Hashed Secures Regulatory Approval from Abu Dhabi Global Market
- Regulatory Approval: South Korea-based crypto venture firm Hashed has secured regulatory approval from Abu Dhabi Global Market (ADGM), allowing it to operate as an investment advisor, asset manager, and fund operator, thereby enhancing its operational capabilities in the region.
- Capital Connection: Hashed stated that this license will facilitate connections between Middle Eastern institutional capital and global founders and markets, promoting investment flows and expanding partnerships between the UAE and South Korea.
- Market Attractiveness: Interest in Abu Dhabi's financial hub is rising as global crypto firms seek regulatory clarity, with ADGM operating as a special economic zone that attracts companies looking to scale within a structured environment.
- Industry Trend: Recent approvals granted to firms like Binance, Circle, and Tether indicate a trend of major players entering the jurisdiction under regulated frameworks, highlighting the rapid development of the financial ecosystem in the region.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ONDO
Technical Sentiment Analysis for Ondo (ONDO). As of , Ondo (ONDO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 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 crypto.
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 | 0.229 | 0.241 | 0.252 | 0.263 | 0.275 | 0.286 | 0.297 |
| Fibonacci | 0.241 | 0.249 | 0.255 | 0.263 | 0.272 | 0.277 | 0.286 |
About ONDO
About the author
