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Home/News Feed/ONDO rallies over 100%, testing key resistance amid bullish and bearish signals.
ONDO
Rp6,750
+Rp966 +16.70%

ONDO rallies over 100%, testing key resistance amid bullish and bearish signals.

Technical Signals
10 May 2026
Blockonomi
View Source
Neutral
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ONDO has surged more than 100% from its lows near $0.19, now facing critical resistance between $0.486 and $0.598, a key Fibonacci retracement zone. Technical analysis suggests the rally may be corrective within a broader bearish trend, with a decisive breakout above $0.598 needed to confirm further upside. Meanwhile, ONDO gains institutional interest through partnerships with JPMorgan, Mastercard, and Ripple, boosting confidence in its role in tokenized finance and real-world asset settlement. Maintaining support above $0.35 is crucial for the bullish outlook, with potential targets at $0.70 and $0.85 if momentum continues.

More News (ONDO)

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...

Market News
Neutral
8 hours ago
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