Ondo Price Prediction: ONDO Price Marking New Highs, May Reach $2 Very Soon

Key Takeaways:

• Ondo Price has been maintaining a steady upswing since the beginning and has reached a new high 
• While bears have begun to squeeze some profits, the current trade set suggests the bullish trajectory may prevail for a long time.
• The technicals and the on-chain figures have turned in favor of the bulls and hence the price may continue to discover new highs in the coming days

Ondo Overview as of October 30, 2024

Ondo Technical Analysis

Source: Tradingview

• The ONDO price has been trading within an ascending parallel channel since the beginning, which displays the growing strength of bulls
• Although the volume has dropped to some extent, the bulls have maintained huge dominance, due to which the crypto is believed to trade within a price discovery phase
• The MACD is bullish, showing a rise in buying pressure and the stochastic RSI reached above the upper threshold and is trying hard to stabilize within the range
• Therefore, the ONDO price is believed to maintain an ascending trend and reach the upper resistance of the channel, forming a new ATH at around $1.37, followed by a bearish pullback

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ONDO Price Prediction 2024-2030

Ondo Price Prediction May 2024

Much before the start of the month, the Ondo price had been trading within an ascending trend, fighting the bearish influence since the beginning. The bulls have held a tight grip over the rally, due to which the ascending trend may strengthen as the trade advances toward the end of the month. A notable rise in volatility is expected as traders have become hopeful about the token, due to which the price may close the monthly trade between $1.35 and $1.38. 

Ondo Price Prediction June 2024

The bullish close for the month is expected to trigger the monthly trade on the bullish note, which is believed to prevail for the rest of the month. By displaying minor price variations, the ONDO price could maintain an ascending trend as the buying volume may continue to surge. This could elevate the levels above $1.5, but at the end of the month, the price may trade between $1.45 and $1.48.

Ondo Price Prediction July 2024

With the beginning of the second half of the year, the market may exhibit more optimism as more traders become attracted to the platform. With a notable rise in buying pressure, the trend could also remain elevated for the rest of the month. However, the price may rise close to $2 in the last few days of the month but may face a pullback at the end and close the trade between $1.85 and $1.88.

Ondo Price Prediction August 2024

After withstanding extreme volatility in the past few months, the bulls are expected to face some exhaustion, with their strength fading to a large extent. This may cause the price to drop significantly below $1.6 and further maintain a sluggish trend for a long time. This may keep the price consolidated between $1.55 and $1.62 and also close the monthly trade within this range.

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Ondo Price Prediction September 2024

After remaining sluggish for nearly a week, market participants may be anticipating a breakout from the sideways trend. However, the bulls may lack the necessary strength to maintain the rally’s momentum, thereby assisting the ascending trend. The price may remain consolidated for the rest of the month and close the trade between $1.65 and $1.68, flashing bullish signals for the last quarter.

Ondo Price Prediction October 2024

With the beginning of the final quarter of the year, momentum is expected to rise with a notable rise in buying volume. As the lower pressure soars, the ONDO price is expected to set a strong base above which the token may maintain a healthy upswing. The Bulls may defend the support zone around $1.85, which may enable the price to close the monthly trade above $2. 

Ondo Price Prediction November 2024

After reaching levels above $2, the bears may fail to exert enough selling pressure over the token as they may not squeeze enough profits. However, a minor pullback may be expected, but the bulls may jump in and regain their dominance in the last few days. The price may not mark new highs above $2.2 but may remain consolidated within the range of $2.05 to $2.15 until the end.

Ondo Price Prediction December 2024

As the trade advances into the last month, the volume may significantly rise, which may increase the volatility of the token. This could attract more liquidity to the platform as the traders could expect a similar momentum that the markets had in previous years. With a rise in the buying volume, the price may also rise above $2.5 in the first few days of the month and close the yearly trade between $2.65 and $2.8.

Ondo Price Prediction 2025

• The ONDO price is expected to maintain a strong ascending trend since the beginning of the year after a bullish close for the year 2024
• The price may maintain a healthy upswing throughout the first quarter of the year and by the end of the first half of the year, may reach new highs at around $7.5 to $8.5
• But before marking new highs above $10, a fresh descending trend may initiate, which could slash more than 25% to 30% of the gains
• By the end of the year, the price may drop and trade between $4.75 and $5.5 by the end of the year, flashing huge bearish signals

Ondo Price Prediction 2026

• The downward trend starting in 2025 may continue into the next year, potentially intensifying as trading activity progresses.
• This ongoing trend could lead to a significant drop in ONDO prices, driven by consistent selling pressure and the weakness of the bulls.
• Throughout the year, prices may remain in the range of $3.8 to $4.2, with the support zone being strongly defended.
• By year-end, Ondo’s price is expected to fluctuate between $3.5 and $3.75, with bears having a considerable influence on the market.

Ondo Price Prediction 2027

• In 2027, Ondo’s price might stabilize, providing relief from the ongoing market downturn as market participants grow optimistic about future trends.
• Reduced selling pressure could lead to positive activity, countering the previous downward trend, which may pave the way for fresh buying volume to enter the platform
• As the year progresses, especially in the later months, signs of an upward trend may emerge, with higher highs and lower lows indicating a strengthening positive influence.
• This upward momentum could push Ondo’s price above $6, settling within a stable range of $6.10 to $6.20 by the end of the year.

Ondo Price Prediction 2028

• After the bear market, Ondo’s price might experience a strong rebound, exhibiting a more robust positive trend than at the year’s beginning.
• Although bears may attempt to break critical support levels, strong positive factors could mitigate the downward pressure, keeping the bullish momentum alive
• By the end of the year, a significant upward price surge is increasingly likely, indicating a promising upward trajectory as the price may head toward new highs
• This positive trend could stabilize Ondo’s price between $ and $7.50, potentially surpassing the $8 milestone by year-end.

Ondo Price Prediction 2029

• In 2029, markets may become stronger, showing improved resilience against negative influences as buying volume may intensify
• Reduced downward pressures and the emergence of positive factors could push levels above $9, aiming to rise above the double-digit figure
• As the year progresses, steady positive market growth may boost confidence, surpassing Ondo’s previous peak and hitting $10
• By year-end, Ondo’s price is expected to stabilize, fluctuating between $8.90 and $9.20 by the end of the year.

Ondo Price Prediction 2030

• In 2030, Ondo’s price might start a steady ascent, reaching a new peak of around $1100 in the first half of the year.
• Although this peak may be temporary, it creates a strong foundation for positive strategies.
• Following this, Ondo price could see a significant surge, potentially ranging between $1300 and $1500.
• However, this rise might trigger a negative reaction, leading to an extended consolidation period in a bearish market, with Ondo trading between $1250 and $1300 by year-end.

Will the Ondo Price Rise Again in 2024?

Ondo price has been demonstrating acute strength since the beginning and hence is believed to maintain a healthy upswing for the rest of the year. Therefore, the 2024 trade may mark new highs for the token.