- Ondo value hovered round $0.24, down about 6%.
- If there’s a breakout, ONDO may goal for $0.45 within the brief time period.
- If the bulls are unable to maintain good points, ONDO may fall beneath $0.20.
Enhancing sentiment has pushed a lot of the altcoin market larger, together with real-world asset tokenization tasks, with the ONDO token rising to almost $0.30.
Nevertheless, promoting strain has developed round key resistance ranges, and as of this writing, Monday, February 9, 2026, the value has fallen by roughly 6% over the previous 24 hours.
Consequently, regardless of a barely constructive technical setup, a deeper pullback may undermine short-term upward momentum and additional strain ONDO costs.
Ondo value abstract: rebound hits provide wall
Like a number of main altcoins, ONDO additionally rebounded from the $0.20 degree because the cryptocurrency recovered from the February 5 drop.
Nevertheless, the shopping for momentum weakened round $0.27, the place promoting strain continued over the weekend, establishing this area as a powerful provide zone.
On Monday, the token fell once more, down about 6%, buying and selling at simply above $0.24.
This decline was accompanied by an 8% improve in buying and selling quantity, indicating that sellers proceed to dominate.
This weak spot comes as broader market sentiment stays destructive and Bitcoin struggles to regain traction close to the $70,000 degree.
On-chain knowledge throughout the sector exhibits sustained promoting by early buyers and huge holders.
ONDO continues to be underneath strain, down round 14% over the previous week, consistent with an identical decline throughout RWA-related tokens.
Outlook for Ondo costs: Up or threat of recent ache?
ONDO’s broader outlook continues to mirror the steadiness between technical components and broader macroeconomic pressures.
If a breakout materializes, ONDO may goal for the $0.45 degree within the close to time period, with room to increase in the direction of $0.70 if momentum good points.
Nevertheless, draw back dangers stay excessive.
The general crypto market stays depressed, with Bitcoin struggling beneath $69,000 and Ethereum going through repeated rejections close to $2,000.
Sentiment stays fragile, with CoinMarketCap’s Crypto Worry and Greed Index at 9, firmly in excessive concern territory.
Lively liquidation exercise of greater than $344 million prior to now 24 hours additionally signifies continued market stress.
If ONDO fails to take care of help at $0.21, analysts warn {that a} pullback to the $0.17 degree may proceed.