In terms of chart, it has become quiet about the RWA project Ondo Finance (ONDO). Over the past 30 days, the ONDO rate has reached between 0.86 and 1.11 US dollars in a 20 percent trading range.
After the bottom last was able to defend the underside around the previous month low, the bulls are currently trying to regain the range of resistance by 0.98 US dollars.
With a price increase of more than six percent, Altcoin from the Real World Assets segment is one of the top 100 largest cryptocurrencies in the last 24 trading hours.
After the RWA project announced the acquisition of a SEC-licensed US broker in July, this acquisition now seems to be growing first fruit. Today, Wednesday, the 3rd September, debuts Ondo Global Markets. More than 100 tokenized equities and ETFs will now be tradable onchain onchain on the Ethereum blockchain.
If the ONDO exchange rate can continue its recovery movement and sustainably recapture the Resistzone between 0.98 and 1.00 US dollars, the area will be returning to focus around the previous month’s heights. This area functioned several times as an insurmountable hurdle in 2025.
A dynamic breakout would allow for a trend continuation towards 1.32 US dollars.
If the bulls are staying at the pusher and can also penetrate this chart level, a trend follow-up movement would be conceivable up to the 1.47 US dollars.
This would also significantly improve the chance of a continuation to the zone around the annual high at 1.64 US dollars.
If, on the other hand, Ondo Finance already starts at 0.98 US dollars, but at the latest in the previous month high, the price would still be trapped in the current trading range.
A pullback to the weekly low would be likely to be 0.87 US dollars. If this support area is undercut by the daily closing price as part of a continuing weakness of the crypto sector, the sidewalk-up bearish would be abandoned and the correction is likely to reach the July low at 0.75 US dollars.
- The bulls must be there to prevent a retest of the low-temperature at 0.66 US dollars. From a chart point of view, this area functions as the maximum price target on the underside.
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Price Analysis based on the value pair ONDO/USD on Coinbase