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Ondo (ONDO) rises 6.6% but faces uncertain recovery amid weak momentum and Bitcoin ETF outflows.

Technical Signals
20 Oct 2026
Tokenpost
View Source
Neutral
Ondo (ONDO) rises 6.6% but faces uncertain recovery amid weak momentum and Bitcoin ETF outflows.

Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows, indicating cautious investor sentiment. ONDO's daily chart shows some support around $0.43, but momentum indicators are weakening, while the four-hour chart signals more immediate weakness. A close below $0.404 could confirm a bearish trend, making the near-term outlook uncertain.

Ondo (ONDO) shows a slight pullback after its recent rebound, trading at Rp7.822 with a 0.75% decline as of Oct 20, 2026 20:32 WIB on Pluang. The token's market cap stands at Rp38,11 trillion, with a balanced order activity leaning slightly towards buying at 56%. Meanwhile, Bitcoin is priced at Rp1.467.045.970, down 1.10%, reflecting cautious sentiment in the broader crypto market on Pluang.

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