ONTOLOGY Price Prediction Today: Daily (ONT) Value Forecast – June 25
- ONT/USD market has been in a relatively increasing mode.
- The ONT/USD market bulls appear heading northward towards strong supply levels around $1.80 and $1.90 marks.
ONT/USD Medium-term Trend: Bullish
- Supply levels: $1.90, $2, $2.10
- Demand levels: $1.40, $1.30, $1.20
Ontology has been slightly gaining an increase in valuation as paired with the US dollar over a couple of days in the medium-term market outlook. The crypto-market was trading in a range lately.
As at now, the US dollar has lost weight briefly in the market hence the reason for the present up-rise in the valuation of the cryptocurrency. The Bollinger Lower Band has moved upward to touch the trend-line of the 50-day SMA indicator from below. Price has continued to trade around the Bollinger Upper Band trend-line near $1.70 market level. The Stochastic Oscillators have closed hairs around range 60.
The ONT/USD market is expected to push northwards further in a slow-moving manner that may lead to choppy price movements around $1.70 mark.
ONT/USD Short-term Trend: Ranging
About the first eight hours of ONT/USD trading operations today, the market maintained a decent range of moving mode. But, thereafter, the crypto-market moved erratically up and down around $1.70, $1.65, $1.60, and $1.55 price levels. T
he trading indicators point towards the north to signify the possibility of seeing more ups than lows. The Stochastic Oscillators now move around ranges 60 and 40 to show that the bullish momentum hasn’t been completely lost in the market.
There’s now the probability the bulls may still push the ONT/USD price line northwards further. But, they will lack the energy to stay over the $1.70 market line for long.s
Live Ontology (ONT) Price:
1 ONT/USD =$1.0487 change ~ 8.26%
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