Unpacking the Surge in ONDO's Value: Insights into the BlackRock and USDY Dynamics
🚀 Strategic Alliance with BlackRock
ONDO Finance's collaboration with BlackRock through the USD Institutional Digital Liquidity Fund to back its OUSG token is a landmark in the convergence of traditional finance and decentralized finance (DeFi). This partnership not only...
After a big flash crash during Friday seeing BTC once again test the 4H 200EMA support, the altcoin market took a much bigger hit that we've seen for some time.
In these times it's always good to see how projects react to these market conditions. A strong reaction at key areas after a big pullback can show that there are big players willing to add to or make new...
.9775 is the local resistance that it needs to break
If CRYPTOCAP:BTC can hit 67.8k to 68.5k, there's a chance LSE:ONDO to shoot up straight to 1.05 to 1.12 before we retest .86 to .78 level
If you'd like a safe entry, wait for a valid retest on .86 to .78 (bullish orderblock)
The ONDO symbol has formed a bullish diametric since the beginning of its listing, which seems now to be inside the F wave of this diametric.
It is expected that the G wave will end in the red area and we will see ONDO drop towards the green box.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the...
ONDO is one of the few tokens that didn't drop during the sell-off in the last few days. That's usually a good sign, and it should be worthwhile to put this token on your watchlist. It's a token in the Real World Asset space and is backed by the likes of BlackRock and others.
my entry on this trade idea is taken from a point of interest below an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Narratives its not a trend.
The first investors who track and find the narrative and start buying tokens in this sector will make a good money, if theyll out in a right time.
In the previous bull market, it was not difficult to see the DeFi narrative. Users wanted to see decentralization in everything: exchanges, stablecoins, wallets, landing pages, etc. Later,...
Ondo/USDT is currently attempting a breakout, and if successful, a bullish move of 20-40% is expected in the short term. The trend is bullish, indicating that a breakout is likely imminent. This information is not financial advice—please conduct your own research (DYOR) before making any investment decisions.
İ count waves and we are at look like last wave.Elliot wave is really important to count after kind of impulses.i think 5 wave could be end in phase5 $1 dolar price target also market cap going to around 1.3B.Right now 800m is market cap.Trend so bullish.İ really want to add this coin for my bag but i missed this one.İm waiting retracement for long term buy green...
Real World Assets (RWA) or "real world assets" is a relatively new trend and term in crypto, in simple words meaning the tokenization of traditional financial instruments and values from the real world on any blockchain.
The concept means that you have the opportunity to tokenize any values.
A classic example of RWA is securities or real estate.
The...
Hi Tradres,
Some information about ONDO along with AXL, Coinbase, Circle (USDC) and Blackrock.
Could be a great time to accumulate before this information gets mainstream.
All the best,
S.SAri
We arrive at a support-resistance level on the ondo/usdt chart.
We have been rising since March and the price has been going up continuously for a long time. the top of the rectangle can be a good boarding point.
