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Cryptocurrency News Articles

ONDO Secures Huge Exchange Listing, Analyst Predicts New All-Time High

Apr 12, 2025 at 12:30 am

ONDO (ONDO) just got a major boost with a new Binance listing. At the same time, analysts are seeing promising chart patterns that suggest the ONDO price could rise significantly soon.

ONDO Secures Huge Exchange Listing, Analyst Predicts New All-Time High

Crypto analyst World Of Charts is closely following the price action of Ondo (ONDO), a token that recently made headlines with its inclusion in Binance’s ‘Vote to List’ program.

As part of the second batch, Binance will be listing Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL), with Seed Tags applied.

“Binance will open trading for Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL),” the exchange announced.

The listing on April 11, 2025, will offer trading pairs of ONDO/USDT and ONDO/USDC.

Moreover, users can now begin depositing Ondo on Binance, with withdrawal opening on April 12, 2025.

This listing is a crucial moment for Ondo, as Binance is the world’s largest cryptocurrency exchange, known for bringing in a large volume of traders and liquidity.

ONDO Price Is Breaking Crucial Resistance, According to World Of Charts

Crypto analyst World Of Charts shared a positive outlook on the Ondo (ONDO) price, highlighting technical details that suggest an upward movement may be coming soon.

World Of Charts said: “$Ondo 1st Range Breakout & Retest Has Already Got Cleared, Currently Breaking Another Crucial Descending Trendline, Expecting Strong Rally Towards New Ath After Successful Breakout.”

Their analysis shows Ondo has broken through its first resistance level and successfully tested that level as support—a clear sign of a breakout.

More importantly, World Of Charts says that ONDO is now breaking through another crucial descending trendline, which could be the final catalyst for a major price increase.

Technical Analysis Shows Potential 124% Gain For Ondo

Looking at the chart from World of Charts, we can see a descending wedge pattern forming over several months. This pattern, defined by two converging trendlines, is typically associated with a period of consolidation, in this case, a downward one.

The price tends to bounce within these boundaries, making it an area of interest for technical analysis. In the case of Ondo, the cryptocurrency has largely remained within these boundaries during its consolidation.

After breaking through one internal trendline and confirming it as support, Ondo is now testing the major upper trendline of the entire wedge. This second breakout is significant as it could finally release Ondo from months of downward price movement.

A successful breakout could push the Ondo price toward $2.00—a gain of about 124.76%. This target is defined by the wedge’s height and aligns with previous high points in the cryptocurrency’s price chart.

If the breakout gains momentum, World Of Charts believes a move toward new all-time highs could occur. However, current support is around $0.82-$0.85, the area of the prior breakout. A drop below this would weaken the bullish outlook.

With the Binance listing bringing more attention and trading volume, and technical signs pointing to a significant breakout, the next few weeks could be decisive for Ondo’s price performance.

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Other articles published on Apr 19, 2025