ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – July 29
- The ONT/USD market in the medium-term run shows a continuation of range trading operations.
- The ONT/USD short-term trend has come up with a setting for a bearish market to thrive mostly.
ONT/USD Medium-term Trend: Ranging
- Resistance levels: $1.20, $1.30, $1.40
- Support levels: $0.80, $0.70, $0.60
ONT/USD trade has continued to move around ranges of $1.10, $1, and $0.90 price levels in the medium-term run. There was a notable increase in the valuation of the US dollar while the crypto got resisted at the $1.10 upper range mark on July 27.
Just as being in the past, the Bollinger Bands and the 50-day SMA trading indicators are all aligned with the market’s east direction trend to substantiate the ranging condition presently. The Stochastic Oscillators are seemingly attempting to close the hairs near below range 40.
This crypto’s critical point to seeing more variant rises is at its upper range mark of the $1.10. Like wisely, the market’s pivotal line to the downward moves is at the $0.90 mark.
ONT/USD Short-term Trend: Bearish
The ONT/USD short-term market has recorded a rise in valuation initially today before losing out the northward momentum around $1.02 level. The pair’s yesterday sessions saw a chain of choppy market movements around $1 and $0.95 price levels.
The 50-day SMA is maintaining a slant bend towards the south in an interception of trend-line of the Bollinger Middle band. The Stochastic Oscillators point south-east below range 60.
The bears have appeared to reinforce their stance below the market’s value of $1.05 in this crypto-market. Meanwhile, the market's downward force may not in a near time see beyond a low at $0.90 mark.
Live Ontology (ONT) Price:
1 ONT/USD =$0.6365 change ~ -8.85%
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