Ethereum ETF approval helps ONDO soar to $1.33 ATH: $2 next?

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ONDO has unexpectedly broken an all-time high amid the Ethereum ETF hype. How long will this rally continue?

With recent stability around $1.27, ONDO aims for $2 if it breaks the $1.32 resistance.The ONDO/USDT pair has shown some interesting movements over the last five days.

This upward movement was followed by typical volatility, with prices retracting slightly and then attempting to stabilize near the $1.30 mark before a subsequent pullback to the $1.27 level.ONDO’s trading volume has remained relatively steady, with a notable rise coinciding with the price surge, meaning there has been an increase in buyer interest during that period.

The $1.27 level could also serve as a new support if ONDO maintains its foothold, or it might see further dips if the selling pressure increases.

 

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