Ondo Finance (ONDO) – A DeFi protocol on the Ethereum blockchain in the RWA sector (tokenization of real-world assets) based on the US dollar, treasury bonds, and other markets. The project founder is an alum of the largest bank, Goldman Sachs.
🪙 Fundamental Analysis:
🟠 Ondo collaborates with major financial companies. Among partners: Morgan Stanley, BlackRock, Ankura Trust, Clear Street, and NAV Consulting.
🟠 Open professional team. The core team consists of over 20 members from web-3 and traditional finance.
🟠 Leading partnerships and developments in the industry. ONDO has its stablecoin integrated into Solana, Injective, Mantle, and others.
🟠 The project raised over $40 million. Private rounds led by Pantera Capital with participation from Coinbase Ventures, Digital Currency Group (DCG), and others.
📈 Technical Analysis:
⚫️ Correction from the 2023 high -20%. The coin is very young, and significant corrections have not occurred.
⚫️ ONDO has formed a triangle. If it breaks downward, consider adding to the potential figure.
⚫️ Uptrend. The coin has not updated its bottom values since listing.
Accumulate the coin with three orders at 1-2% of the trading capital allocated to Spot Invest (calculated at 2%):
🟢 1st order (0.33%): 0.254 (market)
⏺ 2nd order (0.66%): 0.164 (limit)
⏺ 3rd order (1.00%): 0.101 (limit)
🪙 Take Profit:
Speculative targets:
✅ Target 1: 0.449 (+78%)
✅ Target 2: 0.666 (+162%)
Medium-term target:
✅ Target 3: 1.39 (+448%)
Long-term target:
✅ Target 4: 2.91 (+1052%)