Ondo Finance (ONDO) is showing renewed strength, up more than 4% in the last 24 hours, with trading volume jumping nearly 13% following the collapse of MANTRA’s OM token. This shift in capital appears to be favoring other RWA-focused projects like ONDO, which is now gaining momentum across several technical indicators.

A golden cross has just formed on the EMA lines, while both the DMI and CMF suggest growing bullish pressure and fading selling interest. As sentiment recovers, ONDO could be gearing up for a breakout toward the $1.20 mark if key resistance levels are cleared.

ONDO DMI Chart Shows Buyers Are In Control

ONDO’s DMI (Directional Movement Index) chart shows that its ADX has declined to 28, down from 36 two days ago, indicating that the strength of the recent trend is beginning to fade.

While an ADX value above 25 still suggests a solid trend is in place, the drop reflects weakening momentum after a period of strong directional movement.

This shift could mean the market is entering a phase of consolidation or hesitation as traders reassess ONDO’s next move.

The +DI (positive directional index), which tracks upward price pressure, is currently at 25.17—up from 21.1 yesterday but still down from 31.18 two days ago.

Meanwhile, the -DI (negative directional index), which measures downward pressure, has dropped to 14.36 from 18.86 yesterday, though it remains higher than its 10.56 reading from two days ago.

This combination suggests that bullish pressure is regaining some ground in the short term, even as the overall trend strength cools off.

For ONDO, this could mean a potential recovery attempt is forming, but unless ADX stabilizes or rises again, the trend may remain fragile and susceptible to quick reversals.

ONDO CMF Is Growing After Touching -0.17

ONDO’s Chaikin Money Flow (CMF) is currently at -0.06, a sharp recovery from -0.17 just one day ago.

The CMF is a volume-based indicator that measures the buying and selling pressure of an asset over time, using both price movement and trading volume.

Values above 0 indicate net buying pressure, while values below 0 reflect net selling pressure, helping to gauge the strength of market sentiment.

Although ONDO’s CMF remains slightly negative, the rapid shift toward the zero line suggests that selling pressure has significantly weakened, and buying interest may be starting to return.

This surge could be linked to a shift in investor sentiment following the collapse of MANTRA’s OM token, as capital may be rotating to other RWA coins like ONDO.

While the current CMF still shows a cautious tone, the upward move signals improving market confidence that, if sustained, could support a further price recovery.

Will ONDO Reclaim $1.20 Soon?

ONDO’s EMA lines have just formed a golden cross, a bullish signal that often marks the beginning of a fresh upward trend.

This technical development suggests growing upward momentum, with a potential test of the $0.956 resistance level likely in the near term.

If that resistance is broken, ONDO could gain further traction and rally toward the $1.20 mark, reinforcing bullish sentiment and drawing in more buyers.

If the RWA coin fails to maintain its current momentum and the price drops below the key support at $0.82, selling pressure could intensify.

A breakdown below that level could lead to a deeper correction toward $0.73, and if that zone doesn’t hold, it may slide further to $0.66.

Story (IP) and The AI Prophecy (ACT) token saw a massive 20% crash and subsequent rebound earlier today. The exact trigger is unclear, but the pattern has been linked to high trade volumes on Binance Futures.

Despite the recovery, the sudden drops were concerning, as MANTRA’s OM token crashed 90% yesterday, and its co-founder blamed Binance.

ACT and IP, two largely unrelated token projects, saw similar patterns of crashing and rebounding at the same time. The exact trigger is unclear, but the pattern has been linked to high trade volumes on Binance Futures.

Why Did ACT and IP Suddenly Crash and Rebound?

Binance Futures is a popular trading platform launched by the world’s largest crypto exchange, and its listings can spike the prices of various assets.

Today, however, the community is left with many questions, as speculation on Binance Futures apparently caused ACT and IP to tank in price.

ACT is an AI token, and IP aims to put intellectual property on the blockchain. Both of these tokens plummeted rapidly, by 27% and 21.5%, respectively.

However, they both managed to shoot back up after, with ACT even having a net 24-hour growth of 2.5%. IP has been a top-performing asset for several months, and its sudden drop sparked fear among holders. The subsequent recovery suggested the volatility was short-term.

According to Coinglass data, over 1.27 million ACT futures trades were executed on Binance—more than double the second-highest exchange, BingX. Binance also holds over $20.4 million in ACT futures open interest.

This concentration makes Binance a critical price discovery engine. When large positions are quickly liquidated—often triggered by stop-losses, margin calls, or algorithmic trading—it can create an outsized impact on underlying token prices.

Futures markets now frequently surpass spot markets in volume and velocity. While this enhances liquidity, it also increases fragility.

A liquidation cascade—where long positions are forcefully closed due to declining prices—can accelerate downward momentum. Today’s synchronized drop in both IP and ACT suggests that excessive leverage and crowded positions may have triggered such a cascade on Binance.

These moves reaffirm that token prices, particularly for emerging or mid-cap assets, are increasingly shaped by derivatives markets. As more projects are listed on futures platforms early, volatility driven by short-term positioning rather than long-term value creation is becoming the norm.

XRP is up 22% in the past seven days, with its price reclaiming ground above the $2 mark for the first time in months. The rally has sparked renewed interest, with technical indicators flashing signs of both strength and caution.

Momentum has cooled slightly, as shown by the RSI pulling back from near-overbought levels, but the broader setup remains bullish.

XRP RSI Has Cooled After Nearing Overbought Levels

XRP’s Relative Strength Index (RSI) is currently at 60.5, marking a notable cooldown from yesterday’s 67.8.

This comes after a sharp rise from 34.7 just six days ago, indicating that XRP recently went from oversold conditions to near-overbought levels before pulling back.

The move suggests a rapid shift in momentum that may now be stabilizing, potentially reflecting short-term profit-taking after a strong rally.

The RSI is a momentum oscillator that measures the speed and change of price movements, typically on a scale of 0 to 100.

Readings below 30 are considered oversold, suggesting potential undervaluation or exhaustion in selling pressure, while readings above 70 indicate overbought conditions, often signaling a possible correction or slowdown.

With XRP’s RSI now at 60.5, it sits in a neutral-to-bullish zone.

This level may suggest that while the recent bullish momentum has cooled, there could still be room for upside if buying interest resumes — but it also means the asset is no longer in an ideal “undervalued” zone for fresh entries.

XRP Ichimoku Cloud Shows a Bullish Setup

The Ichimoku Cloud for XRP currently shows a bullish setup, with the price positioned above both the blue conversion line (Tenkan-sen) and the red base line (Kijun-sen).

This alignment indicates that short-term and medium-term momentum remains in favor of the bulls. The leading span A (green cloud boundary) is above leading span B (red cloud boundary), forming a green cloud ahead—a classic sign of a bullish trend continuation.

Moreover, the price has stayed above the cloud for several sessions, reinforcing the positive momentum.

However, the narrowing gap between the Tenkan-sen and Kijun-sen, along with the flatlining of both lines, suggests that bullish momentum may be pausing or weakening in the short term.

If the price continues to consolidate sideways while staying above the cloud, it may indicate a healthy consolidation before a potential continuation higher.

But a drop below the Kijun-sen could trigger caution, as it would suggest a shift in momentum. For now, the overall cloud structure remains supportive of a bullish bias unless a deeper pullback pushes the price back into or below the cloud.

Will XRP Rise To Test $2.50 Soon?

XRP’s EMA lines are tightening, hinting at a potential golden cross formation — a bullish signal that occurs when the short-term EMA crosses above the long-term EMA.

This setup often marks the beginning of an upward trend, especially when supported by strong volume and positive momentum.

If the Golden Cross confirms, it could act as a catalyst for the XRP price to push toward higher resistance levels. The next key area to watch is around $2.23.

A clean breakout above that level could open the path toward $2.50, as bullish traders gain confidence.

However, the momentum needs to hold. If buying pressure fades and XRP fails to sustain its climb, a pullback could occur, with $1.96 acting as the first key support to monitor.

A breakdown below this level could shift sentiment bearish in the short term, potentially dragging the price down toward $1.61.