The post ONDO Hits Fibonacci Ceiling. The Institutions Didn’t Get the Memo. appeared on BitcoinEthereumNews.com.
ONDO sits at a critical Fibonacci zone as wave 4 resistance meets a surge of institutional RWA deals. Bull case or deeper pullback? Here is what the chart says. ONDO is trading around $0.42, wedged between two stories that do not quite agree with each other. The chart tells one version. The institutional partnership log tells another. The Chart Is Not Done Talking According to moretradingonl on X, ONDO has so far followed the preferred interpretation for a corrective rally in wave 4. The analyst noted that a decisive break above $0.598 would improve the outlook and open the door to more bullish interpretations. At the moment, the token is testing standard resistance for a wave 4 bounce. The 4-hour chart shows the current price action sitting inside a yellow resistance box between $0.37792 and $0.41519. That zone corresponds to the 38.2% and 23.6% Fibonacci retracement levels
ONDO sits at a critical Fibonacci zone as wave 4 resistance meets a surge of institutional RWA deals. Bull case or deeper pullback? Here is what the chart says. ONDO is trading around $0.42, wedged between two stories that do not quite agree with each other. The chart tells one version. The institutional partnership log […]
The post ONDO Hits Fibonacci Ceiling. The Institutions Didn’t Get the Memo. appeared first on Live Bitcoin News.
The post Weekly Tokenization Roundup: Bullish Buys Equiniti for $4.2B, Ondo Settles With JPMorgan, RWA Crosses $20B appeared on BitcoinEthereumNews.com.
This was the kind of week that does not come along often. Three separate developments landed between May 5 and May 10 that, taken together, suggest tokenized securities are moving from proof-of-concept into something closer to functioning market infrastructure. The deals were real, the counterparties were institutional, and the numbers were large. Here is what happened. Another big week for tokenization. Ondo completes the first cross-border tokenized Treasury redemption on the XRP Ledger, the Fed addresses tokenization, BlackRock files for two new onchain funds, and more. Latest tokenization news ↓ 1️⃣ Ondo, JPMorgan, Mastercard & Ripple… pic.twitter.com/76vzXLP56Y — Ondo Finance (@OndoFinance) May 10, 2026 Bullish Acquires Equiniti for $4.2 Billion On May 5, Bullish (NYSE: BLSH) announced a definitive agreement to acquire Equiniti, o
A four-firm pilot settling the first cross-border, cross-bank redemption of tokenized U.S. Treasuries on the XRP Ledger extended a rally sparked by Ondo's seat at the DTCC’s tokenization table.
