What to know:
- Ondo Finance surpasses $3B TVL, driven by strong institutional demand for real-world asset DeFi yields.
- ONDO holds bullish structure above key EMA levels with consistent higher lows forming steadily.
- RSI and MACD show improving bullish momentum as bearish pressure continues fading gradually.
Ondo Finance is emerging as one of the strongest performers in decentralized finance, as per the crypto analyst Immortal. While much of the broader market continues to struggle with liquidity outflows and declining yields.
The protocol recently surpassed $3 billion in total value locked, setting a new all-time high and signaling rising demand for real-world asset-based yield exposure products in the ecosystem.
Source: Immortal’s X Post
This momentum underscores a growing shift in crypto markets where real-world asset protocols are increasingly viewed as the foundational layer of sustainable yield.
By integrating traditional financial instruments such as treasuries and money market funds into blockchain infrastructure, the sector is redefining how capital flows and long-term returns are generated across decentralized finance ecosystems globally
Also Read: Is ONDO Set to Hit $0.50 After Franklin Templeton ETF Announcement?
ONDO Technical Outlook Points to Strong Recovery Ahead
After this onchain milestone, ONDO is making a comeback following a sharp decline from its previous high of $0.29500. According to TradingView, currently, the token is trading at $0.27334, and a pattern of higher lows is in place.
The token is testing the upper bound of its trading range and is receiving support from a bullish candle as it aims to test the resistance at $0.27907.
Source: TradingView
Technically, it continues to sit comfortably on top of the 20, 50, 100, and 200 EMAs, indicating good short-term momentum. Bollinger Bands are widening, suggesting increasing volatility as it continues its push upward.
Provided ONDO continues to trade above its 20-period EMA at $0.26598, it could be on its way to test its old high with increasing buying pressure and positive technical indicators.
Momentum Indicators Reinforce Upward Trajectory
The RSI level is at 57.51, which remains above the 50 mark. This indicates that the price has a moderately bullish bias without going overbought.
The recent rise in the RSI level indicates that there is more buying pressure after a period of consolidation, giving the price the much-needed boost to rise against the resistance shown in the latest candles.
Source: TradingView
The lines of the MACD are slowly closing in on the 0.003 mark. This is usually a sign of smoother sailing before a big breakout.
The histogram is slightly below the zero line by -0.00004, and the lines are slowly closing in on the baseline. In short, the old bearish momentum is quickly dissipating.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Ondo Launches Perpetual Futures Platform: Could it Push ONDO to $1.16?
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