ONDO Price Hits $1 After CEO’s SEC Meeting on April 25 Over Tokenized Securities

    ONDO jumps past $1 after ONDO CEO meets SEC Crypto Task Force to discuss regulation of tokenized U.S. securities.

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    Updated Apr 25, 2025 10:10 AM GMT+0
    ONDO Price Hits $1 After CEO’s SEC Meeting on April 25 Over Tokenized Securities

    On April 25, 2025, ONDO price soared above $1 following a meeting between ONDO Finance CEO Nathan Allman and the U.S. SEC Crypto Task Force. The discussion focused on establishing a regulatory framework for tokenized publicly traded U.S. Securities. Furthermore, the meeting aligns with the SEC’s ongoing effort to shape crypto regulations and engage industry leaders. Within a few hours, ONDO price rose 7.5%, pushing its market cap to $3 billion for the first time in the past 50 days. 

    Further, with figures like Donald Trump recently weighing in on crypto policy, the spotlight on regulatory clarity is intensifying, potentially benefiting projects like ONDO Finance. This signals a strong investor’s optimism in the crypto market. Let’s briefly analyze ONDO price movement for the last 24 hours to understand how it performed.

    ONDO Climbs Above $1 – April 24, 2025

    On April 24, 2025, ONDO trading day began with a brief fall, demonstrating a strong bearish trend. During the early trading session, ONDO started the day with a brief fall. Substantially at 04:40 UTC, ONDO encountered an RSI Oversold situation, indicating a potential trend reversal. Likely, at 04:50 UTC, ONDO found support at $0.8770 and experienced an uptrend. At 07:30 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. Likely, ONDO resisted at $0.8930 and experienced a brief fall. At 08:55 UTC, ONDO found support at $0.8660 and began to move up. 

    Chart – 1, Analyzed by Buvaneswari_L, published on TradingView, April 25, 2025

    At 13:55 UTC, ONDO price movement spiked and continued to move up. A Golden Cross on MACD at 13:55 UTC affirmed this uptrend. Substantially, at 14:05 UTC, ONDO encountered an RSI Overbought situation, indicating a potential trend reversal. Likely, at 15:40 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. As expected, ONDO resisted at $1.0441 and experienced a sharp decline. A Death Cross on MACD at 15:55 UTC reaffirmed this downtrend. In midday, at 17:55 UTC, ONDO found support at $0.9650 and began to experience an uptrend. A Golden Cross on MACD at 18:30 UTC asserted this uptrend.

    Conversely, at 20:30 UTC, ONDO resisted at $0.9874, began to fall, and dropped to $0.9616. At 22:55 UTC, ONDO found support at $0.9616, experienced an uptrend, and closed at $0.9792.

    ONDO Sustains Above $1 – April 25, 2025

    As illustrated in Chart 1, on April 25, 2025, ONDO trading day kicked off with a brief fall, demonstrating a bearish sentiment. But at 00:55 UTC, ONDO found support at $0.9636 and experienced a short-term rise. At midday, at 02:05 UTC, ONDO resisted at $0.9765 and experienced a short-term decline. Subsequently, at 02:55 UTC, ONDO encountered an RSI Oversold situation, indicating a potential trend reversal. Likely, at 03:00 UTC, ONDO found support at $0.9450 and began to move up. A Golden Cross on MACD at 03:45 UTC affirmed this uptrend. 

    ONDO’s Next Move – Bullish or Bearish Sentiment?

    On April 25, 2025, ONDO price movement is projected to a dynamic price action between the key levels. If ONDO continues to rise on the upside, it could break the key resistance at $1.0441 and reach a new high, suggesting a bullish sentiment. If ONDO fails to break the key resistance, it could fall back, break the key support at $0.9450, and experience a steep decline. But, after the ONDO Finance CEO met with the U.S. SEC to discuss shaping crypto regulations, ONDO investment gained more investors’ confidence. Further, Donald Trump’s ongoing focus on crypto policy intensifies the call for clear regulations, giving Ondo Finance a strong edge.

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