- ONDO forms a bullish reversal pattern and flirts with a 50-day EMA, setting the stage for a potential breakout past $1.00.
- Backed by rising interest in tokenized assets, ONDO could revisit its all-time high and aim for $3 if momentum continues.
As of April 12, 2025, Ondo Finance (ONDO) recovered over 5% in the past 24 hours and is currently trading at $0.878, bouncing back sharply from its previous week dip. With a current market cap of $2.77 billion, ONDO shows signs of strength even as broader markets stay shaky. The token recently printed a bullish engulfing pattern on the weekly chart — a strong signal that momentum could shift in favor of buyers.
Interestingly, this move came while market sentiment remains stuck in ” Fear” at 27 out of 100, according to Fear & Greed Index data. In crypto, this fear often triggers panic selling or sets the stage for big players to load up quietly. ONDO seems to be catching serious attention now, thanks to its rising role in real-world asset tokenization.
Technical Setup Points to a Potential Breakout
Ondo Finance (ONDO) is starting to look strong again after weeks of quiet trading, showing bullish signs above $0.85. A bullish engulfing candle has formed on the weekly chart—often a solid hint that the downtrend may be losing steam. Ondo now moves to the $0.90–$0.92 zone, which has been a tricky area in recent weeks. Getting past that could open the door to bigger gains.
The RSI currently sits under 48 and is slowly climbing. That means buyers are starting to step back in. If RSI moves above 55, it could confirm stronger momentum. At the same time, the MACD indicator is showing early signs of a shift toward the upside. The two moving averages have just crossed, which often means a possible rally is coming.
ONDO price is also moving toward its 50-day EMA, currently near $0.92. That level has acted as resistance, but a clean break above it could bring in more positive momentum. Longer-term, the 200-day EMA at $1.10 will be a significant level to watch. Support is holding up well at $0.80 and $0.85, while the next big test lies at the $1.20 mark and eventually back to its previous high of $2.10.
Right now, volatility sits at 5.43%, which is modest for a token like ONDO. The token closed green on 14 of the last 30 days, showing buyers are slowly gaining the upper hand. If these trends hold, ONDO could be setting up for a solid comeback.
Market Fundamentals Back the Technical Momentum
This technical setup is helped by the growing belief in ONDO’s real-world use. Since its debut in January 2024 at just $0.09, ONDO has delivered over 2,200% gains at its peak—a huge run fueled by its focus on bringing traditional finance onto the blockchain.
The team behind Ondo is pushing tokenized assets like U.S. Treasuries and cash-flow products into the crypto space, making it easier for everyday and institutional users to access reliable, yield-generating tools.
The adoption of Real-World Asset (RWA) tokenization is growing fast. Governments, banks, and asset managers are exploring this space, and Ondo is one of the few projects already up and running with real adoption. This gives ONDO a significant edge going into the next market cycle phase.
If ONDO continues on this path, things could heat up quickly. Traders expect a potential breakout to $1.50 or even $3.00 this year if momentum holds and broader crypto sentiment improves. The key short-term goals are to stay above $0.85, reclaim the 50-day EMA, and keep pushing toward $1.20.
In the bigger picture, if the tokenization trend continues to pick up steam, ONDO could return to its all-time high and push even higher by 2026 or 2027. Some long-range forecasts even place ONDO between $5 and $7 by 2030 — but that depends on how fast the world adopts blockchain-based financial products.
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