TLDR
- Ondo (ONDO) trades near $0.517 on the Oct. 12 daily chart after rebounding from about $0.32 in September.
- Support sits at $0.44-$0.45, while resistance is at $0.60-$0.61.
- Daily RSI is 60.45, while MACD remains below its signal line.
- Ondo Private Markets launched on Oct. 5, and Assetera listed more than 450 Ondo tokenized stocks and ETFs on Oct. 7.
- Analyst Ali Charts says a cup-and-handle breakout points toward $0.90.
Ondo (ONDO) is trading around $0.517 on the Oct. 12 daily chart. The token has recovered from its September lows and is holding above $0.50.
Price opened near $0.5215 on the day. It reached a high near $0.5318, dipped to about $0.5142, and then settled slightly lower.
ONDO climbed from roughly $0.32 in September to nearly $0.60 before pulling back. It still trades above a rising trendline drawn from that low.
Analyst Ali Charts said ONDO appears to have broken out of a cup-and-handle pattern that has been forming since January. Price retested the neckline near $0.46, and that level held as support. If it keeps holding, Ali Charts said the pattern points toward $0.90, nearly double the neckline price.
2/5 First is $ONDO. It appears to have broken out of a cup-and-handle that has been forming since January.
Price has now retested the neckline near $0.46, and that level held as support.
If it continues to hold, the pattern points toward $0.90, nearly double the neckline… pic.twitter.com/eN7dFw0kAa
— Ali Charts (@alicharts) October 11, 2026
Chart analysis
The daily RSI is 60.45. That shows buyers have regained control without pushing the token into overbought territory. In late September, RSI moved closer to the 70-80 range as price rose toward $0.60.
MACD is more mixed. The MACD line sits near 0.0213, below the signal line near 0.0248, and the histogram is slightly negative at about -0.0036. Momentum has improved, but the indicator has not confirmed a new upside leg.
The rising trendline points toward the $0.44-$0.46 area. That closely matches the horizontal support near $0.4394. A drop below that zone would weaken the higher-low pattern and could bring $0.40 into view.
The first level to watch is $0.50. Holding above it would keep the recovery intact and allow another attempt toward $0.55. The bigger trigger is $0.6073, where a daily close above would confirm a new higher high.
Tokenization news
The latest catalyst is Ondo Private Markets, which launched on Oct. 5. The platform offers tokenized exposure to privately held companies, starting with a pre-IPO artificial intelligence company.
Introducing Ondo Private Markets.
Tokenized exposure to industry-defining private companies, with 24/7 trading.
The first market is now live.
As leading companies stay private longer, retail investors miss out on some of the largest wealth-creation opportunities. Even with… pic.twitter.com/I87XCrVQsh
— Ondo Finance (@Ondo) October 8, 2026
Ondo plans to expand into robotics, cybersecurity, biotechnology and infrastructure.
On Oct. 7, European platform Assetera said it listed more than 450 Ondo tokenized stocks and ETFs. They are available to eligible investors across 30 EEA countries.
The instruments are backed by underlying U.S. securities held with regulated custodians.
On Sept. 21, Ondo launched in-kind conversion for institutions. Approved firms can convert stock holdings into Ondo tokenized shares or redeem them for the underlying securities.
The structure is designed to improve liquidity and tighten spreads.
Ondo has also widened its international reach. It has a partnership with Kakaopay Securities focused on Korean equities and an earlier agreement with SBI Group for Japanese equities.
Tokenized stocks have become one of the larger institutional crypto themes of 2026. Securitize, OKXICE and Nasdaq-linked infrastructure providers are among those expanding in the area.
The next test for ONDO is whether buyers can turn the current rebound into a clean break above $0.60.
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