Ondo (ONDO) recently achieved an important milestone with the listing on Binance, drawing attention from analysts regarding its price outlook.
Ondo Listing on Binance
Binance has officially listed Ondo (ONDO) as part of its ‘Vote to List’ event. According to the exchange, Ondo was included alongside projects Big Time (BIGTIME) and Virtuals Protocol (VIRTUAL).
The listing occurred on April 11, 2025. Available trading pairs include ONDO/USDT and ONDO/USDC. Deposits are already open, and withdrawals will begin on April 12, 2025. This is a significant win for Ondo, as Binance listings often attract more traders and funds to crypto projects.
Price Analysis for ONDO
Analysts from World Of Charts provided a positive outlook for ONDO's price. They pointed out technical breakouts suggesting an upward price movement may be imminent. The analysis shows that Ondo has broken through its first resistance level and confirmed it as support, validating a real breakout.
Additionally, it is noted that ONDO is now breaking through another crucial descending trendline, which could trigger a significant price increase.
Growth Prospects
Technical analysis indicates the formation of a descending wedge pattern, which typically signals a price reversal upward. ONDO has remained within these boundaries during consolidation. After breaking through one internal trendline and confirming it as support, Ondo is now challenging the major upper trendline of the wedge.
A successful breakout could push the ONDO price toward $2.00, representing a gain of approximately 124.76%. The current support levels are around $0.82-$0.85. A drop below this range may weaken the bullish outlook.
With the Binance listing bringing increased attention and trading volume, and technical indicators suggesting a significant breakout, the coming weeks could be crucial for Ondo's price.
