ONDO Breaks $1, Analysts Eye Surge Toward $2 and Beyond
Main Idea
ONDO's price broke above $1, with analysts predicting potential surges to $2 or even $10 if the bull run continues, driven by technical patterns and market trends.
Key Points
1. ONDO's price crossed above $1 for the first time since May 2024 after breaking out of a bullish falling wedge pattern.
2. Analysts predict ONDO could reach $2 in the near term and potentially $10 by the end of 2025 if the bull market persists.
3. Ethereum outperformed Bitcoin, and altcoins like XRP, BNB, DOGE, SUI, and ONDO saw gains between 2% to 7%.
4. ONDO is gaining attention for its role in real-world asset (RWA) tokenization, with rumors of involvement from major players like BlackRock.
5. A supply increase scheduled for January 2026 could raise ONDO's total tokens to 5.1 billion, potentially impacting its market cap and price.
Description
Ethereum outperformed Bitcoin as altcoins gained 2% to 7% today. ONDO broke above $1 after a bullish falling wedge breakout. Analysts say ONDO could reach $10 if bull run continues. The crypto market is slowly shifting back into green territory. In the last 24 hours, Ethereum has outpaced Bitcoin in gains and popular altcoins like XRP, BNB, DOGE, SUI, and ONDO are also seeing healthy upward moves, with prices rising between 2% to 7%. Crypto analyst Ali Martinez took to social media to show ONDO’...
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