Can the Rally Continue to $0.5?

ONDO price has displayed a magnificent run and gained the spotlight after a massive surge of nearly 18%, reaching an intraday high of $0.374. The move was followed by an announcement of its partnership with DTCC Tokenised Entitlements, which is believed to bridge traditional finance with blockchain technology. The announcement sparked strong buying interest, with investors viewing the development as a positive step for Ondo’s long-term growth and the broader real-world asset (RWA) market. 

As bullish momentum lifted ONDO to multi-week highs, traders are now watching whether the rally momentum could push the price beyond $0.5.

Ondo’s DTCC Collaboration Marks a Milestone for Tokenized Securities

Ondo Finance has introduced the first tokenized stock representations based on DTC Tokenized Entitlementsgenerated through the DTCC Tokenization Service. The launch marks an important step in bringing traditional financial assets on-chain while leveraging infrastructure trusted by institutional investors.

The Depository Trust & Clearing Corporation (DTCC) plays a critical role in the U.S. financial system by providing clearing, settlement, and custody services for securities. By building on DTCC’s Tokenization Service, Ondo is demonstrating how blockchain-based assets can integrate with existing market infrastructure instead of operating as standalone digital products.

The development also reinforces Ondo’s growing presence in the real-world asset (RWA) sector, one of the fastest-growing segments of the crypto industry. As financial institutions increasingly explore tokenized securities, partnerships with established market infrastructure providers could accelerate adoption and improve confidence among institutional participants.

ONDO Price Analysis: Breakout Signals Renewed Bullish Momentum

ONDO has regained bullish momentum after breaking above a descending trendline that had capped its price action since early June. The breakout follows the DTCC announcement and is supported by a sharp increase in trading volume, suggesting strong buying interest rather than a short-lived reaction to the news. Adding to the bullish outlook, the Cumulative Volume Delta (CVD) recorded a significant spike, indicating that aggressive buyers dominated the session and drove the rally higher. 

This buying pressure has helped ONDO reclaim the $0.36-$0.37 region, shifting short-term sentiment in favor of the bulls.

The Volume Profile further reinforces the importance of this zone. The Point of Control (POC)—the price level with the highest traded volume during the selected period—is located around $0.36-$0.37. Holding above this high-volume node would indicate that the market is accepting higher prices, increasing the likelihood of a continued move toward the next major resistance around $0.45-$0.46.

However, if ONDO fails to maintain this level, the breakout could lose momentum, with the token likely to retest support near $0.34 before buyers attempt another advance.

Key Price Levels to Watch

• Immediate Support: $0.34 – Holding above this level would keep the short-term bullish momentum intact.

• Key Acceptance Zone (POC): $0.36–$0.37 – The Point of Control (highest traded volume area); sustained trading above this zone would reinforce the bullish outlook.

• Major Resistance: $0.45–$0.46 – A decisive breakout above this supply zone could open the door for further upside.

• Strong Support: $0.30 – A critical demand zone where buyers may step in if the breakout loses momentum.

Will ONDO Price Reach $0.50?

ONDO’s partnership with DTCC has significantly boosted investor sentiment, triggering a breakout above its descending trendline and an 18% price rally. From a technical perspective, the bullish momentum remains intact as long as the token holds above the $0.36-$0.37 support zone. A sustained move above the $0.45-$0.46 resistance could pave the way for a test of the $0.50 psychological level in the near term. However, failure to hold above the key support may lead to a short-term pullback before the next attempt higher.

Story Ends Here

Read the Next News