ONDO Tests Critical Demand Zone at $0.30 With Analyst Targeting 5,000% Expansion

TLDR:

• ONDO consolidates at $0.34 near critical $0.32-$0.20 demand zone after 85% decline from ATH peak
• Whale orders dominate $0.35-$0.40 range as 90-day CVD rises showing buy pressure exceeds selling
• CryptoPatel targets $0.70 to $10 expansion if 1.94B token unlock supply gets absorbed by market
• Bullish thesis remains valid above $0.20 weekly close with invalidation triggering below this level

ONDO trades at $0.34 near a major weekly demand zone following an 85% decline from its all-time high. 

The RWA token faces a crucial test as on-chain metrics suggest smart money positioning ahead of a potential altcoin season rally. 

Market structure indicates price consolidation between $0.32 and $0.20 could serve as foundation for sustained upward momentum.

Technical Structure Points to Macro Bottom Formation

The token confirmed bearish divergence at $2.14, marking its macro top before entering a prolonged correction phase. 

Price broke down and retested the $0.73–$0.80 support level, which has now flipped to resistance. 

Higher timeframe demand exists between $0.30 and $0.20, with technical analysis suggesting a possible final retracement into the bullish order flow zone of $0.32–$0.20.

ONDO maintains a bullish bias while trading above the $0.20 level on higher timeframe closes. The current consolidation zone represents a potential accumulation area before the next major move. 

Crypto analyst CryptoPatel identifies stealth accumulation patterns despite weak price action in recent weeks.

CryptoPatel outlined specific price targets at $0.70, $1, $2, and an extended range of $5–$10 for the RWA token. 

These projections depend on the market’s ability to absorb upcoming supply pressures. The analyst’s framework suggests a multi-phase expansion if macro conditions support risk-on crypto positioning during the anticipated altcoin season.

On-Chain Data Reveals Strategic Accumulation Before Major Unlock

On-chain analysis shows whale spot orders dominating order flow between $0.35 and $0.40. The 90-day cumulative volume delta continues rising, indicating buy pressure exceeds sell pressure at current levels. Taker-buy dominance further confirms smart money positioning ahead of market catalysts.

A major token unlock of 1.94 billion ONDO occurred on January 18, 2026, presenting both risk and opportunity for traders. 

The market’s response to this supply injection will determine whether accumulation patterns translate into sustained price appreciation. 

Historical precedent shows tokens often establish bottoms around major unlock events when demand remains robust.

The $0.32–$0.20 zone may represent the final accumulation opportunity before ONDO enters its next expansion phase. 

RWA narratives continue gaining traction as institutional interest in tokenized real-world assets grows. However, the setup carries clear invalidation parameters with a weekly close below $0.20 negating the bullish thesis entirely.