Price Analysis

Ontology Price Analysis: ONT Falls At $1.48, Will It Continue To Fall Or Show Recovery

Today, at 1.57 UTC till 3:23 UTC, the price of the Ontology coin saw a sharp fall with prices being bearish till the said time. Prices had reached around $1.46. However, now the coin has picked up its momentum and is slowly beginning to remain stable. During the latter part of the day, we predict that the price of the coin will begin to show positive trends and may reach above $1.5 by tomorrow.

Let us analyze the performance of the coin: –

Ontology Price Chart - 29 June
Ontology Price Chart

Current Statistics of ONT:

  • As per 2:45 UTC today, Market Cap of the coin was 732,640,239 USD.
  • Price of the ONT coin today as per 03:35 UTC is 1.48 USD.
  • 24-hour volume is 193,897,149 USD
  • 494,757,215 coins are currently in circulation.
  • The present ROI of the coin is -43.48%.

Ontology Price Prediction:

The price of the coin today at 00:19 UTC time had reached a high of $1.55. If we compare the price of the coin as per present figures, the coin is reflecting a bearish trend by a meager 4%. The price of the ONT coin will reach above $1.5 by tomorrow as it will pick up the further pace from today. After a period of one year, the coin may reach around $2.5.

As per the Chaikin money flow indicator, the present movement of the coin is bearish. However, this may seem like a temporary phase. This is the best time to invest in the new coins and retain the same for the long term, and it will prove to be a good investment option. Observing the price of the coin, the next resistance levels, i.e., R1, R2, and R3, may be seen at $1.67, $1.81 and $1.99 respectively.

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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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