Ondo Finance (ONDO) price up 10% as bulls target $1
The post Ondo Finance (ONDO) price up 10% as bulls target $1 appeared on BitcoinEthereumNews.com.
Ondo Finance (ONDO) price has surged 10%, eying a breakout above $0.93 LayerZero has joined Ondo’s Global Markets Alliance. Rising volume and TVL signal strong bullish momentum. Ondo Finance (ONDO) is gaining strong upward momentum as bullish sentiment sweeps through the market, pushing the token up by more than 10% in the past 24 hours. The price surge comes amid rising interest in real-world asset (RWA) tokenisation and growing investor confidence in Ondo’s broader strategic initiatives. The ONDO token is currently trading at $0.929, recovering from a low of $0.8401 within the last 24 hours, and now hovering near the critical $0.93 breakout zone. With bullish pressure building and higher lows consistently forming on the chart, traders are closely watching for a decisive move above resistance that could clear the path toward the psychologically significant $1 level. ONDO has reclaimed key levels as bulls tighten grip After briefly dipping below the $0.85 level earlier this week, Ondo Finance (ONDO) has bounced back with conviction, reclaiming and holding above the $0.90 mark. This rebound is seen as a clear signal of strength, especially as the price consolidates near the upper end of its recent trading range. The current rally has seen ONDO surge from a weekly low of $0.7668 to test $0.9279, marking a robust 19.4% gain over the past seven days. Although the token remains about 56% below its all-time high of $2.14, reached in December 2024, the present momentum is driving renewed optimism among traders eyeing short-term breakout targets. Market analysts suggest that if ONDO clears the $0.93 resistance with strong volume, the next likely targets are between $0.9350 and $0.9500. While the price faces minor hurdles along the way, the formation of higher lows coupled with rising volume indicates that bulls remain firmly in control. Strong fundamentals fuel…
Filed under: News - @ July 11, 2025 5:30 pm