ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – July 30
- ONT/USD market is now inactively hovering in the $1 median and l$0.90 ower range points.
- The ONT/USD bulls have been trying to make good swings from a baseline at the $0.90 lower range mark.
ONT/USD Medium-term Trend: Ranging
- Supply levels: $1.20, $1.30, $1.40
- Demand levels: $0.80, $0.70, $0.60
Just as being experienced until yesterday’s medium-term trading sessions, the ONT/USD market’s trend remains almost the same with today. The market is now inactively hovering in the median and lower range points.
The Bollinger Bands have shrunk to slightly enclose the market line in the lower settings of the choppy market conditions at $1 and $0.90 price levels. The 50-day SMA is a bit over the Bollinger Middle Band. The Stochastic Oscillators are consolidating around range 40.
This pair may not too long start to run into a full-fledged bearish market if it is continued being rejected mostly at $1.10 price level by bears' forces.
ONT/USD Short-term Trend: Bearish
The ONT/USD market in the short-term run, features in ranges of $1 and $0.90 price levels as at the time of writing. Yesterday’s sessions witnessed a slight downward after the pair experienced a short-lived breakout of the $1upper range line.
All the trading indicators border around the stated range price points. And, the Bollinger Middle Band and the 50-day SMA are both nearly found in the range zones. The Stochastic Oscillators now point towards the north.
Over time, the pair has been building around the $0.90 lower range mark. And, that point appears to have been serving as a baseline from where the bulls have been trying to make good swings.
Live Ontology (ONT) Price:
1 ONT/USD =$0.7693 change ~ -1.09%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.