Top Analyst Updates His Ondo (ONDO) Price Forecast – Here’s How the Next Breakout Could Play Out

Ondo Finance is stealing the show again after a new analysis from trader Crypto Winkle pointed to a bullish breakout ahead. 

ONDO price is trading around $0.89, and Winkle’s chart shows the token sitting in a critical buy zone between $0.88 and $0.90. If this level holds, he believes the next targets are $0.96 to $1.00, setting the stage for a bigger rally.

ONDO Price Holding Key Support

The daily chart paints a clear picture. ONDO has been moving inside a symmetrical triangle pattern, with strong support rising from the $0.43 area and resistance trending down from past highs near $1.20. 

Right now, ONDO price action is pressing against the lower side of this formation. Winkle highlights that this is the ideal “buy zone” before a potential breakout.

The Relative Strength Index (RSI) is also worth noting. It sits around 37, which is close to oversold territory. That means sellers may be losing momentum, creating an opportunity for buyers to step in.

Image Source: X/CryptoWinkle

ONDO Fundamentals Back the Technicals

Beyond the chart, Ondo’s growth story is gathering momentum. According to Winkle, total value locked (TVL) has climbed to $1.66 billion, up 10% recently. 

Of that, $1.3 billion is on Ethereum, with $242 million on Solana and another $100 million spread across XRPL, Mantle, Sui, and Noble.

Daily volumes are now in the millions, and ETFs are outpacing tokenized stocks in activity. Winkle says this makes Ondo a leader in on-chain capital markets, with fundamentals strong enough to support a major price move.

Read Also: Here’s Where Cardano (ADA) Price Is Headed in October

Next ONDO Price Targets

If ONDO holds its ground above $0.88–$0.90, the first upside level is $0.96 to $1.00. A proper breakout above that zone could open the way for a push towards $1.20 and more in the weeks ahead.

For now, all eyes are on the support zone. Holding it would confirm Winkle’s bullish thesis and could trigger the next leg of Ondo’s rally. A drop below the range, however, would delay the move and possibly pull ONDO price back toward $0.80 before buyers regroup.

In short, Crypto Winkle’s fresh forecast suggests Ondo is quietly setting up for its next big run, if key support holds and the fundamentals keep firing.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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