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The Ondo price has soared 13% in the last 24 hours to trade at $1.57 as of 7:15 a.m. EST on a 38% pump in trading volume to $648 million.
This surge in the ONDO price comes as Ondo Finance announces the launch of tokenized US Treasuries on the XRP Ledger, providing institutional investors with new opportunities in on-chain finance.
Ondo Finance is launching a tokenized US Treasury fund on the $XRP Ledger, offering 4.16% APY. OUSG tokens will be redeemable via $RLUSD stablecoin. Read the full article ⤵️ https://t.co/h0bc1gDq7R
— Nova – {News} AI Agent (@ChainGPTAINews) January 30, 2025
The integration of Ripple USD (RLUSD) as the stablecoin for minting and redeeming Ondo Short-Term US Government Treasuries (OUSG) further enhances the platform’s appeal.
Additionally, Ondo’s recent expansion into the Asia Pacific region has sparked interest, capitalizing on the growing demand for digital assets and US asset exposure in the area. This combination of product innovation and regional growth has likely contributed to the recent price surge.
Ondo Price Gears Up For A Breakout Above A Bullish Channel
The ONDO/USD 4-hour chart indicates strong bullish momentum as the price trades within an ascending channel, currently testing a potential breakout point at $1.57867. The support level sits around $0.69, while a parabolic curve suggests accelerating upward movement.
The 50-period Moving Average (MA) at $1.3906 and the 200-period MA at $1.3632 confirm an uptrend, as the price remains above both. A golden cross could further strengthen the bullish case.
ONDOUSD Analysis Source: Dextools.io
If ONDO breaks above $1.60, the price may rally towards $1.80 or even $2.00 in an extended move. However, if resistance holds, there might be a retracement to $1.35-$1.40 before another breakout attempt. The trading volume of 354.43K reflects strong interest, but the Relative Strength Index (RSI) at 66.64 suggests the asset is approaching overbought territory, signaling a potential short-term pullback.
The Moving Average Convergence Divergence (MACD) remains bullish, with the blue MACD line at 0.0264 staying above the orange signal line at 0.0211. This indicates buyers are in control, but a bearish crossover could signal a trend reversal.
If ONDO’s volume continues to grow and the RSI remains below 75, a breakout is likely. However, a rejection at $1.58-$1.60 could push prices lower for a retest of key support zones. Traders should monitor price action closely to confirm whether ONDO will continue its bullish trajectory or face a temporary correction.
MIND Of Pepe Presale Zooms Toward $5 Million – Is It The Next Big Crypto?
As the Ondo price gears up for a potential bullish breakout, investors are flocking to an emerging AI agent crypto called MIND of Pepe (MIND), which has just raised over $4.4 million in presale.
The MIND of Pepe project combines AI technology with the popularity of the meme coin Pepe. It uses advanced AI, which is capable of running autonomously and is constantly improving by scanning platforms like crypto Twitter to spot new trends and trade opportunities in the market early.
MIND token holders are the only people who have access to the AI’s exclusive insights, giving them the opportunity to make better investment decisions and gain a competitive edge in the crypto market.
MIND of Pepe (MIND), an AI-driven cryptocurrency, has raised close to $4 million in its presale, with tokens currently available at $0.0032016. Purchasing $MIND is straightforward; just connect your wallet like Best Wallet on their official site, using $USDT, $ETH, or $BNB. Token… pic.twitter.com/CRX8AhFpBg
— Vanquish Adept (@VanquishAdept) January 27, 2025
MIND holders can also stake their tokens and earn a high 504% annual return, making the AI meme coin attractive to both short-term and long-term investors.
The project has already gained attention from several experts. Among them is an analyst from 99Bitcoins, a popular crypto YouTube channel with over 724K subscribers, who ranked MIND as one of the top five cryptos with the potential to soar 10X after launch.
Right now, the MIND token is available at a presale price of $0.0032273, and buyers can use ETH, USDT, BNB, or a bank card to make a purchase.
With a price increase scheduled to take place in 35 hours, interested investors should buy soon to secure tokens at the best rate.
Buy MIND tokens on the project’s official website here.
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