Ondo Finance (ONDO) nears a crucial support zone, indicating a possible trend reversal soon.

The harmonic pattern on ONDO’s chart suggests the current downtrend may be coming to an end.

If upward momentum continues, ONDO could potentially reach key price levels up to $2.00.

Ondo Finance (ONDO) shows early indicators of a possible change in the trend as it has been declining. Analysts point out that the token is close to a crucial level of support where it might witness the onset of buying pressures, thus changing the course of the trend. The harmonic pattern development also confirms the end of the current decline in the ONDO token.

At the time of writing, Ondo Finance (ONDO) is trading at $0.5719, with a 24-hour trading volume of $98.28 million and a market capitalization of $1.84 billion. The token has seen a slight decline of 2.23% over the last 24 hours, reflecting ongoing market movements.

ONDO Nears Critical Demand Zone Reversal

Crypto analyst Alpha Crypto Signals shared insights based on ONDO, which indicated the coin was progressing towards the finish of the ABCD harmonic pattern.

The coin’s price was slowly moving towards an important zone of demand, which also corresponds to the expected D leg of the harmonic pattern, as indicated by Alpha Crypto Signals. This zone is important as it might mark the end of the ongoing downtrend.

“A clean touch of the demand zone, followed by signs of strength, like the presence of a sharp Wick or the appearance of a bullish reversal candle, could denote the beginning of the reversal of the trend,” the analyst wrote. Until then, the bearish influence is dominant, but this could change quickly as the buyers make their presence felt at the D-level.

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Ondo Finance Accumulation Signals Potential Rally

To add another insight, financial analyst Jonathan Carter also noted that the descending channel formation in ONDO’s graph means the accumulation of the asset at the support level.

“Technical analysts can notice that the buyers are taking over the support level. And the momentum of the decrease is weakening,” he noted. This, he added, usually means that the next move could be positive.

Carter shared key target levels for Ondo Finance if the upward momentum materializes: $0.68 → $0.86 → $1.14 → $1.50 → $2.00. He emphasized that these are levels smart investors are keeping a close eye on.

For the time being, ONDO continues to experience pressure, but the developing harmonic model indicates a potential turning point in the near future, presenting a chance for buyers to enter the market.

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Filed under: Bitcoin - @ November 16, 2025 3:19 pm