The crypto market saw a small increase on February 19th, with Bitcoin rising 1% to surpass $9,500. Although it is too early to determine a trend reversal, the tokenized real-world asset (RWA) market has experienced significant growth, surpassing $20 billion in total value. Within this market, ONDO has shown potential for a sustained recovery due to its dominance in the RWA space and increasing demand. The ONDO coin has experienced a correction in price over the past two months, but low volume suggests weak selling pressure. On the other hand, rising volume indicates strong buying interest, and a potential double-bottom pattern on the daily chart suggests a rebound in the ONDO price of 37% by March. The key neckline resistance to challenge is $1.67.
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