ONDO: DTCC Partnership Drives 18% Daily Gain
ONDO jumps 18% to $0.37 on DTCC partnership as 4h chart shows bullish EMA structure and MACD golden cross targeting $0.40.
SourceAnalysis
ONDO rallied 18% after Michaël van de Poppe highlighted a major DTCC partnership, with price holding the $0.37 level and momentum building toward the 21-day and 50-day moving averages.
Over the past six months ONDO has consolidated above the $0.30 zone while institutions increased exposure; the latest DTCC tie-up adds regulatory-grade infrastructure that historically precedes further upside in tokenized-asset plays. With price testing upper Bollinger resistance at $0.35 while RSI sits at 67.76 and MACD prints a golden cross, a measured pullback to the EMA50 support at $0.33 remains the highest-probability path before continuation toward $0.40. Traders tracking ONDO price prediction models now watch for sustained closes above the $0.35 resistance to confirm the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast