Will 24/7 instant minting spark further gains for Ondo? Key range in focus

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Ondo jumps 8.25% today to $0.34

Highlights

Ondo Finance has enabled 24/7 instant minting and redemption of tokenized US stocks and ETFs across multiple blockchains, boosting investor flexibility.
This expansion is expected to attract digital asset investors, drive ecosystem liquidity, and support demand for Ondo’s offerings.
ONDO/USD shows strong bullish momentum with key support at $0.3181 and is forecast to consolidate within $0.3134–$0.3472 over the next 2–3 days, with overbought indicators suggesting possible short-term pullback.

Liquidity and participation rise as Ondo expands instant tokenized asset access

Ondo Finance has begun offering 24/7 instant minting and redemption for tokenized US stocks and ETFs across Ethereum, BNB Chain, and Solana, according to 99bitcoins. This product launch increases transactional flexibility and broadens access for digital asset investors, creating new avenues for participation and likely contributing to increased liquidity within Ondo's ecosystem. The expanded infrastructure enhances the appeal of Ondo’s tokenized offerings, supporting demand and contributing to positive investor sentiment.

Overbought signals emerge as buyers dominate above key technical levels

On the H1 timeframe, ONDO/USD is positioned above the 20-period and 50-period moving averages, and also remains above the 200-period moving average on the daily chart. Key technical support is established at the Ichimoku Kijun level of $0.3181. Among momentum indicators, the Moving Average Convergence Divergence (MACD) and Average Directional Index (ADX) are registering a Buy mode, while the Relative Strength Index (RSI), Stochastic RSI, and Commodity Channel Index (CCI) are all signaling overbought conditions. Bull/Bear Power indicates buyers are dominating intraday momentum, while the Awesome Oscillator is neutral and does not currently reinforce the prevailing trend.

High breakout odds as consolidation persists within volatility range

Over the next two to three trading days, ONDO/USD is expected to consolidate within a typical volatility range of $0.3134 to $0.3472. The probability of an upward breakout is very high, while a decline below immediate support is much less likely. The baseline scenario calls for continued consolidation within the forecast range, with a bullish scenario involving a breakout above resistance and further upside, and a bearish scenario involving a drop below support that could trigger a short-term retracement.

Anton Kharitonov, expert at Traders Union, sees current ONDO price strength as supported mainly by positive sentiment around the 24/7 minting and redemption launch. Technically, ONDO is trading above important moving averages, but a cluster of overbought signals points to possible exhaustion near resistance. The analyst remains cautious as bullish momentum may stall if price fails to hold above $0.3181. "Base case is a sideways range, and unless ONDO breaks out cleanly above $0.3472, I remain defensive in my outlook."

Earlier, analysts noted that surging adoption and infrastructure growth have positioned Ondo as a leader in the expanding tokenized asset market. The recent introduction of 24/7 instant minting and redemption further amplifies Ondo's ecosystem strength, making sustained upward momentum likely if key support at $0.3181 holds.

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.