TLDR:
- ONDO price breaks above $0.95 resistance, confirming bullish breakout with strong trading volume.
- RSI jumps from 37 to 64, mirroring setup before ONDO’s 271% rally in November 2024.
- Token gains momentum after U.S. crypto bills label it “institutional-grade.”
- ONDO integrates with BNB Chain’s tokenized stock system, expanding its real-world utility.
Ondo (ONDO) is showing strong signs of a renewed uptrend.
The token recently reclaimed a critical trendline, backed by volume spikes and rising momentum. Its breakout above $0.95 has put bulls in control, signaling a potential continuation of its upward trajectory.
With legislative recognition and new integrations underway, traders are closely watching its next move. Momentum is building fast, and ONDO’s chart structure is pointing higher.
ONDO Price Breaks Above Key Resistance with Rising Volume
The price of ONDO has broken above a major resistance level, reclaiming an ascending trendline that has supported past rallies.
According to analysis from Crypto Winkle, the token’s daily close above $0.95 confirmed a technical breakout. The rally is backed by strong volume, indicating broad participation and investor interest.
$ONDO regaining bullish momentum with clean breakout$ONDO has reclaimed its uptrend line, with RSI momentum now mirroring its November 2024 rally that led to a 271% move.
The recent daily close above $0.95 confirms a technical breakout, supported by rising volume and a sharp… pic.twitter.com/fvNlX66Rma
— Crypto Winkle (@CryptoWinkle) July 17, 2025
The price surged after bouncing from the $0.5162 support level, which held firm during prior dips. The recent move pushes ONDO closer to the next key resistance at $2.32, now hovering above $1.
ONDO’s Relative Strength Index (RSI) has jumped from 37 to 64 in a short span, nearing the overbought zone at 80. This RSI behavior mirrors the token’s November 2024 rally, which saw a 271% surge.
Traders view this pattern as a sign of renewed strength. The RSI climb signals growing buyer pressure, and the rising trendline adds confidence to the bullish setup.
Catalysts Driving ONDO Market Optimism
Momentum in ONDO’s price isn’t just technical. Market catalysts are adding fuel to the fire. The token was named in recent U.S. crypto bills as institutional-grade, boosting its appeal to investors.
Additionally, its integration into BNB Chain’s tokenized U.S. stock infrastructure has expanded its utility. These developments position ONDO as more than a trading token, giving it broader ecosystem value.
As of this writing, CoinGecko reports ONDO trading at $1.02, marking a 6.90% daily increase. Its 24-hour trading volume stands at $483 million, with a 21.31% gain over the past week.
These gains align with technical signals and fundamental developments. Traders now eye higher targets as ONDO builds momentum off a strong foundation.
The post ONDO Price Flips Bullish as Key Indicators Point to Next Leg Up appeared first on Blockonomi.
Source: https://blockonomi.com/ondo-price-flips-bullish-as-key-indicators-point-to-next-leg-up/