Ondo Price Holds $0.40 As Bullish MACD Builds Momentum

By Athulyamol VS | Edited By Ammar Raza,July 30, 2026, 8:00 AM

Ondo Price is attempting to stabilize around a key technical level after a minor pullback, with derivatives data indicating that traders remain active despite the recent weakness.

At press time, Ondo (ONDO) trades at $0.3999, reflecting a 1.55% decrease over the past 24 hours. Even though sellers have capped the latest rally below recent highs, the token continues to trade above an important support area.

Also Read: ONDO Price Eyes $0.48 as SEC Approval Fuels Tokenized Stocks Expansion

What Causes the Decline in the Ondo Price?

The decline appears to be a pause following the strong rally during the second half of July rather than the beginning of a broader trend reversal. The price has been consolidating around the important $0.40 level as traders book profits after the recent rally.

CoinGlass data shows that open interest has remained close to its recent peak at around $200 million, indicating that traders continue opening leveraged positions rather than closing them.

What Does the TradingView Chart Show for Ondo Price?

The daily TradingView chart continues to favor buyers. ONDO price recently broke above the $0.3611 resistance level, which now acts as immediate support. Below this, $0.3242 remains the next major support zone if selling pressure increases.

The MACD indicator continues to signal bullish momentum. The MACD line remains above the signal line while the histogram continues to flatten. This suggests bullish momentum remains intact but is beginning to cool after the recent rally.

Volume has moderated since the breakout, suggesting fresh buying may be needed to sustain another move higher.

Will Ondo Price Break Above $0.40?

A daily close above $0.40 would strengthen the bullish structure and could open the door to another move toward the $0.42–$0.45 swing high area.

However, if ONDO loses the $0.3611 support, the price could retest $0.3242, where buyers previously stepped in.

What Role Does CoinGlass Data Play in the Ondo Price Trend?

CoinGlass data suggests a constructive outlook for the derivatives market. Open interest has risen alongside the price throughout July, indicating that fresh capital entered the market. Trading volume also increased during the recent rally before easing as price consolidated.

Liquidation data shows both long and short liquidations throughout July, highlighting active participation from both bulls and bears. Nevertheless, neither side has established clear control, suggesting the market remains in a consolidation phase.

Also Read: ONDO Price Eyes $0.665 After Breakout and Major SBI Tokenization Deal

What Does Ondo’s July Performance Suggest?

Looking at historical monthly returns from Cryptorank, July has delivered a gain of approximately 29.4% so far in 2026, extending the token’s recovery after June’s decline.

ONDO price remains above its key support level, while the MACD continues to generate a bullish signal. Holding above $0.3611 keeps the current recovery structure intact.

From a technical perspective, Ondo Price continues to trade above the key $0.3611 support level, while the MACD remains in bullish territory despite signs of slowing momentum. A sustained move above $0.40 could strengthen the current recovery and pave the way for a retest of the $0.42–$0.45 resistance zone.

On the derivatives side, elevated open interest and steady trading activity suggest that market participants remain actively engaged. Although liquidation data reflects aggressive positioning from both bulls and bears, neither side has gained decisive control, pointing to a period of consolidation rather than a confirmed trend reversal.

Also Read: Ondo Price Surges 12% After Ondo Foundation Expands Tokenized Stock Collateral

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.