Ondo Finance (ONDO) has seen limited movement in the past 24 hours, but its impressive long-term growth of 519% over the last year continues to catch the attention of investors. As a major player in Real-World Assets (RWA), ONDO has garnered significant interest from both retail and institutional investors.

The Relative Strength Index (RSI) for ONDO is currently at a neutral level of 54.7, showing a strong recovery from oversold conditions just two days ago. This rebound indicates a renewed buying pressure, aligning with the recent surge in ONDO's performance.

Furthermore, the number of whales holding ONDO between 1,000,000 and 10,000,000 has reached an all-time high, demonstrating growing confidence in the asset among major investors. Despite a slight decrease in these holdings recently, the overall trend suggests a positive sentiment towards ONDO.

Looking ahead, ONDO's price movement will depend on whether it forms a golden cross, indicating a bullish breakout towards the $1.53 resistance level. Failure to establish an uptrend could lead to downside pressure, with the $1.25 support level being a critical point to watch for potential corrections.

As ONDO remains in a consolidation phase with closely positioned EMA lines, market momentum and investor activity will play a crucial role in determining its next significant move. Stay tuned to see if ONDO continues its bullish trend or faces a deeper correction.