ONDO Price Prediction: Ignored Right Now, But Analyst Says This Setup Could Be Huge

Daily ONDO price chart analysis

Key highlights:

  • ONDO price is down 91% from its all-time high but is now holding inside a key accumulation zone.
  • Weekly structure points to a possible Wyckoff accumulation phase with upside targets as high as $5.
  • Invalidation sits at $0.17, making this a high-risk, high-reward setup at current levels.

ONDO is trading around $0.26 today, down a brutal 91% from its all-time high of $2.15 set just 14 months ago. Everyone has lost interest. And that, according to Crypto Patel, is exactly where generational setups usually form. 

He says ONDO is getting ignored right now, but this setup could be huge next cycle. The structure he sees includes a strong bullish order block between $0.19 and $0.24, key high-timeframe support holding above $0.17, Fibonacci demand zone confluence, and a Wyckoff accumulation phase forming. 

ONDO weekly chart tells a Wyckoff story

We had a look at the weekly chart from Crypto Patel, and the setup is textbook. The ONDO price is at $0.2512, up 3.67% on the week on volume of 262.52 million. The all-time high of $2.15 is marked clearly on the chart, and the drop from there has been steep. 

But Patel is not focused on the drop. He is focused on what is forming now. A bullish order-flow and accumulation zone is marked between $0.19 and $0.24. The ONDO price is sitting right inside that zone. Below that, an invalidation zone sits near $0.171. A breakdown below that level would kill the setup.

The Fibonacci levels on the weekly chart tell the upside story. The 0.382 retracement sits at $0.8194. The 0.5 level is at $0.6077. The 0.618 level is at $0.4506. The 0.786 level is at $0.2943, which is just above the current ONDO price. 

Patel’s targets go much higher. A structure flip above $0.47 would confirm the bullish bias. From there, his targets are $1, then the all-time high at $2.15, then $5 or higher. The 0 extension level on his chart is marked at $2.1582, which lines up with the ATH. The 4.782 extension is at $4.7823, which is right near his $5 target.

What the ONDO daily and 4-hour chart are showing

The daily chart adds more detail. The ONDO price closed the latest day at $0.2627, up 1.55% on volume of 7.6 million. The 100 day SMA sits above at $0.2863, which means the ONDO price is still below its longer-term average. 

Daily ONDO price chart analysis

That is a bearish signal on its own, but the daily chart also shows Fibonacci levels that line up with Patel’s targets. The 2.272 extension sits at $0.5235. The 1.618 extension is at $0.7676. The 1.272 extension is at $0.8967. The 0.618 level is at $1.1408. The 0.236 level is at $1.2834. The daily RSI is at 52.01, perfectly neutral.

The 4-hour chart gives us the short-term picture. The ONDO price is trading at $0.2633, up 1.04% on the session, with a high of $0.2648 and a low of $0.2602. The 100 period SMA sits at $0.2574, and the ONDO price has been holding above that level for several candles. 

4-hour ONDO price chart analysis

4-hour ONDO price chart analysis.

That is a positive short-term sign. The resistance on the 4-hour chart is stacked above at $0.27, $0.28, $0.29, then $0.30. Support sits at $0.25, then $0.24, then $0.23. The 4-hour RSI is at 64.94, which is bullish but not yet overbought. There is room to run.

What the on-chain data reveals

The Glassnode data shows a network that is quiet but not dead. The number of active addresses has been holding near 1,100 to 1,300. That is not a huge number, but it is steady. 

ONDO active addresses

The number of transfers is also steady, ranging from 1,800 to 3,200. No spikes, no crashes. The ONDO price is moving sideways, and the on chain activity is moving sideways with it. That is usually a sign of accumulation. No one is panicking. No one is rushing to buy. Just steady, quiet activity.

ONDO transfer count chart

The narrative and the risk

Patel points to the strong RWA narrative as one reason ONDO could rerate higher. Ondo Finance is a real-world asset protocol, and that sector has attracted smart money. He notes that smart money is already positioned higher, and the current discount from previous entries is massive. The most ignored coins in bear markets become the biggest winners in bull markets. That is the bet he is making.

The risk is clear. A breakdown below $0.171 invalidates the entire setup. That is a 35% drop from current levels. The ONDO price would lose the bullish order block, the Fibonacci demand zone, and the Wyckoff accumulation phase would fail. Patel says it is still early. No full confirmation yet, but the structure is building.

Where the ONDO price goes from here

The ONDO price is inside the accumulation zone of $0.19 to $0.24. The weekly chart shows a Wyckoff phase forming. The daily Fibonacci levels point to $0.52, $0.76, $0.89, $1.14, and $1.28. Patel’s targets are $1, $2.15, and $5. The invalidation level is $0.171. 

The ONDO price is down 91% from its all-time high. Everyone has lost interest, and that is exactly where generational setups usually form. The question is whether this is one of them.

CoinCodex’s 1-month ONDO price prediction places the price at $0.1970, well below the current $0.26 level. That forecast sees a drop toward the lower end of Patel’s accumulation zone.

Source:: ONDO Price Prediction: Ignored Right Now, But Analyst Says This Setup Could Be Huge