đ Market Overview
Current Price: Approximately $0.91, up ~4.6% over the last 24 hours .
24âHour Volume: High liquidity, ranging between $135Mâ$267M .
Market Cap: Around $2.8âŻââŻ$2.9B, ranking in the top 40 globally .
đ§ Technical Sentiment
Neutral Technical Rating Today: TradingView labels ONDO as "neutral," with short-term indicators mixed; weekly/monthly trend leans to âsellâ .
Consolidation Patterns: Mixed signalsâCCN notes indecision, with a range between $0.78â$0.91; a move above $0.91 targets $1.15, while a drop below $0.78 could slide toward $0.52 .
đ Price Patterns & Analyst Insight
Inverse Cup & Handle (Bearish): A recent formation broke below necklineâCCN warns of potential drop to $0.50, barring recovery above ~$1.13 .
Bullish Channel on CoinDesk: ONDO recently bounced from ~$0.755 support after a partnership announcement, climbing ~1.5% in late June .
Whale Accumulation Alert: Mid-tier crypto whales have collectively bought ~3 million ONDO in July, indicating bullish conviction .
Global Markets Alliance: Announced midâJune, expanding tokenized U.S. securities and drawing renewed interest .
Oasis Pro Acquisition: Early July deal to acquire an SECâregulated broker, aiming to accelerate ONDO's realâworld asset platformâprice temporarily dipped ~3% after .
Scenario Target Range Conditions
Bullish $1.13 â $1.50+ Break above $0.91â$0.92 with sustained volume, continued whale inflows, RWA adoption
Bearish $0.78 â $0.50 Failure at resistance, drop below support, negative macro or crypto sentiment
Short-Term: Sideways to bullish bias if whales continue accumulation and RWA momentum holds.
Mid-Term: Pivotal near-term levels: $0.91â$0.92 resistance, $0.78 support. Breaking either could dictate a big move.
1. Price around $0.91â$0.92 â key resistance test.