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ONDO token rallies 17% after breaking key resistance, targeting 75% further gains to $0.70–$0.72

Technical Signals
23 Jul 2026
FXEmpire
View Source
Bullish
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Ondo Finance's ONDO token surged over 17% this week after breaking above the handle of a weekly cup-and-handle pattern, signaling a potential bullish breakout. A confirmed close above the $0.42–$0.46 neckline could push the token toward the $0.70–$0.72 target, representing about 75% upside from current levels. This technical optimism is supported by recent developments, including Ondo's participation in DTCC tokenized asset transactions and a partnership with Japan's SBI Group to explore tokenized Japanese equities and stablecoin settlements. If the breakout fails, ONDO could fall back to support levels near $0.30 or lower.

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