Date: Sun, March 30, 2025 | 06:14 PM GMT
In the cryptocurrency market, when it comes to standout performer from the Real World Asset (RWA) narrative, Mantra (OM) takes the spotlight. Over the past 12 months, OM has delivered a staggering 800% rally, emerging as one of the top gainers in the RWA sector. In contrast, Ondo (ONDO) — another major token in the same narrative — has managed a relatively modest drop of 11% during the same period.
Source: Cryptorank
However, the current fractal chart comparison between OM and ONDO suggests that ONDO might be on the verge of catching up with OM’s explosive price action.
ONDO Chart Mirrors OM’s Past Price Behavior
Taking a closer look at OM’s daily chart from August 2024, we can see that OM had gone through a deep correction phase after hitting local highs. That phase was followed by a strong trend reversal, which eventually led to a massive rally — taking OM from around $0.85 all the way to an all-time high of $9.17.
Interestingly, ONDO’s current price action seems to be following a very similar path. It recently went through a healthy correction phase and is now building strong support around the $0.80 level. The current structure resembles the same type of consolidation and reversal that OM experienced before its breakout.
Additionally, the 25-Day Moving Average (MA) on ONDO’s chart is also positioned similarly to where it was for OM before its rally. These similarities point to what’s known as a fractal pattern — where price structures from the past tend to repeat in a similar way, even if not exactly.
Could ONDO Follow OM’s Explosive Path?
While no one can predict market movements with certainty, this kind of fractal setup often draws the attention of technical traders and investors. If ONDO manages to break past its immediate resistance levels, it could set off a strong upside move, just like OM did at the start of its breakout.
With RWA tokens gaining more traction in 2025, ONDO might just be the next one to shine — especially if this chart pattern continues to play out in the same way.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
