The Ondo Prize has experienced a historic week and it managed to maintain near the $ 1 bar despite a slight withdrawal. This optimism has gone through a series of regulatory and institutional developments that have raised feeling on a market scale, even benefiting from Ondo Finance’s market capitalization. From now on, technical indicators and experts suggest that the Ondo USD price could be set up for an important decision.
Regulatory clarity increases the market feeling for the Ondo price
One of the recent recent primary catalysts has been highlighted by Ondo official X account which noted that alongside several altcoins, the Ondo Price prices structure today and in the past seemed strong because the Commodity Futures Futures Trading Commission (CFTC) has launched its “Sprint crypto” initiative.
This program aims to implement the recommendations of the digital asset market, its first major step providing clear guidelines to register Crypto Spot contracts on the term exchanges recorded by CFTC.
Such regulatory clarity has strengthened optimism this week and further strengthens investor confidence for the future of the cryptography sector as a whole, because it reduces uncertainty and provides a framework for institutional participation.
Trump’s ocea improves the retirement plan with the crypto, adds to the case
Beyond the regulations, Trump signs an executive decree (EO) expanding access to 401K cryptography. The EO of the White House aims to extend and democratize access to alternative assets such as cryptocurrencies as opportunities for their retirement plan, potentially expanding the investor base.
This initiative is a daring step because more than 90 million Americans participate in employers’ retirement plans but do not have access to the crypto. Now that this EO has been signed, this could increase the demand for crypto of all kinds.
Meanwhile, traditional banks like the BBVA of the Spanish bank have announced that it would provide customers from the Binance with a custody of off-exchange assets, allowing them to hold funds in US Treasury bills as a guarantee for transactions.
In addition, JPMorgan, HQLA-X and Owera have launched a transfer repository solution which has already facilitated $ 5 billion in transactions during its first month.
Overall, it was the main bruise factors last week that pushed Ondo finance and other asset prices.
The Ondo price table shows the double background formation
On the technical level, the Ondo prices table reveals a model of lower doubles for manuals formed at the bottom of April and June.
Now, this scheme indicates that the weakening of the bearish pressure and strengthening the bullish momentum as investors accumulate it.
Now, the Ondo / USD graph suggests that its price is progressing towards the neckline, in order to unravel, the Ondo financing price forecasts suggest a possible rally in the coming weeks.
At the time of writing the editorial staff, the Ondo USD price is negotiated at $ 1.00, showing a slight decrease of 3% after last week’s overvoltage. This light withdrawal seems healthy as long as the price remains greater than the 200 -day EMA.
A ventilation lower than this key support would invalidate the increased configuration, with potential decrease targets to $ 0.85 and $ 0.75.
What awaits us for finance Ondo
Given the combination of regulatory support, institutional participation and technical force, the prediction of Ondo financing prices remains carefully optimistic.
But maintaining your moment of price higher than key support levels is extremely important to maintain upward perspectives.
