Ondo Finance (ONDO) is back in the spotlight after a technical breakout, and one top analyst believes this could be the beginning of a serious rally.
According to World Of Charts (@WorldOfCharts1), ONDO has just broken out of a long descending trendline that had been acting as resistance for months. In his latest update, he notes that “$Ondo Long Descending Trendline Got Broken, Upon Successful Retest It Can Give Massive Rally Towards New ATH.” The chart he shared shows a clear setup, and the market seems to be responding well.
ONDO Price Breaks Out of Long-Term Trendline
The chart reveals that ONDO was stuck in a downtrend since its high late last year. The price kept getting rejected at lower highs, forming a descending resistance line that held strong all through the first half of 2025. That changed recently.
ONDO finally managed to break above that resistance, pushing through the ceiling around the $0.88 to $0.90 range. At the time of the analysis, ONDO was trading near $0.91, showing a clean move out of the falling wedge pattern. This breakout came with strong volume and followed weeks of sideways consolidation, which often precedes major market moves.
A Clean Setup for a Massive ONDO Price Rally
World Of Charts is not just calling for a breakout. He’s also mapped out the potential upside if ONDO holds this new support level.
The chart suggests that if the breakout is confirmed with a successful retest, ONDO price could climb all the way to $1.46. That would represent a gain of over 185% from the breakout level. The target area is marked by a large blue arrow pointing to the projected level, which aligns with a previous support zone turned resistance. This is often where price tends to revisit during strong upward movements.
What’s more, the curved black line on the chart indicates a possible steep acceleration if momentum picks up. The implication is that once the retest completes, ONDO could move quickly, pushing past psychological resistance levels like $1 and aiming for a new all-time high.
What’s Next for ONDO Price?
The ONDO price now needs to confirm this breakout by not falling back below the previous resistance. That means traders and investors will be watching closely to see if the $0.88 to $0.90 zone holds. If it does, this could become the foundation for a fresh leg up, potentially flipping ONDO into one of the best-performing tokens of the season.
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In the bigger picture, ONDO has been attracting more attention recently thanks to its real-world asset tokenization narrative. If interest continues to build and the market remains favorable, the breakout shown in this chart could be the start of something much bigger.
For now, all eyes are on the retest and follow-through. But based on this analysis by World Of Charts, the ONDO price could be gearing up for a powerful move that takes it back to price discovery territory.
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The post ONDO Overcomes Major Resistance, Next Stop Could Be a New All-Time High appeared first on CaptainAltcoin.