ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – July 22
- ONT/USD market now faces a fluctuation price move at the $1 median range mark.
- The ONT/USD market’s further movements in the direction of the south now seem not having a reliable capacity.
ONT/USD Medium-term Trend: Ranging
- Resistance levels: $1.20, $1.30, $1.40
- Support levels: $0.80, $0.70, $0.60
There have been higher lows than lower lows in the medium-term trend of ONT/USD market. Over a couple of trading days, the pair has been struggling to push up most of the times around ranges of $1.10, $1, and $0.90 price levels. Currently, the market faces a fluctuation price move at the $1 median range mark.
The indicators are all in the price range zones. The Bollinger Middle band is at the median value of the market as the 50-day SMA indicator is underneath it, but, a bit over the Bollinger Lower Band. The Stochastic Oscillators have conjoined and bent towards range 40.
There are now indications supporting the possibility of seeing northward moves in this crypto-market. But, invalidation of the bullish sentiment may occur if the bears break forcefully through $0.90 and $0.80 marks.
ONT/USD Short-term Trend: Ranging
As at the time of writing today, the ONT/USD market in the short-term run has been experiencing variant range price moves around $1.05 and $1 points. Yesterday’s sessions witnessed a decrease in value on a very smaller mote. The 50-day SMA has intercepted the Bollinger Middle Band from below. And, the price has been hovering around the interception region of the indicators. The Stochastic Oscillators have crossed and moved closer, towards range 20 pointing to the south.
The market’s further movements in the direction of the south now seem not having a reliable capacity. Therefore, traders should be cautious about going short on this crypto-trade.
Live Ontology (ONT) Price:
1 ONT/USD =$1.0332 change ~ 7.66%
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