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ONDO sword points to a new high: Can it break through resistance?

2026-07-16 12:56:33
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ONDO target new high: Can it break through the resistance level?

Ondo Finance's native token ONDO is attracting widespread market attention, and its price trend suggests a possible increase. Ondo Finance is committed to realizing the trading of tokenized real-world assets within the blockchain framework and has recently rebranded it to align with its vision to strengthen the on-chain financial ecosystem.

Can ONDO break through resistance?

ONDO's current trading price is US$0.3339, with 24-hour trading volume reaching US$95.7 million, and a total market value of US$1.62 billion. The recent rise of 6.02% in the token has attracted the attention of analysts, with many speculating that its price trajectory may reverse.

Market analysis shows that ONDO's daily chart shows a downward wedge pattern, which usually indicates that a bullish reversal is imminent. The coin price is approaching the key upper boundary of this pattern, which traders believe will be the key to determining its next move.

Crypto analyst Alpha Crypto Signal pointed out that if we can successfully break through the wedge shape and obtain support tests at early resistance levels, it is expected to consolidate bullish sentiment and attract new capital inflows.

Forecasts show that if bullish momentum continues and a breakthrough is confirmed, ONDO may target the US$0.48 level. However, if this resistance level is not exceeded, a consolidation stage may be entered and investors will re-evaluate their positions.

What is the strategy behind Ondo's rebranding?

To demonstrate its commitment to improving the tokenized equity space, Ondo Finance renamed its equity business unit from Ondo Global Markets to Ondo Stocks. The move is part of a strategic focus aimed at broadening blockchain-based access to U.S. stocks.

Ondo continues to prioritize the development of liquidity in on-chain markets and bridge the gap between traditional financial services and decentralized financial frameworks. It plans to include continuous stock trading and new investment channels such as artificial intelligence and robots.

The revised platform aims to allow tokenized stocks to be used as collateral for decentralized finance (DeFi) applications, combining traditional assets with innovative financial solutions.

ONDO's current market price: US$0.3339
Trading volume in the past 24 hours: US$95.7 million
Market value: US$1.62 billion
ONDO's target resistance level: US$0.48

The overall crypto market shows a positive trend, including the rising momentum of mainstream cryptocurrencies such as Bitcoin, which also supports ONDO's recent performance. The following trading session will be crucial for its price to break through established resistance levels.

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