Ondo (ONDO) is holding steady at $1.00 with a modest gain of 2.09%. Trading activity, however, tells another story. The 24-hour volume fell sharply to $139.38 million, a drop of 46.11%. Over the last seven days, the token barely moved, slipping just 0.24%.
This muted action has investors watching closely. ONDO is trading at a key zone, balancing between caution and opportunity. The flat performance highlights uncertainty, yet the resilience around the $1 mark signals steady interest. Traders are waiting for the next decisive move.
ONDO forms symmetrical triangle on daily chart
Crypto analyst Alpha Crypto Signal notes ONDO is shaping a symmetrical triangle on the daily chart. The price is compressing between lower highs and higher lows, while trading volume continues to fade. This is a textbook consolidation phase that often precedes a breakout.
At present, ONDO sits above the 9 EMA and 50 SMA. Both indicators are flat, underscoring indecision in the market. A breakout above $1.05 could ignite momentum toward $1.20 or higher. On the flip side, slipping below $0.95 may trigger a retest of the $0.85 to $0.80 support zone. Traders see this as a pivotal moment for the token.
ONDO price forecasts for 2025
Looking ahead, projections for 2025 differ among research platforms. DigitalCoinPrice suggests Ondo could surpass $2.21 by year’s end. That would push the token past its previous peak of $2.14, placing its trading range between $1.93 and $2.21. Market watchers believe this path remains possible if bullish sentiment builds.
Changelly, presents a more cautious picture. Its forecast places ONDO between $1.17 and $1.29, with an average price of $1.21. For August 2025, analysts expect values to hover near $1.21, though dips to $0.98 remain possible. Both outlooks suggest room for gains, but the potential return varies widely.
