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.

Timmy Murphy
Timmy Murphy
Timmy is a crypto and finance analyst. He deals with finance news-stories. He has completed his graduation in accounting and Finance. He is also a blogger and is famous for his finance blog. For any issues, feel free to contact him at email: timmy@forexnews.world

Must Read

BCH is Now Available on Crypto.com Soft Staking

Crypto.com recently made a declaration that they have added Bitcoin Cash (BCH) to Crypto.com Soft Staking, which will enable Crypto.com Exchange users to enjoy...

Moonstake Partners with Ontology to Push Staking Growth

Moonstake Pte Ltd. is collaborating with Ontology, which is a high-performance public blockchain and distributed collaboration platform headquartered in Singapore. https://twitter.com/OntologyNetwork/status/1247047336322166786Moonstake primarily aims to develop...

Binance Lending Includes TRX and LTC as New Supported Assets

Binance Lending has announced the news about the entry of two new members to the list of supported assets on Flexible Deposits, i.e., Tron...

BitTorrent Products’ Usage Scales a New High in Q1

In big achievement for BitTorrent, the usage of its products has scaled a new high. Additionally, the products of BitTorrent have also accomplished several...

Metal Pay Adds Support to Binance USD (BUSD) on Its Marketplace

San Francisco-based leading crypto-focused payment settlement network, Metal Pay, has announced the news about the addition of one of the world’s most trusted stablecoin,...