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ONDO's Bullish Momentum: Targeting $1.12 Amid Strong Support

ONDO token shows strong bullish momentum, targeting $1.12 with solid market support and growing investor confidence.

Ondo Finance (ONDO) has demonstrated strong resilience by holding above the critical $0.86 support level, as noted in recent market analysis from CoinoMedia. This zone, which previously acted as a base for the last rally, has attracted bulls and prevented further declines, highlighting growing buyer interest. Trading at around $0.88 to $1.02 in recent forecasts, ONDO benefits from its role in the real-world asset (RWA) sector, where institutional adoption in tokenized Treasuries and DeFi is driving momentum. The platform’s focus on bridging traditional finance with blockchain has positioned it for potential upside, especially as Ethereum (ETH), on which many RWA projects build, trades at $4,525.66 with a $546.26B market cap.

Technical Indicators Point to $1.12 Breakout

Technical charts show ONDO gaining traction post-bounce from $0.86, with bullish volume increasing and indicators like the RSI turning upward, suggesting sustained buyer momentum. Analysts forecast a near-term target of $1.12–$1.15, with potential for $1.20–$1.30 by late 2025 if resistance at $1.16 is cleared, driven by institutional collaborations and RWA demand. Longer-term projections are optimistic, with highs of $2.44 or even $3.33 in 2025 possible in a bullish scenario, supported by tokenized finance growth. However, failure to hold above $0.93 could lead to a retest of $0.88–$0.90, per current models.

Key Factors Driving ONDO's Potential

ONDO’s strength stems from its leadership in RWA tokenization, attracting institutional interest amid a maturing DeFi landscape. If broader market conditions remain favorable, such as BTC stabilizing above $112,000, a breakout above $1.12 could open doors to $2.10 by year-end. Risks include market corrections or regulatory hurdles, but the token’s utility in diversified portfolios via the SSI Protocol supports long-term growth.

Trader Strategies and Outlook

Traders should watch volume and price action near $1.12; a decisive break could confirm an uptrend, while failure might prompt consolidation or a dip to $0.86. Use tools like TradingView for RSI and support levels, and diversify into ETH or USDC to manage volatility. With projections up to $3.24 by 2030 in optimistic scenarios, ONDO remains a compelling play in RWA and DeFi.

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