
ONDO Price on Brink of 47% Move: Analyst
ONDO token is nearing a decisive breakout from a descending triangle pattern, with a potential 47% price swing in either direction.
1H
1.31%$0.0095
24H
-3.14%$0.0237
7D
-8.14%$0.0649
30D
-15.5%$0.1343
ONDO token is nearing a decisive breakout from a descending triangle pattern, with a potential 47% price swing in either direction.
Under the partnership, WLFI will integrate Ondo’s tokenized assets, including Short-Term US Treasuries (OUSG) and US Dollar Yield (USDY), into its treasury reserves.
ONDO price has seen a 3.5% uptick after the announcement of Ondo Global Markets, with technical levels suggesting potential for further gains.
The TVL for RWA tokenization hasn’t begun its climb just recently. It all started last November, amid a wider crypto market surge.
The bullish reversal chances surround the ONDO price chart with the channel breakout on the horizon. Will a breakout rally create a new all-time high?
ONDO is a DeFi primitive that enables users to originate risk-isolated, fixed yield loans backed by yield-generating crypto-assets. It’s unique because it’s a permissionless protocol that allows users to interact on a peer-to-pool basis with no intermediaries.
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