Breakout from a Long-Term Descending Triangle Com

Breakout from a Long-Term Descending Triangle

Complementing the short-term bullish case is a broader technical pattern identified by Solberg Invest. Their chart analysis reveals that ONDO price has recently broken out of a long-term descending triangle, a formation typically associated with bullish reversal potential.

The breakout has been supported by strong volume and price structure, indicating that the move is more than just a temporary rally. The triangle pattern began forming in early 2025 during ONDO’s downtrend, and its recent invalidation signals a major shift in market dynamics.

Solberg’s projected price path indicates a potential parabolic rise toward $3.40, which would mark a new all-time high (ATH) for ONDO.

This projection takes into account likely interim consolidations and minor pullbacks, characteristic of a sustainable, healthy uptrend.