Home News ONDO Faces Resistance At $0.15 Amid Battle With Symmetric Triangle
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ONDO Faces Resistance At $0.15 Amid Battle With Symmetric Triangle

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Key Points

  • Ondo Finance has expanded its tokenised treasuries and stock offerings through new platforms.
  • The ONDO token currently trades near $0.92, and has significant support at $0.85 with resistance at $0.15
  • Institutional partnerships and U.S. policy shifts significantly boost the asset’s long-term outlook.

ONDO token has spent most of August pushing into the tokenised assets market. Ondo is becoming one of the most essential platforms from U.S. Treasuries to tokenized equities.

This expansion could provide new growth opportunities for the ONDO token, which is consolidating after a volatile year.

Price Outlook For Ondo Finance

According to Ali Martinez, the $0.85 price level is one of the most important to watch out for. If this zone holds, the token could test resistance around $1.15 before travelling further up towards $1.25 to $1.30.

Additionally, a breakdown of support could bring it closer to $0.60 before attempting another recovery. As of writing, ONDO trades at about $0.93 and is down slightly on the day but still above its recent lows.

Source: X
Source: X

Particularly, Ali says that the cryptocurrency’s most important price level is around $1.15. A breakout could lead to a trek upwards toward $1.3.

According to the charts, ONDO currently trades inside a symmetric triangle. Also, a break above this $1.145 price level would stand as an escape from its late July highs.

It is also worth mentioning that this price level was tested twice this year, on 22 July and 14 May. Both of these led to price rejections for the asset. An eventual break above could even lead to a test of the $2 price level.

Ondo Finance’s Dominance in Tokenized Treasuries

Over the past two years, tokenized U.S. Treasuries have grown more than 6,800%. Ondo Finance and BlackRock are leading this sector. Ondo recently launched tokenized Treasuries on the Sei network, providing near-instant settlement and access to institutional and retail investors.

This move further strengthens Ondo’s role in the real-world asset (RWA) market. By focusing on U.S. Treasuries, the platform can deliver yield opportunities with lower risk compared to volatile crypto-native assets.

Ondo Finance is leading the RWA market in collaboration with Sei | Source: X
Ondo Finance is leading the RWA market in collaboration with Sei | Source: X

The company has also experimented with tokenised stocks through Ondo Global Markets. Investors can mint tokenised shares of firms like Spotify or ASML using the USDon stablecoin, then redeem them back into USDon.

Political and Regulatory Tailwinds

The political environment in the United States has been a major source of positive sentiment for Ondo. Soon after Donald Trump’s election victory late last year, the markets have become a lot more friendly for digital assets.

Trump’s administration has also launched “Project Crypto,” which is an SEC initiative that is aimed at developing a clear framework for digital asset management.

These changes matter because regulatory clarity has historically been a barrier to adoption. This said, Ondo Finance, with its Goldman Sachs background and institutional partnerships, is now better set up to benefit from these trends.

ONDO Price Trends For The Rest of The Year

The ONDO token launched at $0.22 and later climbed to a peak market cap of $5 billion in January of this year. Since then, it has stabilised between $0.72 and $1.17, and is giving investors time to reassess their entry levels.

Despite volatility earlier this year, the general trend for DeFi tokens has turned more bullish. Analysts believe ONDO has room to recover if the general market sentiment holds steady and if institutional adoption of tokenised assets continues.

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    Written by
    Haastrup Jim

    JIM Winters is a British author best known for her thrilling mystery novels. Her storytelling is heavily influenced by her background as a private investigator, bringing a unique authenticity to her work.

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