Technical Analysis of Ondo (ONDO)
Currently, the price of ONDO is in a bullish trend. A flag pattern has formed on the chart, which usually indicates consolidation before a possible continuation of the upward movement. This formation is often accompanied by a sharp upward movement after the consolidation phase is completed.
Indicators:
• RSI is in the buying zone, indicating potential prolonged growth.
• MACD confirms bullish momentum, with rising histograms and a positive crossover of the lines.
• Volumes show active participation of buyers, which also supports the continuation of the trend scenario.
Forecast: After the correction is completed and the flag pattern is worked out, I expect active growth towards $3–$3.5 in the medium term.
Brief Fundamental Analysis of Ondo (ONDO)
Ondo Finance is actively developing the tokenization of real assets (RWA), such as bonds and real estate, which expands the possibilities for using blockchain technologies in traditional finance. The platform has partnerships with major financial institutions, including BlackRock and PIMCO, which strengthens its market position and increases the trust of institutional investors.