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ONDO rallies over 100%, testing key resistance amid bullish and bearish signals.

Technical Signals
10 May 2026
Blockonomi
View Source
Neutral
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ONDO has surged more than 100% from its lows near $0.19, now facing critical resistance between $0.486 and $0.598, a key Fibonacci retracement zone. Technical analysis suggests the rally may be corrective within a broader bearish trend, with a decisive breakout above $0.598 needed to confirm further upside. Meanwhile, ONDO gains institutional interest through partnerships with JPMorgan, Mastercard, and Ripple, boosting confidence in its role in tokenized finance and real-world asset settlement. Maintaining support above $0.35 is crucial for the bullish outlook, with potential targets at $0.70 and $0.85 if momentum continues.

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