ONDO price is starting to gain momentum again, with prominent analysts sharing very different takes on where the price could be headed next.
Right now, the token is trading around $1.04, and the next move could be big, but whether that move is up or down depends on which chart you believe.
Crypto analyst Ali Martinez sees a breakout forming with a target of $2.80, while another indicates the current bounce might just be a pause before another leg down.
What you'll learn 👉
A Bullish Case Points ONDO Price to $2.80
Crypto analyst Ali Martinez shared a 3-day chart showing ONDO in a clean, rising channel. In that setup, ONDO price is coming off a solid bounce near the lower boundary of the trend and is pushing past key resistance near $1.05.
He sees this breakout continue in a stair-step pattern, possibly moving first to around $1.40–$1.50, then toward $1.70–$1.90, and eventually making a move to the top of the channel at $2.80. The last major high was around $2.50, so the $2.80 target isn’t far-fetched if buyers stay in control.
ONDO has also bounced from the same support zone three separate times in the past year, giving even more strength to the idea that this channel is holding up well.
A Cautious View On ONDO Suggests One More Dip
Meanwhile, MoreCryptoOnline is reading the ONDO chart through the lens of Elliott Wave Theory and sees things a bit differently.
According to his breakdown, ONDO price is still in Wave 4, and the move we’re seeing now might just be the B-wave, which means a C-wave drop could follow before a real breakout happens.
$ONDO: Wave 4 support is still holding. It is possible that the bounce we see right now is only the B-wave in wave 4. pic.twitter.com/RwKVCiSm81
— More Crypto Online (@Morecryptoonl) July 24, 2025
He’s watching the Fibonacci levels closely, with the current price sitting right around the 23.6% retracement. If ONDO can hold above $1.04, the bullish structure may still play out. But if that level gives way, the next support zones to watch are $0.97, $0.91, and even $0.86.
ONDO Price Key Levels To Watch
For traders watching ONDO price, it really comes down to how the token behaves around the $1.04–$1.10 range. A clean move above $1.10 could set the stage for a bigger rally.
But if it breaks down from here, it could confirm the C-wave and send the price back toward the lower support range.
Both ONDO charts point to big potential moves, just in different directions. Which one plays out will depend on how ONDO handles this key zone in the coming days.
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