ONDO and Chainlink Set to Capitalize on Real-World Asset Boom
ONDO and Chainlink are emerging as top candidates in the expanding real-world asset sector. Over the past month, ONDO’s price fell about 8%, trading between $0.71 and $1.14, with resistance at $1.38 and support at $0.51. Traders might look for a rebound at $0.51 as a buying signal. Conversely, Chainlink recorded 43.5% gains in the last month and 71.5% over six months, trading between $9.12 and $24.18. Its RSI of 62.8 suggests continued bullish momentum, with a break above $24.18 indicating further upside. Both tokens leverage unique real-world asset integration: ONDO offers tokenized investment stability, while Chainlink provides decentralized oracles for data services. Their technical setups could attract significant inflows, positioning them as key assets for traders tracking the real-world asset boom.
Bullish
The outlook is bullish because Chainlink’s recent 43.5% monthly surge and 71.5% six-month gain demonstrate strong upward momentum, while ONDO’s clear support at $0.51 offers a defined entry point for traders. Similar to the 2024 tokenization wave, increasing institutional interest in real-world asset tokens has historically led to rapid price appreciation. In the short term, traders may capitalize on ONDO’s support bounce and look for Chainlink to break above $24.18. Over the long term, both tokens benefit from growing demand for asset tokenization and reliable oracle services, supporting sustained market confidence and potential further inflows.