\$ONDO

ONDOUSDT

Perp

1.0093

+2.66%

🔍 **Ondo (ONDO) Update – August 17, 2025**

📊 **Market Overview**

* **Price**: \$1.00–\$1.01, up 1.51% on the day.

* **24h Trading Volume**: \$97.5M–\$181.9M, showing active market participation.

* **Market Cap**: \$3.16B–\$3.17B, ranking #28–37 globally.

* **7-Day Performance**: Down 4.67–4.79%, reflecting recent price swings.

⚙️ **Technical Snapshot**

* **RSI (52–59.6)**: Neutral, no extreme conditions.

* **Moving Averages**: Above **50-day SMA (\$0.946)** and **200-day SMA (\$0.849)**, indicating mid-term support.

* **MACD**: Suggesting potential bullish reversal despite recent bearish crossover.

* **Key Levels**:

* **Support**: \$0.9167–\$0.978, critical for stability.

* **Resistance**: \$1.04–\$1.20; breaking this could push price toward \$1.29.

📈 **Drivers & Market Mood**

* **Upside Catalysts**:

* Acquisition of Strangelove enhances RWA tokenization; broker-dealer license obtained.

* Descending wedge breakout forming, supported by rising volume.

* Growing institutional focus on real-world assets positions ONDO as a leading Solana-based project.

* **Market Sentiment**:

* **Short-term outlook**: Bullish (technical indicators favor “buy”).

* **Fear & Greed Index**: 56 (Greed), signaling cautious optimism.

⚠️ **Risks**

* **Downside**: Breaking \$0.9167 support could lead to \$0.80.

* **Regulatory**: European MiCA compliance may affect RWA initiatives.

* **Volatility**: Only 47–53% of days close green historically; sensitive to Bitcoin swings.

💎 **Summary**

ONDO is hovering around \$1.00 with bullish technical trends and strong fundamentals in RWA. A daily close above \$1.04 could accelerate momentum toward \$1.29, while \$0.9167 remains a crucial support level. Watch today’s volume for breakout confirmation.