Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight 

While the past week showed promising upside attempts, like most top-performing altcoins, the Ondo price has struggled under broader economic pressures.

Trump’s “tariff war,” NATO tensions, and rising global bond yields have made buzzwords like “stagflation” and “recession” all too common—a cause for concern for RWA tokens like Ondo.

Recent hours do see some relief.

A bounce from $0.74, backed by a 25.27% surge in trading volume to $320 million, has sparked hopes of a “buy the dip” event, but it’s too early to confirm a sustained recovery.

Ondo Price Analysis: Is a Bottom in Sight?

Today’s rebound confirms the lower support of a descending channel that has dictated price movements throughout the decline.

While the price has bounced, the retest has yet to prove decisive, with technical indicators hanging in the balance.

The MACD line continues to trend sideways, crossing briefly above and below the signal line, while the Relative Strength Index (RSI) struggles to escape oversold conditions near 30.

Although an RSI uptrend appears to be forming, recovery to a neutral 50 remains uncertain as the bulls seem reluctant.

If bullish momentum persists, Ondo could climb to retest the channel’s upper resistance, potentially breaking out toward $1.55—a 60% gain from current levels.

Conversely, with conditions still fragile, broader economic pressures could trigger another drop, risking a further 50% decline to a bottom of $0.42.

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