Ondo gains access to DTCC Fund/SERV as ONDO eyes breakout from bull flag

ONDO, the native token of Ondo Finance, is approaching a potentially critical technical stage after consolidating in a bull flag pattern for several months. Analysts and traders are watching closely for signs of a breakout, while Ondo continues to expand its tokenization infrastructure and integrations with traditional finance.

Technical setup draws trader attention

Crypto market analyst Crypto Scient identified ONDO as one of the more overlooked projects, noting that its price chart has formed a bull flag over approximately three and a half months. A bull flag is a technical pattern often associated with a pause before further price movement in the direction of the preceding trend.

ONDO recently dropped below the lower trendline of this flag formation, but quickly recovered back into the pattern. Crypto Scient pointed to $1 as a potential target in the fourth quarter, though emphasized that this was not a formal forecast. As of the most recent daily close, ONDO traded at around $0.372, according to CoinGecko data. A move to $1 would represent a significant increase if achieved in the coming months.

Crypto Scient described ONDO as “one of the more overlooked charts,” highlighting the multi-month bull flag pattern and the recent deviation followed by a recovery.