🚀 ONDO Price Forecast This Week – Breakout Ahead or Bull Trap? 📊🔍

Current Price: $0.86935

24h Change: -0.40%

Range (24h): $0.8538 – $0.8858

Market Cap: $2.74B | 24h Volume: $91.26

Technical Snapshot (as of May 5, 2025)

Support Levels: $0.8576, $0.85

Resistance Zones: $0.8858, $0.90

RSI: Approaching overbought territory

MACD: Positive divergence indicates bullish momentum

ONDO is currently consolidating just below a key resistance zone. A breakout above $0.8858 could trigger a strong upward move, while a drop below $0.8576 might signal short-term weakness.

ONDO Price Forecast (May 5 – May 9, 2025)

May 5: $0.8682

May 6: $0.9148

May 7: $0.9748

May 8: $1.0481

May 9: $1.1297

Projected Weekly Growth: +29.81%

Catalysts to Watch

1. RWA Narrative:

Institutional appetite for Real-World Assets is rising, and ONDO is well-positioned as a key player.

2. DeFi Growth:

ONDO’s integration with major DeFi protocols could drive new partnerships and higher adoption.

Investing Haven: Bullish breakout channel

Crypto.news: Volume-driven surge indicators

CCN: Sideways action with upside potential

Coinspeaker: Predictive analysis of ONDO’s price patterns

Are you bullish or bearish on ONDO this week?

Drop your thoughts and let the community know!

Disclaimer: This content is for informational purposes only. Always DYOR before investing.

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