ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – July 8
- ONT/USD market has been hovering in a range around $1.40 mark.
- The ONT/USD pair traders are enjoined to look out for a buy set-up mostly.
ONT/USD Medium-term Trend: Ranging
- Resistance levels: $1.50, $1.60, $1.70
- Support levels: $1.20, $1.10, $1
ONT/USD market operations have been featuring in a range around $1.40 mark until the present. Lately, the crypto-market slightly fell after hitting a strong point where both the Bollinger Upper Band and the 50-day SMA indicator met on July 4. The market has continued to flutter around the same range spot.
Presently, the Bollinger Upper Band and the 50-day SMA indicator are found conjoined at the said range mark. The other trend-lines of both the Bollinger Middle and the Lower Bands are closer to them from the underneath. The Stochastic Oscillators have briefly crossed the hairs near under range 60.
There hasn’t been a significant signal to suggest a definite direction in the ONT/USD market. In other words, the indecision condition of the current market may allow running until the emergence of active price action.
ONT/USD Short-term Trend: Ranging
The ONT/USD price has been dominantly moving in a range around $1.40 price levels today as at the time of writing. In about a few hours, the pair managed to spring up briefly past the said mark. But, in a faintly manner, the crypto’s price couldn’t accelerate upon the short upswing to push northbound further away from the range spot.
All the trading indicators are now embodied around $1.40 and $1.35 market points. The Stochastic Oscillators have slightly crossed the hairs around range 60.
Indications have shown that both the market shakers have been countering each other at the end of range price levels mentioned in the above paragraph. However, traders are enjoined to mostly look out for a buy set-up of the market.
Live Ontology (ONT) Price:
1 ONT/USD =$0.6484 change ~ 1.98%
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