Market Alliance
• Fidelity FDIT 99% OUSG
• Global Markets Launch
Now Ondo adds Peter Curely as Head of Global Affairs
Why's this so huge?
Peter has had extensive… pic.twitter.com/CxO1ppfit1
This appointment comes on top of Ondo’s growing list of heavyweight connections, including partnerships with Fidelity and WisdomTree. It’s becoming harder to argue that Ondo’s rise is a coincidence. The pieces are falling into place, and institutions are starting to take note.
Read Also: Here’s Shiba Inu (SHIB) Price If Ethereum Reaches $10,000
ONDO Price Short-Term Outlook
So what’s next? If ONDO continues to ride this wave, a clean move to $1.25 looks very possible in the short term. A push above that could open the door to even more upside, especially if fresh volume comes in on the next leg.
That said, traders will be watching closely for any rejection at resistance. A failed breakout could send the ONDO price back toward support around $0.90 before another attempt higher. For now, though, the bulls have control, and the breakout gives them the perfect setup to drive price higher.
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