XRP News Today: XRP Drops 9.5% in a Month, Ondo Finance Falls 17% Amid Bearish Trends

XRP and Ondo Finance (ONDO) have been under scrutiny following the latest market correction, with investors eager to gauge their potential for growth by 2025. XRP, the native token of the Ripple network, has faced mid-range struggles, with a nearly 9.5% drop over the past month and a 5.35% decline over the last six months. The weekly performance indicates a drop of about 5.03%, reflecting continued bearish sentiment. XRP is currently trading within a price range of $1.95 to $2.53, with the nearest resistance at around $2.88 and immediate support near $1.73. Oscillators like the Awesome Oscillator and Momentum Indicator show modest negatives, suggesting sellers dominate. Traders might find opportunities near $1.73 for potential rebounds, yet caution is advised until a clear breakout above $2.88 occurs.

Ondo Finance (ONDO) has also experienced a notable decline, with a 17% drop over the past month and a steep decline of nearly 57% over the last six months. The one-week change indicates a decrease of approximately 11.5%, reflecting a consistent downtrend. ONDO's price action remains within a range of about $0.70 to $1.05, with immediate support near $0.57 and resistance close to $1.27. Key indicators, such as momentum and oscillator measurements, linger in negative territory, with the RSI around 39. This range signals active trading, though there is no clear bullish trend. Traders may consider waiting for a breakout above $1.27 or testing the $0.57 support for potential buying opportunities while maintaining close attention to price actions and employing tight risk management strategies amid uncertain market conditions.

Despite the current bearish trends, both XRP and ONDO show potential for significant growth by 2025. The integration of tokenized treasuries on the XRP Ledger could push XRP's value to $10 by the end of 2025, according to the analyst's forecast. This development is seen as a significant catalyst for XRP's price appreciation, as it enhances the utility and adoption of the token within the financial ecosystem. Ondo Finance's launch of tokenized treasuries on the XRP Ledger is expected to reshape the landscape of tokenized securities, potentially driving demand for ONDO tokens. The Total Value Locked (TVL) in the crypto market has shown a slight increase, indicating growing interest and investment in decentralized finance (DeFi) platforms. This positive trend bodes well for ONDO, as it positions itself as a key player in the tokenized securities market.

The market's focus on these two tokens is driven by their potential to disrupt traditional financial systems and offer innovative solutions. XRP's role in cross-border payments and Ondo Finance's foray into tokenized securities highlight their strategic importance in the evolving crypto landscape. As the market continues to recover from recent corrections, investors are keeping a close eye on these tokens, hoping to capitalize on their growth potential. However, investors should remain cautious and conduct thorough research before making any investment decisions, as the crypto market is known for its volatility and unpredictability.