Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance – Analyst

Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance – Analyst
Ondo Finance is trading at a pivotal moment as the broader crypto market shows signs of potential recovery. While bullish sentiment is slowly building, macroeconomic uncertainty and escalating global trade war fears continue to inject volatility into financial markets. For ONDO, however, analysts are closely watching for a breakout that could signal the start of a new uptrend. Related Reading: Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details Top crypto analyst Ali Martinez shared a technical outlook on X, highlighting that ONDO is currently trading within a narrow parallel channel. According to Martinez, a break above the upper boundary of this channel at $0.89 could trigger bullish momentum, potentially pushing ONDO into higher prices. With ONDO already capturing attention as a leader in the real-world asset (RWA) sector, this technical setup could play a major role in setting the tone for the asset’s short-term direction. As investors closely monitor global economic developments and market sentiment, a confirmed breakout above the $0.89 resistance could solidify ONDO’s place as one of the stronger performers in the coming ..

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