ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – July 9
- ONT/USD market has moved very lightly down to continue to hover below $1.40 mark.
- In the short-term run of ONT/USD market, the pair may continue trying to build up its energy from a low point at $1.30.
ONT/USD Medium-term Trend: Ranging
- Supply levels: $1.50, $1.60, $1.70
- Demand levels: $1.20, $1.10, $1
ONT/USD market has been moving in a range around $1.40 mark in the medium-term run. In the recent past of the trading operations until some early part of trading hours today, the pair has been seeing making a series of weak moves at the range spot. Presently, it has moved very lightly down to continue to hover.
The Bollinger Upper Band is located at the range mark as the other trading trend-lines of the indicators move very closely underneath it. And, they point to the east. The Stochastic Oscillators now making an attempt to close at range 40.
The crypto-pair is most likely to go lower in a range moving manner to find another low point around $1.30 or $1.20 afterward. Then, the bulls may as well slowly strive to make a come-back.
ONT/USD Short-term Trend: Bearish
The short-term trading chart shows that the ONT/USD market is in a somewhat bearish condition as at the time of writing today. The crypto started off to drop after hitting a point at around $1.44 or thereabout. The market has been trading along with the Bollinger Lower Band trend-line slightly to the south. And, the 50-day SMA and the Bollinger Middle band are conjointly located over the market price. The Stochastic Oscillators now consolidate around range 40.
The pair may continue trying to build up its energy from a low point at $1.30. However, if that price line doesn’t hold back the bears’ forces, the market may not succeed in moving past a lower value at $1.20.
Live Ontology (ONT) Price:
1 ONT/USD =$1.0412 change ~ 8.86%
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