Ondo is showing signs of a potential bullish recovery, with technical analysis pointing to a possible breakout and higher price targets.
Meanwhile, growing adoption of its Intelligent Portfolios highlights rising interest in diversified blockchain-based investments, supporting the project’s broader efforts to connect traditional financial products with onchain markets.
ONDO Targets $1 After Potential Breakout and Retest
Crypto analyst Giannis Andreou has identified a potential bullish setup for Ondo, with the $1.00 level emerging as a long-term target if the token breaks above its major descending trendline. However, the price must confirm the breakout and successfully retest the former resistance as support before the bullish scenario gains further credibility.
Andreou identifies the $0.48 region as a potential retest area, although the exact level may vary depending on when the breakout occurs. If ONDO holds above this zone, the next upside targets range from $0.58 to $0.61. Further resistance areas lie between $0.68 and $0.73, followed by $0.88 to $0.94.
The broader bullish target sits between $0.98 and $1.03, with historical supply aligning with the 2.0 Fibonacci extension near $0.98. Using the analyst’s reference price of $0.4321, a move to $1.00 would represent an increase of approximately 131%. However, failure to hold the retest zone could weaken the bullish setup and delay the anticipated recovery.
Ondo Intelligent Portfolios Exceed $20M in TVL Within a Month
According to Ondo Finance, its Intelligent Portfolios have surpassed $20 million in total value locked (TVL) in less than a month. The milestone highlights growing interest in blockchain-based investment products that offer exposure to diversified onchain portfolios.
The platform offers seven curated portfolios covering income, growth, and thematic investment strategies. Three of these portfolios use strategies developed by BlackRock for Ondo. Each portfolio is represented by a single onchain token, allowing investors to gain exposure to multiple assets through one digital holding.
The platform also offers transparent portfolio holdings and automatic rebalancing through supported wallets, platforms, and decentralized finance (DeFi) applications. This milestone adds to Ondo’s broader tokenization efforts across Treasuries, stocks, and diversified portfolios. These developments illustrate how blockchain technology can connect traditional financial products with onchain investment opportunities.
