ONDO Finance is heading for the headlines in February, as the ONDO price shows enormous strength ahead of the highly anticipated Ondo Summit next week. Is ONDO crypto about to lead RWA coins in a blast-off move?
While bears had expected ONDO price to be devastated by the huge token unlock a week ago, major shifts in market fundamentals have shifted expectations as price action now sits resilient and defiant despite the wider market dip.
The fundamental strength comes after Larry Fink, CEO of Blackrock, called for tokenized treasury bonds and stocks at the WEF in Davos. ONDO—as the backbone of Blackrock’s BUIDL fund and leading tokenized securities blockchain—is perfectly poised to deliver.
Just got word who id the surprise speaker at the $Ondo Summit 🌐
Trust me just buy $Ondo it will cause mass fomo in Feb 6th 👀👀👀👀 pic.twitter.com/fVvJdxgeTJ
— Not Telling (@nottellingyou73) January 26, 2025
Smart Money is also watching for the Ondo Summit on February 7th, which is being hyped up to be one of the biggest RWA crypto stimulus events of 2025. Pack your bags—it’s about to get juicy.
This is on top of ONDO crypto’s bullish boost from Donald Trump’s US Coin Reserve idea, which could see US-based ONDO emerge as a favorite amongst RWA coin investors – as VanEck calls for a $50Bn RWA market cap.
One of my favorite tokens in my portfolio has recovered from its initial correction
As per the chart, $ONDO is currently in an accumulation zone, which is also close to its resistance area at $1.50
If it breaks above this resistance, we might see $ONDO reaching a… pic.twitter.com/Y78yjJdy2g
— LaCryptoLycus🐺 (@CryptoLycus) January 27, 2025
Meanwhile, looking at technical analysis on X, trader sentiment remains incredibly bullish as whale pressure shows huge hunger in ONDO’s accumulation zone consolidation. Let’s take a look.
ONDO Price Analysis: Ondo Finance Consolidates in Accumulation Zone – Huge Pump Coming?
With just a week to go until the massive Ondo Summit in New York, Ondo is currently trading at a market price of $1.36 (representing a 24-hour change of -0.45%).
This comes as the top RWA crypto shows remarkable strength and resilience in the face of a significant market dip – which has been stoked by pre-FOMC anxiety and drops in the US Nasdaq after DeepSeek AI spooked Nvidia investors and pumped Bittensor (TAO) price.
ONDO entered the accumulation zone on January 8, 2025, and in the weeks since, it has shown steady growth as whales continue to bid ONDO prices at these levels—even despite a $1.8Bn token unlock last week.
(ONDOUSDT)
This steady buy pressure has seen ONDO price reclaim the 20DMA (now at $1.28), fuelling a small rally out of accumulation as price action shed over-extended short interest from the unlock.
Now psyching up for a major bounce after Wednesday’s FOMC meeting, the RSI indicator shows a clear capacity for an upside move as the Ondo Summit approaches 50.
The last time ONDO showed such technical strength at this reading on the RSI was back in November when the ONDO price jumped a whopping 200% in the space of one month.
However, we should reign in expectations with a shot back up to the current short-time frame distribution zone at the top side of the ascendant trading channel, which is around $2.5 (+83% from here).
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