ONDO Price Breakout Analysis Shows Strong Upside, Targeting $0.85 Soon

The ONDO chart indicates a continuous decline from October to late December. There have also been lower highs made on a declining trend line. Recently, there has been a breakout above the trend line, which can be an indication of a possible reversal. The breakout shows a loss of bearish momentum.

The key level to monitor is $0.44, which acted as resistance in the past and is now being tested as support. Holding above $0.44 would confirm a support–resistance flip and boost the bullish outlook. If the price fails here, the breakout could fail, opening the door for a drop toward $0.39–$0.36 support levels.

Source: @Bitcoinmeraklsi

On the upside, several targets emerge from the chart. The first resistance is near $0.53, followed by a stronger level around $0.64, previously a consolidation zone. If bullish momentum continues, the higher macro target lies near $0.85, marking a significant long-term resistance area.

Also Read: ONDO shows strong bullish momentum, eyes $0.4200 upside target next

Technical Indicators Show Early Strength

The RSI reading is about 44, bouncing back from the near-over-sold regions around 30 in December. The fact that prices bounced back indicates that the selling pressure is slowing, and buyers are making a comeback. However, the RSI still holds below 50, indicating that the momentum trend continues to be neutral to bearish.

Source: TradingView

The MACD is also giving initial signs of having positive momentum. The MACD line is now above the signal line because the MACD line is at -0.050, and the signal line is at -0.065. The histogram is also positive, around 0.014. However, it is also negative, as it is below the zero line.

ONDO Leads the RWA Economy Shift

The RWA Summer of 2025 has evolved into the RWA Economy of 2026. ONDO and PLUME are now earning real yields on US Treasury and tokenized stocks. The focus has shifted from investing in speculative cryptocurrencies to hard assets that generate income.

The trend is headed by ONDO with revenue-backed token offerings and PLUME, which focuses on yield opportunities within token markets. ONDO and PLUME demonstrate that there is consistency with cryptocurrency, moving away from hype-based assets and toward physical investments that bring in revenue.

Also Read: Ondo (ONDO) Set to Surge: Price Could Skyrocket to $1.70!