Launch plans for bundled tokenized equity portfolios: Can Ondo extend gains?

Traders Union
All News
Crypto
Ondo jumps 6.88% to $0.3743 today

Highlights

Ondo's perpetuals platform has processed around $9 billion in notional volume over seven weeks, indicating robust demand for tokenized asset protocols.
Ondo Stocks reached $1 billion in total value locked within eight months, with upcoming intelligent portfolios set to increase user engagement.
ONDO/USD is in a bullish structure with strong momentum, trading at $0.3743 and expected to consolidate between $0.3652 to $0.3834 over the next few days.

Active trading and inflows drive demand for tokenized assets

Ondo's perpetuals platform has processed approximately $9 billion in notional volume since launching seven weeks ago, reflecting significant demand for its tokenized asset protocols. This high early usage expands on the firm's momentum and points to active market participation across its ecosystem. The recent milestone of Ondo Stocks reaching $1 billion in total value locked within eight months, as reported by Theblock, further underscores steady inflows and adoption of tokenized equity products, while plans to introduce 'intelligent portfolios' may broaden product engagement going forward.

Momentum signals remain strong as overbought risks emerge

ONDO/USD trades above the MA-20 and MA-50 on the hourly timeframe and remains well above the MA-200 on the daily chart. Immediate Ichimoku Kijun support lies at $0.3619. MACD and ADX both display Buy signals, indicating favorable momentum, while RSI, Stochastic RSI, and CCI all signal overbought conditions. Bull/Bear Power confirms buyers have control within the session, and the Awesome Oscillator aligns with ongoing upward movement. However, oscillator extremes and volatility at range highs suggest some short-term overextension.

Price consolidation likely as volatility favors bullish bias

In the short term, ONDO/USD is expected to consolidate between $0.3652 and $0.3834 based on current technical factors and volatility. There is a very high probability of holding or exceeding these levels in the next 2-3 trading days, with a move lower seen as much less likely. A bullish breakout above the range could trigger new short-term highs, while a reversal below immediate support at $0.3619 would likely start a corrective pullback.

Anton Kharitonov, expert at Traders Union, notes that ONDO shows strong market participation both in price action and platform usage. He sees robust inflows into Ondo's tokenized products but remains watchful of technical overextension and volatility at range highs. Kharitonov stays cautious given overbought signals and the potential for a corrective pullback if immediate support fails. "Base case is consolidation within $0.3652–$0.3834, but I remain defensive until we see confirmation above range resistance or a clear reset off support."

Previously it was reported that Ondo's tokenized assets have rapidly gained traction, with executives drawing parallels to the early growth of exchange-traded funds and emphasizing the potential impact of forthcoming U.S. regulation. The latest technical setup underscores persistent bullish momentum for ONDO/USD, making a break above the $0.3834 range a key level to watch for a potential continuation of the uptrend.

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.