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Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight

Ondo has been in free fall since mid-December, nearing pre-election lows with a staggering 60% decline—a move that has left speculators questioning its staying power.

Junior Content Creator

Harvey Hunter

Junior Content Creator

Harvey Hunter

About Author

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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Last updated:

March 10, 2025

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Should Investors Be Worried? ONDO Price Plummets 60% with No Floor in Sight

While the past week showed promising upside attempts, like most top-performing altcoins, the Ondo price has struggled under broader economic pressures.

Trump’s “tariff war,” NATO tensions, and rising global bond yields have made buzzwords like “stagflation” and “recession” all too common—a cause for concern for RWA tokens like Ondo.

Recent hours do see some relief.

A bounce from $0.74, backed by a 25.27% surge in trading volume to $320 million, has sparked hopes of a “buy the dip” event, but it’s too early to confirm a sustained recovery.

Ondo Price Analysis: Is a Bottom in Sight?

Today’s rebound confirms the lower support of a descending channel that has dictated price movements throughout the decline.

ONDO / USDT 1D chart, descending channel. Source: Binance.

While the price has bounced, the retest has yet to prove decisive, with technical indicators hanging in the balance.

The MACD line continues to trend sideways, crossing briefly above and below the signal line, while the Relative Strength Index (RSI) struggles to escape oversold conditions near 30.

Although an RSI uptrend appears to be forming, recovery to a neutral 50 remains uncertain as the bulls seem reluctant.

If bullish momentum persists, Ondo could climb to retest the channel’s upper resistance, potentially breaking out toward $1.55—a 60% gain from current levels.

Conversely, with conditions still fragile, broader economic pressures could trigger another drop, risking a further 50% decline to a bottom of $0.42.

This ICO Helps Hedge Against Altcoin Declines

Any trader hedging their risk likely features Bitcoin (BTC) as a major part of their portfolio, especially as the altcoin market continues to fall.

While Bitcoin provides stable gains, it often sacrifices upside potential—that’s where Bitcoin Bull (BTCBULL) comes in, offering a fresh way to capitalize on BTC tailwinds.

True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model.

The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter.

With some analysts forecasting BTC highs of $250,000 this cycle, BTCBULL could become a Bitcoin Maxi’s best friend.

With almost $3.5 million raised in its initial weeks, the project is already gaining strong momentum—potentially credited to its 123% APY on staking that rewards early investors.