Centrifuge Reaches $1B TVL as Tokenized Assets Gain Ground
Centrifuge's Milestone: Centrifuge has surpassed $1 billion in total value locked (TVL), joining a select group of platforms that tokenize real-world assets (RWAs), indicating growing institutional acceptance of these assets beyond trial phases.
Expansion into Traditional Markets: Centrifuge is launching a tokenized S&P 500 fund and developing tools for both traditional asset managers and Web3-native players, aiming to broaden access to tokenized assets for retail investors through various financial platforms.
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Technical Analysis for ONDO
Technical Sentiment Analysis for Ondo (ONDO) As of , Ondo (ONDO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ONDO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ONDO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ondo (ONDO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0929 | 0.147 | 0.206 | 0.26 | 0.319 | 0.373 | 0.432 |
| Fibonacci | 0.147 | 0.191 | 0.217 | 0.26 | 0.304 | 0.33 | 0.373 |
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