- Break above $0.91 could push ONDO price closer to $1.
- SUI holds strong support between $2 and $2.40 right now.
- SUI breakout above $2.40 could target $3 in the short term.
The crypto market shows signs of life today, led by Bitcoin climbing above $87,000. While most altcoins recovered slowly, standouts SUI and ONDO posted gains of over 5%, outpacing the broader market rebound.
ONDO Price Analysis: Targeting $1?
ONDO showed signs of stability, bouncing back after holding support near $0.82 during the Easter weekend. Despite earlier expectations of a drop toward $0.77–$0.78, the price held firm and has since moved upward.
Currently, trades within a consolidation range between $0.77 and $0.89—a zone it has respected since early March. Now, the big question is whether it can break above its key resistance around $0.91 and hit $1.
However, ONDO remains closely tied to Bitcoin, with over 75% correlation. That means any pullback in BTC could quickly drag ONDO down as well. While volume has picked up post-holiday, it hasn’t matched the strength seen during past upward moves.
Unless there is an increase in volume, ONDO might face a rejection or a “fakeout” near the $0.91 mark. In that case, the price could retrace to the $0.83–$0.85 zone, which has acted as a key liquidity area.
Related: Crypto Market Edges Higher as Bitcoin Crosses $87K; Cardano Eyes Breakout
What’s Next For SUI Price?
SUI, meanwhile, showed impressive strength in this market cycle, currently holding between the key support zone between $2 and $2.40—an area that previously acted as resistance before the altcoin’s explosive rally to $5.37. After a healthy pullback, SUI is now consolidating in this demand zone, and technicals suggest that if it can break above the $2.40 level, a move toward $3 is likely.
Related: SOL/ETH Ratio Hits All-Time High: Is Solana Really Catching Up to Ethereum?
That would represent a potential 40–45% upside from current levels. Despite some short-term volatility, the price action remains constructive, especially with growing momentum ahead of the Basecamp event in May, where bullish announcements could act as a catalyst. Combined with strong fundamentals and rising stablecoin inflows, SUI looks poised for another breakout.
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