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Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher?

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher?

CoinsProbeCoinsProbe2025/10/26 20:18
By:Nilesh Hembade

Date: Sun, Oct 26, 2025 | 12:20 PM GMT

The broader cryptocurrency market is showing steady upside performance today, with both Bitcoin (BTC) and Ethereum (ETH) trading in green with gains of around +1.50%, creating room for potential upside in several altcoins — including the Real-World Asset (RWA) token Ondo (ONDO).

ONDO is trading higher today with a 3% jump, and more importantly, its technical structure is flashing a potentially bullish reversal setup that often precedes powerful upward moves.

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher? image 0 Source: Coinmarketcap

Power of 3 Pattern in Play?

On the daily chart, ONDO appears to be forming the Power of 3 structure — a three-phase pattern that reflects the natural market cycle: accumulation, manipulation, and expansion.

Accumulation Phase

For several months, ONDO traded within a wide range between $1.10 resistance and $0.90 support. This long sideways action suggested accumulation by stronger market participants, as price remained stable while volatility and trading activity stayed muted.

Manipulation Phase

Recently, ONDO broke below the $0.90 range support, plunging to a low near $0.70 before bouncing back to around $0.75. This move — represented by the red-shaded zone on the chart — likely marked the manipulation stage, where weak holders are shaken out through a false breakdown before a potential reversal begins.

Ondo (ONDO) Following Potential Bullish Setup – Will It Rise Higher? image 1 Ondo (ONDO) Daily Chart/Coinsprobe (Source: Tradingview)

What’s Next for ONDO?

Currently, ONDO is still trading inside the manipulation zone, suggesting the market is testing sentiment before entering its next phase. If bulls can defend the $0.70 support and reclaim the $0.90–$1.10 range, the setup could transition into the expansion phase — historically the most powerful stage, where prices accelerate sharply.

A confirmed breakout and close above $1.10 would likely validate the bullish reversal and could pave the way for a strong upside move toward $1.50, representing nearly 100% potential gains from current levels.

However, if ONDO fails to hold the $0.70 support, the bullish outlook may weaken, leading to a prolonged consolidation period before any decisive move.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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