- ONT coin price action is in an uptrend of 1.2% during the intraday trading session.
- The 24-hour trading volume is at $262 million.
- ONT/BTC pair is trading positive by 3.4% at 0.00002174 BTC.
The daily technical chart of the ONT coin displays an uptrend. According to the pivot levels, the primary support level is $0.76. On the other side, if it rushes up, the resistance level to follow is $1.10. Although the chart forms a Bearish Harami candlestick pattern within the day, it is predicted that the price may remain downwards with medium reliability.
The Zig-Zag framed a top of $2.95 on May 7. After that, investors can notice a massive correction of 85%, all the way low to $0.51. Now price levels are back around the range of $1.0 this week.
The volume of (227.545K) is above the MA of 20-days (372.279K). As a result, volume is moderate in ONT, causing its price to move around the resistance zone. Investors may also mark that the volume bars on the chart are declining, which intimates that notable volatility is expected in the upcoming trading session.
The Stochastic RSI (Bearish) with a value of K-86 D-82 presents a sell signal in the coin. Investors may observe a declining slant and a negative crossover in the index. It may remain in negative territory for future trading sessions.
Ontology (ONT) Coin Loses Bullish Momentum
Today’s Ontology price is 0.981069 US dollars, and the 24-hour trading volume is 351,393,796 US dollars. The price of ONT coin has increased by 1.2% in the past 24 hours. The circulation of ONT coins is 880 million, with a total of 1 billion. In addition, the price moves around the resistance zone. The Stochastic RSI indicator shows a sell signal, and the traders have guided moderate volume. Technically, the price shows signs of minor correction. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $1.10
Support Level: $0.76