Will Ondo defend the $0.40 psychological level?

Key takeaways

ONDO is down 10% within the final 24 hours and briefly dropped under the $0.40 help degree.
The coin might retest decrease help ranges as the worth motion stays bearish.

ONDO recovers after dipping under $0.40

ONDO is likely one of the worst performers among the many high 100 cryptocurrencies by market cap, because it has misplaced 10% of its worth within the final 24 hours. At press time, ONDO is buying and selling at $0.41, barely recovering from its dip under $0.40.

The bearish efficiency comes regardless of Ondo Finance asserting on Monday that it plans to combine with Solana (SOL) in early 2026 to broaden its tokenized shares and Alternate Traded Funds (ETFs) platform. 

Based on its X submit, Ondo will convey ETFs to the Solana community. Whereas this announcement alerts a bullish outlook for ONDO, the coin has underperformed during the last 24 hours. 

It’s coming.

The biggest platform for tokenized shares and ETFs is coming to @Solana in early 2026.

Wall Road liquidity meets web capital markets. pic.twitter.com/CmMFT2UTFu

— Ondo Finance (@OndoFinance) December 15, 2025

The combination is about to boost scalability, liquidity, and faucet into SOL’s fast-growing person base, broadening Ondo’s ecosystem and adoption. 

The bearish efficiency aligns with ONDO’s declining open curiosity on the Binance change, which at the moment stands at $22.32 million, near its 2025 low. The reducing open curiosity means that merchants are closing their positions, with speculative curiosity at the moment declining. 

ONDO might retest $0.34 as bears stay in management

The ONDO/USD 4-hour chart is bearish and inefficient as Ondo has misplaced 10% of its worth within the final 24 hours. 

The coin confronted a rejection on the $0.52 resistance degree final week and has misplaced 16% of its worth since then. If the downward development continues, ONDO might retest the $0.34 help degree within the close to time period.

The October 10 low of $0.24 might function one other sturdy help within the coming weeks or months. 

The Relative Power Index (RSI) on the 4-hour chart is at 32, pointing downward towards oversold situations, indicating sturdy bearish momentum. Moreover, the Transferring Common Convergence Divergence (MACD) indicator is displaying a bearish crossover, including confluence to the adverse outlook.

Nonetheless, if the bulls get better, ONDO might rally in direction of the $0.52 resistance degree as soon as once more.