Home Technical Analysis Ontology Price Analysis: ONT Regains its Momentum Post the Bleak Period, Reaches...

Ontology Price Analysis: ONT Regains its Momentum Post the Bleak Period, Reaches $1.37

The movement of the coin was bullish with the coin showing good growth in the early part of the day today. During the latter part of the day, prices of the coin began to fall and reached a low of $1.32. The coin did not manage to gain up its momentum, and prices were bearish till 09:18 UTC. However, while writing, the coin has bounced back and has started reflecting an upward trend, and we anticipate that the same movement will continue.

Let us look at the performance of the coin: –

Current Statistics of ONT:

  • As per 9:34 UTC today, the market cap of the coin was 677,004,212 USD.
  • Price of the coin today as per 10:02 UTC is 1.37 USD.
  • 24-hour volume is at $150,353,331
  • 494,757,215 coins are being traded in the market.
  • ROI of the coin is -47.58%.

 

Ontology Price Prediction:

Comparing the price of the ONT today at 06:58 UTC time which was $1.32 and as per 10:02 UTC where the price was $1.37, the current movement of the coin indicates an upward trend by 3%. We predict that the coin will remain more or less stable by today’s day end. The price will continue to remain around $1.37. After a period of 6 months, the prices of the coin can reach $1.8 to $2.

 

Conclusion:

Ontology’s trend suggests that this is a good time to sell the coins at hand. We advise you to hold till the day ends before you wish to invest your money in purchasing new coins. The MACD indicator also points out that the movement of the coin will be a positive one. RSI indicator shows slightly overbought phase for the Ontology coin.

Must Read

eToro Review

Established in 2007, eToro provides a unique online trading platform that connects investors and traders globally. Regulated by FCA and CySEC, eToro has received...

Alvexo Review

Established in 2014, Alvexo is appealing both to advanced and novice traders. It is regulated by CySEC and complies with MiFID. Its compliance with...

GigaFX Review

The crypto world is expanding, and more crypto exchanges are cropping up every day. The crypto exchanges are the place where you can buy,...

A Brief Summary of Bitcoin’s Lightning Network – Discussed!

By removing transactions from the fundamental blockchain, lightning network is relied upon to unblock Bitcoin and reduce related exchange fees. Transactions directed on the...

First Data and Bank of America End Their Payments Partnership

Bank of America’s payments service in collaboration with First Data had been launched for merchants who need to move money. Now, the bank wants...