RWA Token ONDO Chart Turns Mega Bullish as Bitcoin Hits New ATH: Is the Rally Just Starting?

Bitcoin has finally smashed through its all-time high, now trading steadily above $110000. While the crypto market is still reacting to this historic move

Bitcoin has finally pushed through its all-time high and is now trading steadily above the $110,000 mark. While the crypto market is still digesting this historical move, many traders are shifting their attention to altcoins, especially those showing early signs of strength.

One of the most talked-about charts at the moment is Ondo (ONDO), and a few key analysts believe this breakout could be the start of something much bigger.

ONDO Price Chart Flips Bullish as Key Resistance Breaks

The price chart for ONDO recently flipped bullish after weeks of drifting lower inside a descending channel. That trend has now reversed.

ONDO broke out of the downtrend with a strong daily candle and reclaimed the $1 mark, an important psychological and technical level. This bounce happened right after a tap into the demand zone around $0.90, which had previously acted as support.

$BTC just hit a new ATH of $111.8K – now holding strong at $110.4K.

Meanwhile, $ONDO has broken out above key resistance and is back over $1.

The chart looks mega bullish, and momentum is now building.

Next target for me is : $1.20.

$ONDO isn’t just another alt — it’s one of the best performing tokens YTD and is leading the RWA narrative this cycle. Chart: TradingView

@Crypto_ED7, a widely followed analyst on X, called the current ONDO chart “mega bullish.” He noted the breakout above key resistance and said momentum is now building.

He also pointed out that ONDO is not just following the broader market move but is carving out leadership in the real-world asset (RWA) sector, making it one of the standout tokens in this cycle. His next target is around $1.20, assuming strength continues.

Analysts Say ONDO Is Positioned to Lead the RWA Narrative

Another analyst, @Quotes_nd_Notes (CryptonautX), also described as a strong project at the intersection of DeFi and real-world assets.

He highlighted ONDO’s innovative approach, strength partnerships, and growing ecosystem as signs of long-term strength. From his perspective, the technical setup now signals a buy opportunity, and he expects explosive growth in the near term.

These bullish calls are backed by more than just sentiment. Indicators on the chart, including RSI and stochastic oscillators, are flipping upward after being in oversold territory. Volume is starting to pick up again, and the breakout from the falling channel confirms a shift in structure.

If Bitcoin maintains its position above $110,000 and overall market sentiment remains strong, ONDO could continue to benefit from the rotation into altcoins.

With analysts now eyeing $1.20 and beyond, ONDO is no longer just showing signs of life, it might be preparing for a major run.