ONDO: Analyst Sees Uptrend With Correction Buy

ONDO has delivered a sharp rally that reached Michaël van de Poppe's target zone, confirming the start of a fresh uptrend according to the trader's July 23 post.

Van de Poppe remains cautious on immediate continuation and would step in on any 5-15% pullback, treating it as a high-probability accumulation level. This view aligns with the current 4h technical confluence where price sits at $0.4 above both the EMA50 at $0.37 and EMA200 at $0.35, while the MACD registers a bullish golden cross at 0.01 and RSI holds neutral at 58.8. With price trading inside the Bollinger Bands, the upper band at $0.44 acts as short-term resistance and the lower band at $0.34 as volatility support, suggesting any healthy retracement toward the EMA50 could reset momentum before the next leg higher. Traders watching ONDO price prediction models now focus on whether this structure sustains above the 200-EMA or requires the anticipated dip for fresh longs.