Bitcoin has finally smashed through its all-time high, now trading steadily above $110,000. While the crypto market is still reacting to this historic move, many traders are already shifting their attention to altcoins, especially those showing early signs of strength.
One of the most talked-about charts right now is Ondo (ONDO), and a few key analysts believe this breakout could be the start of something much bigger.
What you'll learn 👉
ONDO Price Breaks Resistance and Regains Momentum
The ONDO price chart recently flipped bullish after weeks of drifting lower inside a descending channel. That trend has now reversed. ONDO broke out of the downtrend with a strong daily candle and reclaimed the $1 mark, an important psychological and technical level. This bounce happened right after a tap into the demand zone around $0.90, which had previously acted as support.
$BTC just hit a new ATH of $111.8K – now holding strong at $110.4K.
— CryptoED (@Crypto_ED7) May 22, 2025
Meanwhile, $ONDO has broken out above key resistance and is back over $1.
The chart looks mega bullish, and momentum is building.
Next target for me is : $1.20.$ONDO isn’t just another alt — it’s leading the… pic.twitter.com/Mm6uAlY1tq
@Crypto_ED7, a widely followed analyst on X, called the current ONDO chart “mega bullish.” He noted the breakout above key resistance and said momentum is now building. He also pointed out that ONDO is not just following the broader market move but is carving out leadership in the real-world asset (RWA) sector, making it one of the standout tokens in this cycle. His next target? Around $1.20, assuming strength continues.
Analysts Say ONDO Is Positioned to Lead the RWA Narrative
Another analyst, @Quotes_nd_Notes (CryptonautX), also weighed in, describing ONDO as a strong project at the intersection of DeFi and real-world assets. He highlighted ONDO’s innovative approach, strong partnerships, and growing ecosystem as signs of long-term strength. From his perspective, the technical setup now signals a buy opportunity, and he expects explosive growth in the near term.
$ONDO IS Ready For explosive GROWTH!
— CryptonautX (@Quotes_nd_Notes) May 22, 2025
Strong project, bridging real-world assets and DeFi. $ONDO's chart looks promising, and we're expecting a strong bounce back!
Key points:
🔹 Innovative approach to RWA (Real-World Assets)
🔹 Strong partnerships and collaborations
🔹… pic.twitter.com/VhihDY3MyU
These bullish calls are backed by more than just sentiment. Indicators on the chart, including RSI and stochastic oscillators, are flipping upward after being in oversold territory. Volume is starting to pick up again, and the breakout from the falling channel confirms a shift in structure.
Read Also: The Real Reason BlackRock Is Pushing for an XRP ETF
If Bitcoin maintains its position above $110,000 and overall market sentiment remains strong, ONDO could continue to benefit from the rotation into altcoins. With analysts now eyeing $1.20 and beyond, ONDO is no longer just showing signs of life, it might be preparing for a major run.
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