Ondo slides 7.4% as bearish momentum holds below key moving averages

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Ondo Finance slips 7.42% today

Highlights

Ondo Finance launched the Ondo Bridge with LayerZero, enabling cross-chain transfer of over 100 tokenized stocks and ETFs between Ethereum and BNB Chain.
The initiative aims to address liquidity fragmentation and advances Ondo's strategic push in the tokenized real-world asset sector.
Ondo announced a forthcoming tokenized stocks and ETF trading platform on Solana, and on-chain data confirms ongoing growth in token holders and capital inflows.

Cross-chain expansion and capital inflows drive ONDO ecosystem growth

Ondo Finance has launched the Ondo Bridge in partnership with LayerZero, facilitating cross-chain transfers of over 100 tokenized stocks and ETFs between Ethereum and BNB Chain. This initiative addresses liquidity fragmentation and solidifies Ondo's expansion in the tokenized real-world asset space. Ondo also unveiled plans for a tokenized stocks and ETF trading platform on Solana, while on-chain data highlights sustained increases in token holders and capital inflows.

Oversold signals deepen as ONDO tests undefined support zones

Technical analysis shows ONDO trading well below its major moving averages (MA-20, MA-50, MA-200), continuing a bearish trend across all timeframes. The nearest dynamic resistance is at the Ichimoku Kijun level of $0.4631, but support levels are undefined due to the price position. Momentum and oscillator indicators including MACD, ADX, RSI, Stoch RSI, CCI, BBP, and the Awesome Oscillator all confirm elevated selling pressure and oversold conditions, with no sign yet of a bullish reversal. ONDO remains pinned near daily lows within a narrow, low-volatility range, reflecting sustained trader pessimism.

Downside risks predominate amid persistent volatility and weak rebounds

Over the next five trading days, ONDO is expected to fluctuate between $0.3420 and $0.4190, a volatility band relative to current levels. The probability of further declines remains above 80%, with sideways moves and limited rebound attempts comprising the baseline scenario. A bullish outlook would require a break above $0.4190 and especially through $0.4631, while loss of support at $0.3420 could lead to sharper downside as oversold signals persist.

Viktoras Karapetjanc, expert at Traders Union, sees fundamental progress at Ondo Finance as a strong positive amid recent price weakness. He believes the launch of Ondo Bridge and expansion into tokenized securities could drive institutional interest and long-term adoption. Sentiment remains negative in the short term, but capital inflows and a growing holder base provide constructive signals. Macro trends in real-world asset tokenization also favor Ondo’s positioning despite technical pressure. "If ONDO can defend above $0.3420 and reclaim $0.4190, I expect renewed bullish momentum in line with its strong fundamentals."

Last time, analysts noted that Ondo (ONDO) was trading well below its key moving averages, with technical indicators including MACD, RSI, and ADX reinforcing strong bearish momentum and elevated volatility, signaling clear seller dominance. The token is expected to consolidate sideways within the $0.3700–$0.4450 range over the next week, with downside risk prevailing unless a move above resistance occurs.

Source of Data: ONDO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.