ONDO Shatters Resistance: Technical Breakout Signals $0.85 Target in Sight
Forget sideways action—ONDO just ripped through key technical levels, setting the stage for a major leg up.
The Setup: A Textbook Breakout
The chart tells a clear story. After weeks of consolidation, ONDO's price action finally snapped, decisively clearing a critical resistance zone that had been capping gains. This isn't a minor blip; it's a structural shift in market sentiment, confirmed by a surge in volume that screams institutional interest, not just retail FOMO.
The Target: Mapping the Momentum
With the breakout confirmed, the path of least resistance points north. Technical projections, drawn from the recent consolidation pattern, align on a near-term target around $0.85. It's a move that would validate the breakout thesis and potentially unlock further upside—traders are now watching to see if momentum can hold as it approaches this key level.
The Bigger Picture: Real-World Assets Meet Crypto Volatility
ONDO's surge isn't happening in a vacuum. It's tapping into the white-hot narrative of real-world asset (RWA) tokenization, a sector promising to bridge trillion-dollar traditional finance markets with blockchain efficiency. Of course, in crypto, a good story often gets priced in long before the actual revenue shows up—a timeless dance of speculation and potential.
The breakout is live. The target is set. Now, we see if the bulls can bank it.
Technical Indicators Show Early Strength
The RSI reading is about 44, bouncing back from the near-over-sold regions around 30 in December. The fact that prices bounced back indicates that the selling pressure is slowing, and buyers are making a comeback. However, the RSI still holds below 50, indicating that the momentum trend continues to be neutral to bearish.
Source: TradingViewThe MACD is also giving initial signs of having positive momentum. The MACD line is now above the signal line because the MACD line is at -0.050, and the signal line is at -0.065. The histogram is also positive, around 0.014. However, it is also negative, as it is below the zero line.
ONDO Leads the RWA Economy Shift
The RWA Summer of 2025 has evolved into the RWA Economy of 2026. ONDO and Plume are now earning real yields on US Treasury and tokenized stocks. The focus has shifted from investing in speculative cryptocurrencies to hard assets that generate income.
FROM HYPE TO REVENUE.
The "RWA Summer" of 2025 has turned into the "RWA Economy" of 2026.
Projects like $ONDO and $PLUME are now generating real yield from US Treasuries and tokenized stocks.
We are moving away from speculative "ghost coins" and into assets backed by… pic.twitter.com/ccVL40AfEf
The trend is headed by ONDO with revenue-backed token offerings and PLUME, which focuses on yield opportunities within token markets. ONDO and PLUME demonstrate that there is consistency with cryptocurrency, moving away from hype-based assets and toward physical investments that bring in revenue.