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Experts Say ONDO Price Could Be Setting Up for a 50% Spike – Here’s How It Could Happen
Ondo (ONDO) has been getting a lot more attention lately, and it’s not hard to see why. The project just finalized its acquisition of Oasis Pro, which gives Ondo something very few crypto firms have: SEC registrations as a broker-dealer, an alternative trading system, and a transfer agent
This puts Ondo in a strong position to build fully compliant markets for tokenized U.S. assets like Treasuries and private equity. The only limitation right now is that some Ondo assets are still unregistered for U.S. retail investors, so the impact won’t be immediate.
There’s also the new Chainlink partnership, which will use CCIP to settle tokenized assets across different blockchains. It’s a solid infrastructure upgrade, especially for institutions that want reliable cross-chain settlement
And on top of that, Ondo recently expanded to BNB Chain, giving more than a million daily users access to 100+ tokenized U.S. stocks and ETFs through PancakeSwap. That’s a big step for reaching a broader audience and growing the entire RWA market.
ONDO Chart Analysis
The chart from WorldOfCharts shows a clear shift in momentum. For weeks, the ONDO price was stuck in a falling wedge pattern, making lower highs and lower lows as volatility tightened. That kind of price action usually means the market is building pressure for a bigger move, and that’s exactly what has happened.
ONDO has now broken above the wedge’s resistance line, which is the first real sign that the trend might be turning. The breakout also pushed price above a key horizontal level that acted as resistance several times before
This reclaim is important – it shows buyers stepped in with strength and flipped the structure back into a bullish position.
Source: X/Worldofcharts
According to the tweet, a 50%+ move is possible if the ONDO price holds this breakout.The measured move from the wedge lines matches the next major resistance zone on the chart, and the breakout momentum supports that target.
When the price pulls back and retests the trend line successfully, it would give the setup even more strength. But if ONDO slips back under the reclaimed area, the bullish scenario weakens and the market may need more time to build a base.
Read Also: Top Crypto Catalysts to Watch This Week: XRP ETFs, Airdrops, Upgrades & CPI Data
What to Watch Next For ONDO
The key level now is the horizontal zone ONDO just reclaimed. If the price stays above it and continues forming higher lows, the breakout gains credibility, and the 50% target becomes realistic. Traders are watching volume too – rising volume during any retest would show that buyers are committed.
ONDO now has better fundamentals, stronger regulation progress, and a clear breakout on the chart. If it can hold this setup, the ONDO price may be starting a real trend change instead of just another quick bounce.
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The post Experts Say ONDO Price Could Be Setting Up for a 50% Spike – Here’s How It Could Happen appeared first on CaptainAltcoin.