Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher?

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher?

CoinsProbeCoinsProbe2025/10/26 20:18
By:Nilesh Hembade

Date: Sun, Oct 26, 2025 | 12:20 PM GMT

The broader cryptocurrency market is showing steady upside performance today, with both Bitcoin (BTC) and Ethereum (ETH) trading in green with gains of around +1.50%, creating room for potential upside in several altcoins — including the Real-World Asset (RWA) token Ondo (ONDO).

ONDO is trading higher today with a 3% jump, and more importantly, its technical structure is flashing a potentially bullish reversal setup that often precedes powerful upward moves.

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher? image 0 Source: Coinmarketcap

Power of 3 Pattern in Play?

On the daily chart, ONDO appears to be forming the Power of 3 structure — a three-phase pattern that reflects the natural market cycle: accumulation, manipulation, and expansion.

Accumulation Phase

For several months, ONDO traded within a wide range between $1.10 resistance and $0.90 support. This long sideways action suggested accumulation by stronger market participants, as price remained stable while volatility and trading activity stayed muted.

Manipulation Phase

Recently, ONDO broke below the $0.90 range support, plunging to a low near $0.70 before bouncing back to around $0.75. This move — represented by the red-shaded zone on the chart — likely marked the manipulation stage, where weak holders are shaken out through a false breakdown before a potential reversal begins.

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher? image 1 Ondo (ONDO) Daily Chart/Coinsprobe (Source: Tradingview)

What’s Next for ONDO?

Currently, ONDO is still trading inside the manipulation zone, suggesting the market is testing sentiment before entering its next phase. If bulls can defend the $0.70 support and reclaim the $0.90–$1.10 range, the setup could transition into the expansion phase — historically the most powerful stage, where prices accelerate sharply.

A confirmed breakout and close above $1.10 would likely validate the bullish reversal and could pave the way for a strong upside move toward $1.50, representing nearly 100% potential gains from current levels.

However, if ONDO fails to hold the $0.70 support, the bullish outlook may weaken, leading to a prolonged consolidation period before any decisive move.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

AI boom reshapes the wafer foundry landscape! UBS: Explosive demand accelerates advanced process expansion, mature process enters upward cycle

UBS stated in a recent research report that within the foundry market, the Total Addressable Market (TAM) for the N2 (2nm) node far exceeds expectations, A14 (1.4nm) production expansion is accelerating, and the upcycle for mature process nodes has already begun.

智通财经•2026/09/28 07:51

$1,999 Foldable iPhone Is Ready, but Apple (AAPL.US) Faces Over $5.7 Billion Patent Penalty

As Apple intensifies its efforts in foldable displays and AI business, it faces a haptic technology patent compensation ruling exceeding $5.7 billion. On September 25, a federal jury in California found that Apple's Taptic Engine, used in certain iPhone and Apple Watch models, infringed on two patents held by Taction Technology.

智通财经•2026/09/28 07:31