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Home Articles Ondo Finance Price Eyes $0.46 After 8-Month Trendline Break

Ondo Finance Price Eyes $0.46 After 8-Month Trendline Break

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
Updated: May 4th, 2026
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

Ondo Finance coin is up 13% Monday morning, trading at $0.3098, but the percentage move is secondary to what the chart is showing. For the first time since July 2025, the ONDO token has broken cleanly above a descending trendline that defined eight consecutive months of lower highs and lower lows. Volume also backed the break, with $120.7 million in 24-hour turnover, a 26.64% surge.

Ondo Price Prediction: $0.46 Comes Into View, But $0.32 Must Hold First

The trendline had been doing its job since September last year, with every recovery attempt capped lower than the last. ONDO price ground down through the final months of 2025, bottoming at $0.2209 in early February 2026.

ONDO/USDT Daily Chart | Source: TradingView

That level, alongside $0.2490, formed the red demand floor: tested multiple times, held each time, and ultimately established the base for the current rally. From February through April, the Ondo Finance price compressed into a tight sideways band above that floor with no meaningful breakdown or expansion.

Ranges like that preceded by a multi-month downtrend and anchored to strong protocol fundamentals don’t typically resolve back lower. They often expand, and the expansion arrived in early May.

While the break is confirmed, whether it holds remains unconfirmed. ONDO coin price is now running directly into the $0.3156–$0.3174 resistance band, a level that has capped multiple sessions and represents the first real credibility test for this move.

A measured reaction here wouldn’t invalidate the structure, but a rejection back below $0.28 without forming a higher low would. Ondo price prediction toward the $0.45–$0.46 major resistance zone, former 2025 support-turned-resistance on the daily, requires a decisive close above $0.32, followed by sustained volume. Neither condition is confirmed yet.

What strengthens the case is the Broadridge partnership announced last week. Proxy voting is now live across 250+ tokenized stocks and ETFs on Ondo, meaning on-chain equity positions carry full shareholder governance rights, something no tokenized equity platform had solved at this scale before.

READ MORE: XRP Price Prediction as Ripple ETFs Score Best Month in 2026 and as CLARITY Act Odds Jump

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Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.