Ontology (ONT) Moves Under Heavy Market Volatility

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  • Ontology price keeps the fluctuation intact
  • The volatility in the ONT coin creates chaos among the intraday traders

The market has been under heavy pressure for quite a long time. And, from last few days, the intraday fluctuation has been skyrocketed. The intraday traders are very disappointed by the same as it puts them at hefty risk.

If we look at yesterday’s statistics of Ontology, the price was seen touching a high at $0.915275 and a low at $0.886811. The volume of the coin was marked as $155,453,518.

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Ontology Price Analysis

Yesterday, the coin started with a heavy fall of 4.20%. The counters moved from $0.912 to $0.873. The same improved and took the ONT price to $0.907 and fell again to $0.877. The similar pick and drop took place again, and the Ontology price jumped to $0.913 and slipped to $0.886. The closing hours also experience a similar movement. The coin escalated to $0.915 by 3.20% and then fell to $0.897 by 1.93%. The intraday movement in the ONT price registered a regression of 1.60%.

Today, it started the day with a slight fall of 0.42%. The price shifted from $0.897 to $893 by 0.42%. Further, the coin escalated to $0.920 by 3.03%. The currency couldn’t hold itself and fell to $0.887. Recently, the Ontology price has again picked up. The coin moved to $0.915 by 3.18%.

Ontology Price
ONT Chart By TradingView

The second month of the last quarter is about to complete the week. Ontology was at $0.86 on November 01, and today, it is at $0.91. The market cap on November 01 was at $487,755,841, and today it is at $519,375,457. The escalation amid the heavy fluctuation is evident. This is a sign of a great potential coin that might bring a colossal return in the future.

Resistance Level Price
R1 $0.918478
R2 $0.931109
R3 $0.946942
Support Level Price
R1 $0.890014
R2 $0.874181
R3 $0.86155

The traders interested in Ontology are recommended to hold their investment for a while. The coin is anticipated to give a good return, but this is not the right time for investment.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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