Market Cap: $3.2003T 2.310%
Volume(24h): $123.4668B 23.250%
  • Market Cap: $3.2003T 2.310%
  • Volume(24h): $123.4668B 23.250%
  • Fear & Greed Index:
  • Market Cap: $3.2003T 2.310%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$95869.388821 USD

-2.58%

ethereum
ethereum

$2601.967006 USD

-4.30%

tether
tether

$0.999844 USD

-0.03%

xrp
xrp

$2.398502 USD

-4.77%

solana
solana

$194.031240 USD

-5.54%

bnb
bnb

$631.627084 USD

-0.98%

usd-coin
usd-coin

$1.000012 USD

0.00%

dogecoin
dogecoin

$0.251912 USD

-6.20%

cardano
cardano

$0.759874 USD

-4.61%

tron
tron

$0.238115 USD

-3.18%

chainlink
chainlink

$18.478536 USD

-6.37%

avalanche
avalanche

$24.975027 USD

-6.62%

sui
sui

$3.245364 USD

-8.04%

stellar
stellar

$0.313605 USD

-6.52%

toncoin
toncoin

$3.712774 USD

-4.18%

Cryptocurrency News Articles

Here's Why ONDO Price Could Explode to $5

Feb 12, 2025 at 07:30 pm

Ondo Finance (ONDO) is positioning itself as a key player in the real-world asset sector, as market analysts and traders anticipate a potential price surge to $5.

Here's Why ONDO Price Could Explode to $5

Ondo Finance (CRYPTO: ONDO) price could explode to hit a target of $5, according to market analysts and traders.

A combination of strong technical indicators, key institutional partnerships, and blockchain integrations have positioned ONDO for what some are calling a breakout moment. Recent developments, including Ondo Chain's launch and high-profile collaborations, are fueling speculation that ONDO could see a huge price rally.

Here’s a closer look at some of the factors driving speculation حول سعر ONDO:

Ondo Chain Launch: Ondo Finance is set to launch the first institutional-grade blockchain tailored for Real World Assets (RWAs). Crypto analyst JChains (@JChainsX) labeled this a “GAME CHANGER,” highlighting the project's capacity to connect traditional finance with blockchain assets.

World Liberty Financial Deal: Another factor driving speculation is ONDO's reported connection to World Liberty Financial, a crypto project backed by Donald Trump.

CryptoBusy (@CryptoBusy) highlighted this development, pointing out Trump's historical involvement in real-world asset initiatives. While details remain limited, the association has sparked interest among investors looking for political and institutional backing in crypto markets.

XRPL Integration: Beyond that, another major milestone is ONDO's integration with XRPL. By linking OUSG—Ondo's tokenized U.S. Treasury product—with Ripple's RLUSD stablecoin, ONDO is tapping into seamless 24/7 liquidity. This move could enhance the utility of ONDO in institutional finance, further strengthening its long-term bullish case.

Technical Indicators: Market watchers are also closely analyzing ONDO's price action, with several indicators suggesting a bullish breakout. JChains (@JChainsX) pointed to a descending triangle pattern, typically a precursor to a strong upward move.

Technical metrics like Relative Strength Index (RSI) and MACD are also showing bullish momentum, with divergences stacking up, indicating the possibility of an explosive price movement. JChains also pointed to volume gaps suggesting a potential surge past key resistance levels at $2 and $3, ultimately targeting $5.

A recent price backtest at key support levels is also noted by InvestingHaven (@InvestingHaven) in their latest market update. Their analysis suggests that ONDO is still respecting key levels, and a strong bounce from current levels could trigger a rally toward higher price targets.

Despite the bullish outlook, ONDO's short-term price action has been mixed. Per CoinGecko, ONDO trades at about $1.34 at press time. This reflects a 3.82% decline in the last 24 hours and a 1.22% drop over the past week. However, its daily trading volume of $393.5 million indicates strong market activity, suggesting increased investor interest.

With multiple catalysts aligning, ONDO's path to $5 could unfold in the coming sessions. If momentum continues to build, this could mark the next major phase in ONDO's price trajectory.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 13, 2025