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Can ONDO break major resistance levels and reach the $0.848 target?

Can ONDO break major resistance levels and reach the $0.848 target?

2025-11-29

ondo

  • ONDO shows mild recovery amid a persistent bearish trend.
  • Key resistance levels limit immediate upward movement.
  • Momentum indicators hint at early bullish signals forming.
  • Ondo Finance expands tokenized U.S. stocks to Europe.

ONDO’s price at $0.5136 reflects a mild recovery after an extended downtrend, but the market structure remains bearish. Price continues trading below every major moving average, showing persistent downside pressure.

Although the recent rebound hints at improving momentum, it has not yet cleared important resistance. This means the current movement is corrective rather than a confirmed bullish reversal, keeping caution warranted.

Bollinger Bands show the token lifting from the lower band, signaling relief from oversold conditions. Still, the $0.5445 mid-band and 20-day SMA act as immediate resistance. Above them lie additional barriers at $0.567, $0.575, and $0.645. Until the token closes decisively above these levels, upside remains limited. Failure to break resistance could quickly restore selling pressure as the broader trend stays negative.

Source: TradingView

All key targets include upside levels at $0.5445, $0.567, $0.575, $0.645, $0.797, and $0.848. On the downside, supports and downside targets sit at $0.500, $0.475, and $0.4216. A rejection near $0.52–$0.54 may trigger declines toward these supports, while a strong break above $0.5445 could open a path toward higher targets and potential trend improvement.

Also Read: Ondo Finance (ONDO) Eyes Key Reversal Zone With Potential to Reach $2

Momentum Indicators Signal Tentative Strength

The RSI sits around 38, showing weak momentum and mild bearish pressure without entering oversold territory. It appears that the momentum among sellers has been waning, but market control has not been gained by the buyers yet. It tends to show that there could be consolidation before reversal at this level.

Source: TradingView

The MACD has moved above the signal line, with the histogram turning green to signify early signs of bullish momentum. Although still recovering from a stronger bearish trend, this indicator tends to precede improvements in stock value or market trend at times when this happens.

Ondo Finance Expands Global Offerings

Ondo Finance is expanding its offerings by providing tokenized U.S. stocks and ETFs to investors across Europe. The initiative not only reaches beyond any pilot but marks a major step towards integrating US capital markets entirely into blockchain. European investors can now trade leading US assets with blockchain speed and transparency.

Real-world assets (RWAs) are taking over the digital finance landscape. Ondo Finance’s global expansion initiative draws attention to how traditional markets are gradually blending with decentralized platforms. Ondo’s move offers global investors direct access to invest in US stocks using blockchain technology for security and speed benefits associated with blockchain networks.

Also Read: Ondo Finance (ONDO) Steady Growth, Long-Term Target Set at $1.18

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