Ondo jumps 8.96% after fresh tokenized stock pairs debut and on-chain integration

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Ondo jumps 8.96% today to $0.2723

Highlights

Ondo Finance and MEXC launched 17 new tokenized U.S. stock trading pairs, expanding blockchain-based equity access in the ninth phase of their partnership.
The integration of Chainlink price oracles enables on-chain, real-time valuations and improved collateral management, while new trading pairs feature zero trading fees for 30 days.
ONDO trades at $0.2723 below key averages (MA-20: $0.2811, MA-50: $0.3453), with resistance at $0.2850 and support at $0.2450 amid persistent selling pressure.

Access to tokenized U.S. stocks expands as partnership drives onchain push

Ondo Finance has expanded its collaboration with cryptocurrency exchange MEXC by launching 17 new tokenized U.S. stock trading pairs, allowing users to access U.S. equities through blockchain. This ninth phase of partnership also features zero trading fees on the new pairs for 30 days. Furthermore, the integration of Chainlink price oracles supports on-chain, real-time valuations and improved collateral management, strengthening Ondo's push to bring financial markets onchain and enhance access to traditional asset classes.

Intraday price strength contrasts with bearish momentum indicators

The nearest dynamic resistance is the Ichimoku Kijun at $0.2823, with MA-20 and the Kijun forming the immediate technical ceiling and MA-50 as additional overhead resistance. Momentum signals are mixed: the MACD on D1 signals strong selling while the ADX shows a strong downward trend, yet daily price action has been notably positive with a gain of 8.96% ($0.0224) and direction up. There was no gap between the previous close and today’s open, and the current price sits near today’s intraday high, reflecting strong upward momentum after the open and moderate volatility. However, RSI, CCI, and Bull/Bear Power all indicate seller dominance, and Stochastic RSI is overbought, creating a divergence: intraday price strength is not fully confirmed by daily momentum oscillators, which caution against aggressive bullish follow-through.

Downside risk prevails as bearish signals outweigh limited upside

For the next 5 trading days, an adjusted price range of $0.2450 – $0.2850 is expected, reflecting typical volatility relative to current levels. The probability of further price increase is very low (less than 20%), while the chance of a decline is more likely, supported by broadly bearish weekly readings from Moving Averages, RSI, ADX, and MACD. Baseline scenario: ONDO moves sideways between support at $0.2450 and resistance at $0.2850. Bullish scenario: a break above $0.2850 could target higher levels, but resistance is reinforced by trend signals, while slipping below $0.2450 would confirm downside risk toward new weekly lows.

Viktoras Karapetjanc, Traders Union expert, sees Ondo’s ongoing product expansion and integration with major partners like MEXC and Chainlink as a constructive sign for long-term adoption. He believes that, despite strong technical headwinds and bearish short-term signals, recent positive intraday momentum and ecosystem growth could help build a base for recovery if broader sentiment stabilizes. The analyst notes macro and fundamental trends favor blockchain equities solutions, even as technical risks remain. "The current setup is tricky, but with institutional partnerships deepening and user access expanding, I see ONDO as a promising watch for a shift in risk appetite."

ONDO is trading higher on the day but remains under key short- and long-term moving averages, with technical indicators—including bearish MACD, negative ADX, and oversold RSI/CCI—signaling persistent downside momentum despite the intraday bounce. Immediate resistance is seen at the Ichimoku Kijun, while support lies above recent lows, suggesting range-bound trading with sellers maintaining control and limited probability of a sustained upside breakout.

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.