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Home Market Research Cryptocurrency

ONDO Price Prediction Amid Bitget Collaboration on Stocks

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 5 mins read
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ONDO Price Prediction Amid Bitget Collaboration on Stocks
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At press time, ONDO trades at $0.9083, marking a 5.2% drop in the past day. The token is moving within a clear range, and the chart shows signs of a possible turning point. At the same time, Bitget’s partnership with Ondo Finance on tokenized stocks and ETFs highlights how ONDO is gaining a role in linking blockchain to real assets.

ONDO Price Forms Cup and Handle as $1.43 Barrier Stays in Focus

ONDO price has formed a cup and handle pattern, which is often linked with stronger moves if the upper line breaks. A clear double bottom at $0.84 shows this level is holding as firm support and has blocked further losses more than once. 

Above, the area between $1.15 and $1.43 continues to act as heavy resistance, stopping ONDO from pushing higher. If price breaks through this region, the next targets could appear at $1.30, $1.57, and $1.84 based on Fibonacci extensions. 

The final extension at $2.00 marks the full measured move, representing nearly a 120% surge from the current price of $0.91. Together, these signals provide the base for a long-term ONDO price outlook that stays positive.

At the same time, ONDO price is holding near the 0.236 Fibonacci retracement level at $0.93, trading inside a narrowing range. The downward line forming the handle has squeezed price action, leaving little room before a clear move happens.

If ONDO breaks above this line, it could head straight toward $1.15. On the other hand, if it fails, the price may fall back to $0.84 support. 

So far, buying interest has kept the base intact, preventing a deeper slide. The tightening shape of the handle suggests ONDO is close to showing its next direction.

ONDO price action
ONDO/USDT 1-Day Chart (Source: TradingView)

Bitget and 1inch Expand Access to Tokenized Stocks and ETFs

Bitget’s partnership with Ondo Finance is giving users new access to tokenized stocks and ETFs, opening doors to assets like Apple, Tesla, and Amazon. These assets can now be traded 24/7 in dollars, backed by regulated custodians for added security. Bitget Wallet has also brought in Mastercard support, making it easier to use across different platforms. Ondo sets itself apart by connecting directly to equity markets, offering smoother access than models that depend only on on-chain liquidity. In addition, 1inch upgraded its Swap API with Ondo’s system, allowing wallets and apps to provide tokenized RWA trading. These moves show how ONDO is becoming part of a bigger bridge between blockchain and real-world finance. Tokenized stocks and ETFs, therefore, add more than access—they show how ONDO fits into a growing market shift.

Summary

ONDO price sits in a strong setup shaped by a cup and handle supported at $0.84. Clearing resistance between $1.15 and $1.43 could open a path toward $1.30, $1.57, and $1.84. The final extension at $2.00 points to nearly 120% upside from current levels. With added strength from Bitget and 1inch partnerships, ONDO holds both technical and adoption-driven potential.

Frequently Asked Questions (FAQs)

ONDO price has formed a cup and handle pattern supported by a double bottom at $0.84.

This zone has acted as strong resistance, and clearing it could confirm a breakout.

These collaborations expand ONDO’s role in tokenized stocks and ETFs, boosting its real-world relevance.

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coingapecoingape

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.



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