Ondo price prediction: Bullish momentum suggests further gains likely

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Ondo jumps 7.97% after product launch

Highlights

Ondo introduced its first tokenized pre-IPO asset, the OpenAI Exposure Note, on Ethereum with a market capitalization of $19.1 million.
Total value locked across all Ondo products exceeded $4 billion, showing continued growth and adoption of its platform.
ONDO trades with strong bullish momentum and is projected to range between $0.4442 to $0.4936 over one to two days, with a very high probability of further upward movement.

Tokenized pre-IPO launch drives ecosystem growth and investor access

Ondo has launched its first tokenized pre-IPO asset, the OpenAI Exposure Note, which is issued on Ethereum with a reported market capitalization of $19.1 million. This product debut signifies the company's expansion into tokenized pre-IPO assets, creating new access channels for investors and potentially fueling additional interest in its ecosystem. Meanwhile, Ondo's total value locked across its products has surpassed $4 billion, according to recent reports, underscoring robust adoption and growth momentum within its platform.

Strong buyer control as ONDO sustains lift above key supports

On the technical front, ONDO is trading above the MA-20 ($0.461) and MA-50 ($0.4516) on the hourly chart, while also maintaining a clear margin above the daily MA-200 at $0.3603. The Ichimoku Kijun provides strong support at $0.4481. Momentum indicators, including an RSI of 65.90 (Buy), bullish CCI, and upward readings from both MACD and ADX, signal sustained buyer control. Stochastic RSI is Neutral, indicating no extreme short-term conditions, while Bull/Bear Power remains positive and the Awesome Oscillator is Neutral.

Consolidation likely as bullish odds outweigh reversal risk

Over the next one to two trading days, ONDO is likely to trade within a volatility band stretching from $0.4442 to $0.4936. The probability of another upward move is very high, exceeding 80%, while the likelihood of a reversal is minimal. The baseline scenario points to price consolidation within this range, with bullish momentum potentially pushing the price above resistance; a downside scenario would require a loss of momentum and a move below immediate support at $0.4481.

Anton Kharitonov, expert at Traders Union, notes that ONDO’s recent OpenAI Exposure Note launch and strong TVL growth reflect improving adoption. He sees technical indicators confirming buyer strength, but warns that market optimism may be stretched in the short term. The analyst remains cautious until ONDO holds above immediate support. "Base case is consolidation with upside potential, but if $0.4481 fails, a pullback becomes likely."

Earlier, analysts noted that Ondo was facing increased downside risk and persistent technical weakness amid broad selling pressure. The current analysis signals a marked shift to bullish momentum, with ONDO now displaying strong upward control and a heightened likelihood of further gains as long as price holds above immediate support at $0.4481.

Source of Data: ONDO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.