Ondo surges 26% as BlackRock tokenization push expands

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The ONDO token surged 26.73%, driven by the expansion of BlackRock-backed portfolios and strong spot buying activity. Ondo Finance launched three Ondo Intelligent Portfolios offering diversified investment strategies developed by BlackRock, accessible directly on-chain. Spot volume jumped 276.89% during this breakout as aggressive buyers absorbed available supply. The token broke through the $0.5201 resistance level and is now targeting $0.60, though an overbought RSI at 73.24 increases vulnerability to a short-term correction. Liquidity clusters around $0.48 could attract a pullback if buyers fail to hold the $0.5201 support zone.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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