ONDO trades near $0.3496 at press time, holding inside a rising channel after an EMA bearish crossover on August 2. The Ondo price prediction hinges on whether $ONDO clears the EMA 20 and EMA
ONDO trades near $0.3496 at press time, holding inside a rising channel after an EMA bearish crossover on August 2.
The Ondo price prediction hinges on whether $ONDO clears the EMA 20 and EMA 50 zone. TVL is up 4.6% in a week, adding a bullish undertone despite bearish technicals.
Key Takeaways
$ONDO is priced at $0.3496, down 0.08% in 24 hours, dated August 10, 2026
Price is trapped in a rising channel between $0.3386 support and $0.3597 resistance
Ondo Global Markets TVL climbed 4.6% in seven days to $961.6 million
Long positions absorbed $123K in 24-hour liquidations versus $29K for shorts
RSI sits at 41.42, in neutral territory, recovering from near 40 on August 7
ONDO Price Today: Market Snapshot
As of writing, $ONDO is changing hands at $0.3496, largely flat over the past 24 hours.
The token's market capitalization stands at $1.7 billion, with fully diluted valuation (FDV, the value if all 10 billion max supply tokens were circulating) at $3.49 billion, according to data confirmed on CoinMarketCap.
Trading volume tells a different story than price. The 24-hour volume jumped 17.09% to $66.69 million, pushing the volume-to-market-cap ratio to 3.91%. 
That kind of spike alongside a flat price often signals accumulation or a build-up before a directional move, though it does not guarantee which way price breaks.
This volume behavior is a key input into the near-term Ondo price prediction, since rising activity often precedes a breakout from consolidation.
The circulating supply sits at 4.86 billion $ONDO out of a 10 billion max supply, with 207.5K holders confirmed at press time.
The market cap to TVL ratio is 0.4897, meaning the network's value locked is growing faster in proportion than its market valuation.
ONDO Technical Analysis: Rising Channel, EMA Crossover and RSI
Rising Channel Structure
On the TradingView 4-hour Binance ONDO/USDT chart, dated August 10, 2026, price has carved out a rising channel since August 7.
Both the lows and highs are stepping upward inside two parallel, upward-sloping trendlines, a structure typically read as short-term bullish consolidation within a larger downtrend.
Above the channel sits $0.3597, the level token lost in early August that has since flipped from support into resistance. Beyond that, $0.3897 and $0.4155 mark the next resistance zones from the prior downleg.
EMA 20 and EMA 50 Crossover Signal
A bearish crossover between the EMA 20 and EMA 50 (Exponential Moving Averages, which smooth price to show short- and long-term trend direction) occurred on August 2, confirming the shift into a downtrend.
Both EMAs currently sit above price, acting as the first resistance layer if the channel breaks upward.
Should ONDO push through the EMAs and sustain above them, followed by a bullish crossover where EMA 20 climbs back above EMA 50, that would open the door toward the $0.3597 resistance and beyond.
A failed attempt would likely see the EMAs cap upside once again.
RSI Reading
The Relative Strength Index (RSI, a momentum gauge on a 0 to 100 scale) reads 41.42 at press time.
That is neutral territory, neither oversold nor overbought, and marks a recovery from a low near 40 recorded on August 7.
A sustained RSI move above 50 would support the bullish channel-breakout case.
Momentum readings like this remain central to any short-term Ondo price prediction, since RSI often leads price direction by a few candles.
ONDO Long/Short Ratio and Liquidation Data
Positioning data from CoinGlass, dated August 10, 2026, shows traders leaning long across major venues.
Binance's ONDO/USDT long/short account ratio sits at 1.0921, while its top-trader position ratio is higher at 1.9881. OKX shows the most lopsided reading, with a long/short ratio of 2.82.
Liquidations over the past 24 hours totaled $152.20K, split between $123.03K in long liquidations and $29.17K in shorts.
That imbalance suggests over-leveraged long positions have been getting squeezed more than shorts, a pattern that can add near-term downward pressure even while broader sentiment stays bullish.
Shorter windows tell a sharper story. In the past hour alone, $404.93 in liquidations were entirely long positions, and the 4-hour window shows $14.09K, again all long.
This confirms longs are absorbing most of the recent volatility.
Ondo Global Markets TVL Surges 4.6% in a Week
Total Value Locked (TVL, the dollar value of assets deposited in a protocol) in Ondo Global Markets climbed 4.6% over seven days to reach $961.6 million, according to an update shared by MSB Intel on X, dated August 10, 2026, citing DefiLlama data. 
That move ranks Ondo among the week's top gainers across real-world asset (RWA) protocols tracked by DefiLlama.
This TVL growth matters because it reflects real capital inflow into Ondo's tokenized real-world asset products, separate from speculative spot trading.
Rising TVL alongside a technically weak chart creates the central tension behind the current Ondo price prediction: fundamentals are strengthening even as short-term price structure stays cautious.
Ondo's overall protocol TVL across its ecosystem stands at $3.47 billion, per CoinMarketCap data, giving the Global Markets segment meaningful weight within that total.
Ondo Price Prediction: Bull, Base and Bear Case Scenarios
ScenarioPrice TargetKey ConditionBull Case$0.3897 to $0.4155Channel breaks upside, price reclaims and holds above EMA 20/50, and the bullish crossover confirms.Base Case$0.3386 to $0.3597Price stays range-bound inside the rising channel while RSI holds between 40 and 55.Bear Case$0.3186 to $0.3042Channel breaks downside, EMAs continue capping rallies, and long liquidations accelerate.
Methodology note: These levels are derived from visible support and resistance zones on the 4-hour chart, EMA 20/50 positioning, and current RSI momentum, cross-referenced with CoinGlass positioning data.
They reflect technical structure only and are not guaranteed outcomes.
Invalidation conditions: The bull case is invalidated if price fails to close above $0.3597 on sustained volume. The bear case is invalidated if TVL growth continues alongside a reclaim of the EMA zone, which would suggest fundamentals are overriding short-term technical weakness.
Expert Opinion on Ondo Price Outlook
CoinGabbar Market analysts tracking RWA-linked tokens note that TVL growth diverging from price weakness is not unusual during broader altcoin corrections, since on-chain deposits often lag investor sentiment shifts by days or weeks.
Analysts covering the sector suggest the $ONDO price prediction over the coming week will likely hinge more on whether the rising channel resolves upward or downward than on the TVL figure alone, since retail positioning data shows longs are already crowded and vulnerable to further squeezes.
Glossary of Key Terms
TVL (Total Value Locked):Dollar value of assets deposited in a protocol
RWA (Real-World Assets):Physical or traditional financial assets brought on-chain via tokenization
EMA (Exponential Moving Average):A trend indicator weighted toward recent price data
RSI (Relative Strength Index):A 0-100 momentum indicator showing overbought or oversold conditions
FDV (Fully Diluted Valuation):Market cap calculated using max supply instead of circulating supply
Methodology
Price, market cap, volume, supply and TVL figures are sourced from CoinMarketCap and cross-checked against CoinGecko where available, dated August 10, 2026.
Chart structure, EMA and RSI readings are drawn from TradingView 4-hour timeframe. Long/short ratios and liquidation data are sourced from CoinGlass.
The TVL figure is sourced from an MSB Intel update on X citing DefiLlama. All figures reflect data confirmed at the time of writing and are subject to change.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile. Please conduct your own research before making any investment decisions.