{"id":9145,"date":"2025-06-13T10:00:25","date_gmt":"2025-06-13T10:00:25","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/ondo-to-repeat-2024s-parabolic-run-analyst-anticipates-130-rally-soon\/"},"modified":"2025-06-13T10:00:25","modified_gmt":"2025-06-13T10:00:25","slug":"ondo-to-repeat-2024s-parabolic-run-analyst-anticipates-130-rally-soon","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/ondo-to-repeat-2024s-parabolic-run-analyst-anticipates-130-rally-soon\/","title":{"rendered":"ONDO To Repeat 2024\u2019s \u2018Parabolic\u2019 Run? Analyst Anticipates 130% Rally Soon"},"content":{"rendered":"

Despite failing to break out of its downtrend, ONDO could be preparing for a surge above the $2 barrier. Some analysts suggest it could repeat its 2024 playbook if it continues to hold its current levels.<\/p>\n

ONDO Breakout Eyes $2<\/h2>\n

ONDO, the native token of the tokenized real-world asset (RWA) platform Ondo Finance, is attempting to reclaim a key area amid the market pullback. Notably, the cryptocurrency has struggled to hold the $1 mark since losing the area as support over three months ago.<\/p>\n

In December, the RWA token hit its all-time high (ATH) of $2.14 after US President Donald Trump\u2019s crypto venture, World Liberty Financial (WLFI), purchased 134,216 ONDO tokens for 250,000 USDC.<\/p>\n

This propelled ONDO\u2019s price above the $2 barrier for the first time, but the late 2024 and Q1 2025 corrections halted its bullish momentum, sending its price to the $0.60-$0.70 range.<\/p>\n

Following the late April market recovery, ONDO\u2019s price reclaimed the $0.85 area and broke out of its multi-month downtrend. The cryptocurrency then hovered between the $0.85-$1.10 levels throughout May, hitting a three-month high of $1.13 nearly a month ago.<\/p>\n

Since then, the token has been in a one-month downtrend, dipping below its local range after the recent market pullback. However, the cryptocurrency has been attempting to reclaim this range for the past week, hitting a one-week high of $0.92 on Wednesday.<\/p>\n

Crypto analyst World of Charts highlighted the token\u2019s performance, affirming, \u201cafter a long correction, Finally Looking Good For Midterm.\u201d<\/p>\n

\"ondo\"<\/p>\n

As ONDO attempts to reclaim the $0.90 area, the analyst anticipates that the cryptocurrency will soon break out of its current range and the downtrend line, forecasting a 130% rally toward the $2 barrier.<\/p>\n

2024 ATH Repeat Coming?<\/h2>\n

On Thursday, analyst Sjuul from AltCryptoGems noted<\/a> ONDO\u2019s performance over the past year, asserting, \u201cNot sure there are many other charts looking as good on high time frames like ONDO.\u201d<\/p>\n

He explained that \u201cThe King of RWA\u201d is \u201cbasically holding a bullish structure since its launch,\u201d making a series of higher lows for over a year while maintaining its ascending support trendline.<\/p>\n

Meanwhile, analyst Alex Clay suggested<\/a> that ONDO could see a parabolic run based on its performance in 2024.<\/p>\n

The market watcher noted that the token is currently accumulating at the bottom of a 15-month ascending channel, which previously served as a crucial bounce point for its rally toward its ATH.<\/p>\n

As Clay explained, after reaching the channel\u2019s upper boundary last year, ONDO saw a multi-month downtrend toward the lower boundary, before printing a higher low. This was followed by a massive rally toward the channel\u2019s top.<\/p>\n

This year, ONDO is \u201cfollowing the Bullish Fractal from the previous year\u201d after falling to the channel\u2019s lower boundary, breaking out of the downtrend line, and registering a higher low.<\/p>\n

\u201cThese 2 reasons are more than enough to pump straight up to the channel’s top,\u201d the analyst concluded. If history repeats, the cryptocurrency could surge toward the $2.8-$3 area.<\/p>\n

At the time of writing, ONDO trades at $0.84, a 5.2% decline in the daily timeframe.<\/p>\n

\"ONDO,<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite failing to break out of its downtrend, ONDO could be preparing for a surge above the $2 barrier. Some analysts suggest it could repeat its 2024 playbook if it continues to hold its current levels. ONDO Breakout Eyes $2 ONDO, the native token of the tokenized real-world asset (RWA) platform Ondo Finance, is attempting…<\/p>\n","protected":false},"author":1,"featured_media":9146,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[25,718,734,439,252,17,1526,1527,3787,1528,1534,3788],"class_list":["post-9145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-ondo","tag-ondo-ath","tag-ondo-breakout","tag-ondo-finance","tag-ondousdt","tag-rwa-tokens"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=9145"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/9145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/9146"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=9145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=9145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=9145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}