If the support at $0.85 for ODO crypto fails in September, there's a potential for its price to fall to $0.68.

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In the dynamic world of cryptocurrencies, the digital asset ONDO has been attracting significant attention due to its recent price movements. Here's a breakdown of the current situation, based on recent chart analysis and trader discussions.

The TradingView chart indicates clear support and resistance levels for ONDO, with the $0.68 level serving as the major lower bound, and resistance near $1.10 and $1.30 repeatedly capping rallies. This pattern of price action highlights heavy volatility, with fluctuations between $0.68 and $1.30 in recent months.

Despite the lack of explicit mentions of analysts or a direct $0.68 target for ONDO in August 2025, the search results do show that ONDO fell to a low around $0.67 in June 2025. This, combined with Fibonacci retracement levels relevant for its price movement around $0.87 to $1.02, suggests that $0.68 could be an important level in ONDO's price action.

As September approaches, investors are remaining alert, as the coming sessions may decide whether ONDO will sustain its range or begin a deeper retracement. Liquidity has been built around the $0.85 level, making it both a potential shield for bulls and a target for bears. A breakdown of the $0.85 support could lead to prices dropping towards $0.68.

The $0.85 zone is a subject of debate among traders. Some suggest it represents sustained accumulation over 100 days, while others believe whales may have already positioned themselves within the $0.85 to $0.90 range, making further downside less likely. The $0.85 level is considered crucial for ONDO's trend direction.

Analysts have identified $0.68 as the next important level if $0.85 is breached. Skeptics argue that if $0.85 breaks, the decline could mirror the earlier declines seen in April. However, others remain optimistic, suggesting that the current price action could be a consolidation before a potential rally.

The commentary on ONDO's price action received strong engagement, with thousands of views and multiple trader responses. Many traders are comparing ONDO's price action with Bitcoin's, indicating a broader interest in the cryptocurrency market.

It's important to note that the choppy conditions in the crypto market could potentially make ONDO more vulnerable. Investors are cautious, waiting for a confirmed direction due to this volatility. As always, it's crucial to do thorough research and consider all factors before making investment decisions.

As of this writing, ONDO currently trades at $0.9067, representing an intraday gain of 0.13%. Keep an eye on this asset as it continues to make waves in the cryptocurrency market.