ONDO price action lately has been interesting as analysts forecast a price jump. Crypto expert Mrs Whale Pro Max predicts a potential 300% rally for ONDO, targeting a key resistance level.
According to her analysis, the price structure suggests a bullish trend, with historical trendline bounces reinforcing the likelihood of a breakout. Other traders, including TedPillows, share a bullish outlook, citing ONDO’s partnerships and narrative alignment as key growth factors.
Mrs Whale Pro Max’s chart analysis highlights a recurring pattern where ONDO consistently bounces off a rising trendline. This structure suggests strong support, which has historically preceded major upward moves.
🚀 $ONDO
— Mrs Whale Pro Max (@indus_912) March 6, 2025
TARGET: $3.10🎯
The more I look at the $ONDO chart the more BULLISH I get📈
Every time $ONDO has hit that trendline and expect a 300% move up to the 1.618 fib at $3.10🚀🚀
Follow me for more charts and analysis like this🫶 pic.twitter.com/BrPEN307jW
The latest price action indicates another test of this trendline, signaling the potential start of a bullish phase. A falling wedge breakout further strengthens the case for a shift from consolidation to an uptrend.
What you'll learn 👉
Key ONDO Price Levels and Fibonacci Targets
The analyst identifies critical levels that could define ONDO’s next move. The ascending trendline serves as primary support, while resistance is set at $3.10, aligned with the 1.618 Fibonacci extension.
ONDO trades around $1.03, at press time, with the 200 EMA at $1.134 acting as a key breakout confirmation point. Historical price movements show that previous rallies have reached Fibonacci extension targets, making the $3.10 level a realistic objective if momentum sustains.
Momentum indicators further support the bullish outlook. The Stochastic RSI signals oversold conditions with an upward curve, hinting at a potential reversal. ONDO’s ability to break above the 200 EMA at $1.134 could confirm a strong bullish trend. Increased volume would provide additional validation for a breakout.
TedPillows, another trader, remains optimistic about ONDO’s prospects. He points to its association with BlackRock and its presence in former U.S. President Donald Trump’s crypto portfolio as fundamental strengths. He predicts that ONDO could reach between $1.80 and $2 by April, reinforcing the general bullish sentiment.
$ONDO is one of my biggest bags and looks primed for the next leg up.
— Ted (@TedPillows) March 6, 2025
▫️Partnered with BlackRock.
▫️Part of Trump's crypto portfolio.
▫️Belongs to MadeinUSA narrative.
I think $1.8-$2 ONDO by April is highly likely. pic.twitter.com/BRvyJX3YKS
Read also: Why Is the Crypto Market Down Today as Bitcoin Price Dips Below $90k
ONDO’s Potential Price Trajectory
If ONDO follows previous fractal patterns, the price could see a 300% increase from its latest bounce. A confirmed break above $1.134 would set the stage for an initial rally toward $2.00, with the next major target at $3.10.
As long as ONDO maintains support above the ascending trendline, the price structure suggests it is in the early stages of a new bullish cycle.
Monitoring ONDO’s next moves, especially its ability to clear key resistance levels will be worth a look. With analysts identifying strong technical signals, traders anticipate whether the predicted breakout will materialize.
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