**ONDO Token Price Analysis: Mixed Sentiment Amid Bearish Technical Trends**
ONDO is currently experiencing a downward price trajectory, having declined by approximately 1.38% over the past 24 hours. Despite this short-term dip, the token has posted a notable 3.1% gain over the last week, highlighting mixed sentiment among traders and investors.
At the time of writing, ONDO is trading at $0.3862. The 24-hour trading volume is $40.36 million, marking a steep 39.78% decrease in activity. ONDO’s market capitalization stands at $1.21 billion, reflecting a slight pullback of 1.39%—a moderate correction even as weekly gains remain intact.
> **Related Reading:** ONDO Shows Strong Bullish Momentum, Eyes $0.4200 Upside Target Next
**Technical Trends Signal Bearish Momentum**
From a technical perspective, ONDO has generally trended downward since reaching its 2025 high of $1.16. The weekly chart exhibits a series of lower highs and lower lows, indicating firm bearish momentum. Recent candlesticks suggest consolidation near the psychological support level at $0.50.
Fibonacci retracement levels are currently marked as follows:
– **0.236:** $1.04
– **0.382:** $0.96
– **0.500:** $0.86
– **0.618:** $0.73
– **0.786:** $0.62
– **1.618 Extension:** $0.28
A decisive move below the 0.786 retracement ($0.62) suggests that the bear trend may continue.
However, the Stochastic RSI is extremely oversold at 6.34/3.06, hinting at a possible corrective rally in the near term. The critical resistance levels for ONDO are $0.62, $0.73, and $0.86. A break above $0.62 could signal a potential relief rally. On the downside, key support lies at $0.50; a break below this level could accelerate declines toward the $0.28 extension.
**ONDO Gains Traction in Real-World Assets (RWA)**
Beyond price movement, ONDO is also gaining recognition within the Real-World Asset (RWA) space. The platform’s presence in several top crypto wallets demonstrates growing institutional interest. Investors can now gain on-chain exposure to Gold and Silver, enhancing the range of long-term investment opportunities.
While many focus on short-term price action, ONDO and its partner BlackRock are planning for the future. The RWAs backed by ONDO present robust, long-term investment options. Early adopters are well-positioned to benefit, underscoring the token’s potential as more than just a quick profit vehicle—it is increasingly seen as a means for sustainable financial growth.
**Conclusion**
Although ONDO faces present downward pressure, its weekly gains and growing role in RWAs signal underlying strength. Traders should monitor key technical levels for signs of reversal or further downside, while longer-term investors may find value in ONDO’s expanding utility in asset tokenization.
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*Disclaimer: The above analysis is for informational purposes only and does not constitute investment advice. Please conduct your own research before making financial decisions.*
https://www.tronweekly.com/ondo-real-world-assets-growth-signals-1-04/