📣$ONDO Update – Real‑World Asset Tokenization Surges
Price: ~$1.06 — holding strong above the $1 support level after recent regulatory clarity. Momentum stems from a key SEC meeting and 21Shares’ ETF filing, underscoring growing institutional interest in tokenizing real-world assets.
Technicals: ONDO trades above major moving averages, with RSI in healthy territory (≈62), signaling bullish but not overbought conditions. Support sits around $0.98–1.00; resistance clusters between $1.12–1.17. A sustained move above $1.15–1.17 could propel targets toward $1.30+.
Sentiment: Market sentiment is predominantly bullish, with a Fear & Greed Index reading near 70, and ~70% of recent days posting gains. This reflects steady buying and confidence in the RWA narrative.
Outlook: Short-term projections point to possible consolidation around $1.00–$1.10. However, medium to long-term forecasts see ONDO trading between $1.50–2.40 by late 2025, and potentially $4–11 by 2030, driven by ETF adoption and growing RWA infrastructure.
For traders: look for entries near $1.00 with stop loss below $0.98, and keep an eye on news flow around ETF approvals and institutional partnerships. 🚀
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