ONDO coin price extends gains as other cryptocurrencies dip: here’s why

While Bitcoin and major altcoins have shown weakness, ONDO cryptocurrency has managed to extend gains.

The Ondo Finance token has gained 9% in the past 24 hours, drawing attention because it is happening during a broader market pullback.

Why Ondo Finance coin price remains bullish in a bear market

The Real-World Asset (RWA) sector remains the central driver behind the current ONDO price resilience.

Ondo Finance has built its reputation around tokenised exposure to traditional financial instruments, especially US Treasury-linked products.

More recently, market discussions have centred on a potential expansion into tokenised US stocks and exchange-traded funds, with reports suggesting the possibility of perpetual-style trading and leverage reaching up to 20x.

If implemented, this would push the protocol further into bridging traditional finance with decentralised trading infrastructure.

The narrative has strengthened demand as traders seek assets with clearer utility beyond speculative cycles.

As broader crypto sentiment weakens, capital has increasingly rotated toward RWA-focused tokens, with ONDO emerging as one of the primary beneficiaries.

ONDO price forecast: how high can the token go?

From a technical perspective, the ONDO price structure supports the current momentum.

After repeated failures to hold upward moves earlier in the year, ONDO has now formed higher lows and reclaimed the $0.40 region.

Notably, the current structure places the Ondo Finance coin in a transition phase rather than a confirmed long-term reversal.

Despite the recent recovery, the token remains more than 80% below its all-time high of $2.14, recorded in December 2024.

Over the past year, it has also declined by more than 50%, showing that the broader trend has not yet fully reversed.

In the short term, the most important level remains the resistance at $0.45. A clean break above this zone, supported by strong volume, could open the path toward $0.50.

If momentum holds and the broader crypto market stabilises, ONDO could continue its recovery driven by continued interest in real-world asset infrastructure and potential adoption of its expanding product suite.

Of importance, the cryptocurrency is still below the overbought region, seeing that the 14-day RSI is around 59.

This means that the token still has room to climb higher without the risk of a sell-off pullback.

However, this scenario still depends heavily on sustained market participation rather than isolated spikes.

On the other hand, if Bitcoin (BTC) weakens further and risk sentiment deteriorates, ONDO may struggle to maintain its current bullish pattern.

In that case, a return toward $0.3457 remains a realistic downside scenario, especially if recent buying pressure fades and liquidity rotates back into major cryptocurrencies.