Ondo Finance’s ONDO token traded within a tight range on March 29, 2026, showing minor gains but facing persistent bearish technical signals. Analysts noted the price remains confined by key support and resistance levels, with indicators like the RSI and MACD reflecting low buying pressure and ongoing negative momentum, suggesting a breakout is needed for a decisive trend shift.
The Ondo Finance (ONDO) asset held within a defined trading range on March 29, 2026, as one analyst noted it could break out in the coming days. The structure remained intact short-term while respecting support and resistance levels.
At reporting time, ONDO traded at $0.2696, a 3.09% increase over 24 hours. CoinMarketCap data showed a trading volume of $124.29 million and a market capitalization of $1.31 billion.
Crypto analyst Alpha Crypto Signal shared an analysis stating ONDO was trading in a horizontal channel. The analyst added that “the confirmation of a breakout above the channel would change the trend to a stronger bullish trend.”
Technical indicators supported a cautious outlook, with the Relative Strength Index at 32.61 reflecting low buying pressure. The Moving Average Ribbon also showed a downward trend, with the price below several key levels.
The MACD indicator remained in negative territory, signaling ongoing selling pressure. However, its histogram was slightly positive, which may indicate slowing bearish momentum.
Overall, ONDO’s price action remained range-bound with short-term opportunities hinging on support holding. A clean breakout or breakdown from this structure is likely required for the next significant price move.
