The post Ondo Price Analysis – Bulls to Eye $1.14 Breakout After 20% Weekly Surge? appeared first on Coinpedia Fintech News
Ondo Price Today
| Cryptocurrency | Ondo |
| Token | ONDO |
| Price | $1.0979 8.80% |
| Market Cap | $ 3,468,413,976.17 |
| 24h Volume | $ 420,049,844.2656 |
| Circulating Supply | 3,159,107,529.00 |
| Total Supply | 10,000,000,000.00 |
| All-Time High | $ 2.1413 on 16 December 2024 |
| All-Time Low | $ 0.0835 on 18 January 2024 |
Ondo Finance has been one of the fastest movers in the past week, and is today’s top gainer. Rallying nearly 20% as it rides the wave of RWA tokenization hype. At press time, the ONDO price is listed on exchanges at $1.10, while commanding a 9.4% premium over the past 24 hours. This is with the daily volume spiking by 58.85% to $396.6 million.
The token has broken through key resistance levels, setting the stage for a potential test of its July peaks. But with momentum indicators running high, traders are watching closely to see if ONDO can sustain this breakout or if profit-taking cools things down. Join me as I take you through the potential Ondo price targets for the near term.
Ondo News
The rally in ONDO isn’t just technical, it’s backed by strong sector fundamentals. Ondo has positioned itself as a leader in the $26B RWA tokenization market, offering tokenized U.S. Treasuries and equities that have started attracting significant institutional inflows. Analysts at Bitrue have also recently flagged ONDO as a top RWA pick for September, quoting its growing role in bridging traditional finance liquidity into crypto.
On September 5, Ondo launched over 100 tokenized U.S. stocks and ETFs through its own chain, expanding its offerings beyond Treasuries. This move brings together equity markets with DeFi infrastructure, making Ondo a more versatile player in the RWA ecosystem. Large investors seemed to have anticipated this, with whales munching up 8 million ONDO tokens in late August.
Price Analysis
The Ondo token price has climbed above its 7-day SMA at $0.959 and cleared the 23.6% Fibonacci level at $1.05, flipping it into support. Currently, the price is trading sideways around $1.09, after briefly touching $1.13 earlier in the session.
The RSI-14 is at 70.41, which cautions about the crypto being in the overbought territory. However, the run is momentum-driven buying rather than exhaustion. Also, the MACD histogram has flipped positive, a classic sign of strengthening upside momentum.
For now, ONDO faces stiff resistance at $1.14, which marks the July 2025 high. A cnfirmed close above this level could unlock the 38.2% Fib extension at $1.18 and potentially open the door to $1.26. Conversely, the immediate support rests at $1.05, followed by the psychological $1.00 level.
FAQs
Ondo is benefiting from momentum in the RWA sector, boosted by new product launches and strong inflows into its tokenized Treasuries and equities.
Resistance sits at $1.14, then $1.18 and $1.26. Support levels are $1.05 and $1.00
While ONDO’s ATH is $2.14, it would first need to clear $1.26 and sustain volume-driven momentum before targeting higher levels.