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📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
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Ondo (ONDO) Holds Key Support — Could This Pattern Trigger an Upside Breakout?
Date: Fri, Oct 24, 2025 | 04:45 AM GMT The broader cryptocurrency market is showing an encouraging tone today, with Bitcoin (BTC) and Ethereum (ETH) both trading over 2% higher, setting the stage for potential upside in several altcoins — including the RWA-focused token Ondo (ONDO). $ONDO is back in green with modest intraday gains, and the latest chart setup suggests that the token may be gearing up for a larger upside move if key technical levels hold.
Source: Coinmarketcap Holds Symmetrical Triangle Support On the 4-hour chart, ONDO continues to consolidate within a symmetrical triangle, a neutral but often powerful pattern that typically signals a volatility expansion phase ahead — either to the upside or downside. Following an 11% correction from its recent rejection at the triangle’s descending resistance, ONDO retested its ascending support trendline near $0.69, where buyers once again defended the level. From there, the token rebounded to $0.73, reflecting short-term strength.
Ondo (ONDO) 4H Chart/Coinsprobe (Source: Tradingview) This ascending support trendline has repeatedly acted as a dynamic demand zone, cushioning each pullback since 10 October crash. Maintaining this structure could provide the foundation for a bullish continuation, especially as momentum indicators begin to stabilize. What’s Next for ONDO? If buyers can successfully defend the $0.69–$0.70 region, ONDO may attempt another rebound toward the upper boundary of the triangle near $0.7480. A decisive breakout and close above this resistance could trigger a bullish continuation phase, with the next potential upside target sitting around $0.92 — aligning with previous swing highs and the measured move of the triangle pattern. However, failure to sustain above the support trendline could invite renewed selling pressure, potentially forcing a retest of the lower triangle boundary before any renewed breakout attempt. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.