ONDO Price Targets $0.488 Amid Tokenized ETF Growth
Ondo Finance's (ONDO) tokenized ETF growth is fueling a bullish outlook for the asset, with its price eyeing $0.488 in the coming days. This projection comes as buyers defend a key demand zone and liquidity builds around higher price levels.
According to crypto analyst LAR, ONDO has strengthened after tapping a previously identified limit-order zone, triggering a strong reaction from buyers. The move has shifted market structure toward bullish order flow, suggesting that demand could continue building.
The current setup indicates that ONDO may have further room to advance as liquidity develops around higher price levels. The first objective of the analyst is the buy-side liquidity area at the price level of $0.4880, which will mean an upside of over 50% compared to the current price.