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Ondo ($ONDO) Crypto Forecast: Down 5.3% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Ondo?

ONDO is a cryptocurrency token that experienced a significant bearish movement in the market today.

Why is Ondo going down?

ONDO crypto is down 5.3% on Jun 12, 2025 6:11

  • The bearish movement of ONDO could be attributed to profit-taking by traders following a recent bullish period.
  • The introduction of Ondo Finance's tokenized US treasury fund on the blockchain might have shifted investor focus from ONDO, leading to a negative impact on its price.
  • Despite the generally positive sentiment in the cryptocurrency market, ONDO's price behavior indicates a temporary deviation from the wider trend.

ONDO Price Chart

ONDO Technical Analysis

ONDO News

Ripple Price Prediction: XRP offers breakout signals to $3.00 backed by heightened institutional interest

Ripple (XRP) is rising marginally to trade at $2.31 at the time of writing on Wednesday, as interest in XRP-related financial products rapidly grows, with Ondo Finance, a tokenization platform, launching its flagship tokenized US treasury fund on the blockchain.

https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-bulls-aim-for-300-as-ondo-finance-launches-tokenized-us-treasuries-on-xrp-ledger-202506111630

0 News Article Image Ripple Price Prediction: XRP offers breakout signals to $3.00 backed by heightened institutional interest

Ondo Price History

20.04.2025 - ONDO Crypto was up 5.4%

  • The positive sentiment surrounding altcoins is potentially driving ONDO's bullish movement, as experts anticipate an upcoming altcoin rotation that could benefit tokens like ONDO.
  • The involvement of ONDO in the settlement of tokenized treasuries on the public blockchain by JPMorgan may have increased investor confidence in the token.
  • Discussions about ONDO in various contexts, including its potential price dynamics related to the $1 support level, could have attracted a greater number of traders to the token, contributing to its bullish trajectory.
  • The observation of crypto whales purchasing altcoins in the third week of May 2025 might have positively impacted ONDO's price, suggesting significant interest from large investors in the cryptocurrency market.

28.04.2025 - ONDO Crypto was down 5.0%

  • The bearish movement in ONDO today could be attributed to profit-taking by investors after a period of strong gains.
  • Highlights of other altcoins poised for gains and top crypto gainers may have shifted investor focus away from ONDO temporarily.
  • A surge in funding for a sports betting company to establish an Ethereum treasury may have diverted some capital that could have otherwise flowed into ONDO.
  • The prediction of a surge in crypto IPOs and a favorable regulatory tone in the US may have led investors to reallocate their investments, impacting the performance of ONDO negatively.

23.04.2025 - ONDO Crypto was down 5.1%

  • The bearish movement in ONDO today could be attributed to profit-taking by investors after a period of significant gains.
  • The focus on other top crypto gainers and potential altcoin rotation might have shifted investor interest away from ONDO temporarily.
  • The overall market sentiment towards cryptocurrency IPOs and tokenized treasuries hitting a milestone could have led to a redistribution of funds, impacting ONDO's performance.
  • Investors might be reevaluating the long-term growth potential of ONDO compared to other tokens like BNB and BlockDAG, leading to the bearish movement.

23.04.2025 - ONDO Crypto was down 6.4%

  • The recent $6.6M presale of another project might have drawn attention away from ONDO, resulting in a negative impact on its price.
  • Although ONDO was identified as a top potential gainer for 2025, the current bearish movement could be due to traders taking profits.
  • Discussions about an increase in crypto IPOs and positive regulatory developments in the US could have shifted focus from certain altcoins like ONDO.
  • The $7 billion tokenized treasuries indicating market maturity may have prompted investors to move their assets, leading to a decrease in ONDO's price.

30.04.2025 - ONDO Crypto was down 8.0%

  • The bearish movement of ONDO today could be attributed to profit-taking by investors after a period of strong gains.
  • Despite positive sentiment in the market towards ONDO, the influx of funds into other altcoins and projects may have diverted attention and capital away from ONDO, leading to a price decline.
  • Public information about SharpLink raising a significant amount in Ethereum could have shifted investor focus towards that project, causing a temporary dip in ONDO's price as traders reallocated their investments.
  • The market's anticipation of potential gains in other altcoins mentioned informally may have prompted traders to sell ONDO in favor of these alternative investment opportunities, contributing to its bearish movement.

23.04.2025 - ONDO Crypto was down 5.3%

  • The bearish movement in ONDO today could be attributed to profit-taking by investors after a period of significant price appreciation.
  • Settlement of tokenized treasuries involving ONDO on the public blockchain may have raised concerns about regulatory scrutiny and compliance issues, leading to a sell-off.
  • The mention of ONDO in discussions about long-term growth and market maturity indicates that it is being closely watched by investors, which could have contributed to the heightened volatility and price decline.
  • As the market anticipates an altcoin rotation, with potential benefits for other cryptocurrencies like ETH and XRP, investors might be reallocating their funds away from ONDO, causing the bearish movement.

19.04.2025 - ONDO Crypto was down 5.2%

  • ONDO experienced a bearish movement today, possibly due to market sentiment shifting towards altcoin rotation.
  • The upcoming support level at $1 for ONDO will be crucial in determining its next move.
  • The news about JPMorgan testing public blockchain for tokenized US Treasuries may have diverted attention from ONDO, contributing to its bearish trend.

15.04.2025 - ONDO Crypto was down 5.1%

  • ONDO's bearish movement could be attributed to profit-taking by investors after a period of significant price appreciation.
  • The news of JPMorgan Chase settling its first transaction on a public blockchain using Chainlink and ONDO may have initially boosted ONDO's price, but the market may have reacted negatively due to potential concerns about the sustainability of the token's value.
  • The increased adoption of blockchain technology by traditional financial institutions like JPMorgan could have also led to a shift in investor sentiment towards more established cryptocurrencies, causing a sell-off in ONDO.
  • Overall, while the collaboration between JPMorgan, Chainlink, and ONDO is a positive development for the cryptocurrency industry, short-term market dynamics and profit-taking behavior likely influenced ONDO's bearish movement today.

15.04.2025 - ONDO Crypto was down 5.5%

  • ONDO observed a bearish movement following the completion of a transaction by a major financial institution utilizing Chainlink and ONDO Finance on a public blockchain.
  • The successful settlement of tokenized US Treasuries by JPMorgan using ONDO might have prompted profit-taking by traders anticipating a larger price increase.
  • The market's response could be attributed to investors reevaluating the influence of established financial entities like JPMorgan exploring the cryptocurrency realm, leading to uncertainty and selling pressure on ONDO.
  • Today's downturn in ONDO's value is likely a consequence of profit-taking activities, market speculation, and a reexamination of the token's standing in the blockchain sector amidst growing institutional participation.

22.04.2025 - ONDO Crypto was up 5.1%

  • The surge in ONDO's value might be linked to the growing interest in tokenized treasuries, as indicated by the $7 billion market maturity signal.
  • JPMorgan's use of ONDO for settling tokenized treasuries on a public blockchain, in partnership with Chainlink, likely instilled confidence in investors.
  • Expectations of a shift towards alternative cryptocurrencies, with industry professionals highlighting potential advantages for tokens like ETH, XRP, and Dogecoin, may have also influenced ONDO's performance.
  • Overall, the attention on blockchain technology and the potential for sustained growth in the cryptocurrency sector may have played a part in driving ONDO's recent positive movement.

17.04.2025 - ONDO Crypto was down 5.5%

  • The bearish movement in ONDO today could be attributed to the uncertainty surrounding its $1 support level.
  • The announcement about JPMorgan testing public blockchain for tokenized US Treasuries and settling transactions using Chainlink and ONDO could have created some selling pressure on ONDO.
  • While the market sentiment for ONDO was bearish today, the highlight of "5 Trending Made in USA Coins To Watch for the Weekend" suggests that there are other opportunities in the cryptocurrency market that investors are exploring, potentially diverting attention away from ONDO.

12.05.2025 - ONDO Crypto was down 5.3%

  • The bearish movement of ONDO could be attributed to profit-taking by traders following a recent bullish period.
  • The introduction of Ondo Finance's tokenized US treasury fund on the blockchain might have shifted investor focus from ONDO, leading to a negative impact on its price.
  • Despite the generally positive sentiment in the cryptocurrency market, ONDO's price behavior indicates a temporary deviation from the wider trend.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.