ONDO Breaks Out of Downtrend as TVL Hits $1.27B in Ondo Finance

$ONDO breaks above $0.90, ending a sustained downtrend and signaling renewed accumulation supported by recovering momentum indicators.

Ondo Finance ecosystem records a $1.27 billion TVL, reflecting growing investor confidence and expanding participation across the DeFi protocol.

Bullish divergence and increasing volume suggest rising demand, with analysts projecting a possible move toward the $1.20–$1.50 range.

$ONDO is showing early signs of a potential trend reversal. The digital asset has recently exited a prolonged downtrend and is now forming a stable base above a key price level.

Technical Indicators Point to Strength

A tweet by market analyst CryptoED notes that $ONDO has broken out of its descending channel and is now consolidating above the $0.90 support zone. This price level has acted as a crucial accumulation area, with market behavior suggesting a build-up of buying interest.

Technical momentum indicators are beginning to show early signs of recovery. According to the post, the Relative Strength Index (RSI) is rebounding from oversold levels. Moreover, bullish divergence across various momentum indicators indicates potential upward pressure. Trading volume has also started to climb, reinforcing confidence at current price levels.

If the token continues to maintain its structure above $0.90, the analysis suggests a move toward the $1.20–$1.50 range could materialize in the short term.

TVL Reaches Record High

Another analyst CryptoReviewing reports that the total value locked (TVL) in the Ondo Finance ecosystem has reached a new all-time high of $1.27 billion.This achievement highlights increased trust and adoption of the platform.

TVL is an essential measurement reflecting capital coming into a decentralized finance protocol. The more the ecosystem's TVL goes up, the more it tends to enhance the utility and perceived stability of its related token.This level of capital inflow aligns with the observed accumulation phase in $ONDO, reinforcing market interest at the current valuation.

The sharp rise in TVL could be contributing to the current price consolidation and increasing demand for the token.

Market Sentiment and Near-Term Outlook

The combination of technical and on-chain data suggests a shift in market sentiment around $ONDO. Increased volume at current levels, paired with bullish divergence, hints at renewed market confidence.

Price structure stability around $0.90 will be critical in the coming sessions. Holding this level may validate accumulation patterns and potentially initiate a fresh upward trend. Both tweets collectively point toward growing momentum in favor of $ONDO.

The post ONDO Breaks Out of Downtrend as TVL Hits $1.27B in Ondo Finance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.