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ONT coin Price Analysis: SMA-20 is above the other two SMA’s

  • ONT has Tx count of 16,158,904
  • The coin has latest blocks formation of 12,726,445
  • RSI for ONT shows the BUY action.
Tradingview

The token has been forming the pattern of three inside down. ONT sank by 3.56% on Friday. Following a 5.64% loss on Thursday, ONT ended the day at 1.07. The last known price of this coin is 1.0733 to 9.99% gain compared to yesterday. 

A mixed start for the day saw ONT fall to an early morning intraday low of $1.0454 (Till time) and it is expected to sink more and mark an intraday low.

It has the current trading volume(s) of 190,097,242 with a gain of 22.52% over the last 24 hours. The trading volume has gone through a 10% change nearly in it since yesterday. 

ONT has the addresses of 122,427 holders with the active address(es) of 429 in the last 24 hours. The circulating supply of tokens is 878,027,426 ONT coins and a max. supply of 1,000,000,000 ONT coins.

SMA-20, SMA-50 and SMA-200

The chart above shows the movement of ONT where 20 SMA have been running above the other two SMA’s (SMA-200 and SMA-50). We see the token with respect to SMA’s which are 20, 50 and 200. We see that candles are moving up from $1.0611 and might settle by providing returns to nearly 24% if long now.  

An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 69.450 and marks the buy action. MA-5, MA-10 and MA-20 show the buy action and MA-50 and MA-100 show the buy action. However, the ONT at present is all set to buy for intraday trading.

Daily Trade Amount

The bull/bear power has the value of 0.0312 and shows the buy action. The high/low marks the buy action with the value of 0.0220.

The ONT-BTC pair is trailing at the level of 0.00002621 and the gain of 3.16% was seen whereas the ONT-ETH pair is at 0.0003263 and the gain of 3.55% was seen in the last 24 hours. The volume/market cap of the token is 0.2011 and its market dominance is 0.05%.

Conclusion: 

All the three SMA’s are placed parallel to each other and such conditions represent that profits might come in the coming time. So, if one wants to enter ONT then long now. However, the token does not show a hike early but it is expected to show anytime in near future.

The days range for the coin is 1.0485-1.0893 and presently is at 1.098. The 24 hours high and low of the coin is 1.09 and 0.9771 respectively.

The ONT ATH is 10.00 and ATL is 0.225. 

ONT ROI (approximate return on investment if purchased at the time of launch) is -59.2%. This is just an assumption. Long the token by the decision of your own thoughts.

Technical Instruments:

Pivot: 1.0637

R-1: 1.0692

R-2: 1.0725

S-1: 1.0582

S-2: 1.0549

Note:

  • The unit is USD
  • SMA-20: Green colour
  • SMA-50: Red colour
  • SMA-200: Blue colour
Categories: News
Antonio K Smith: Antonio is a travel photographer by profession and came across the Crypto world during his profession. Since then his love, knowledge and interest towards the technology have increased. He brings his passion to create in his articles.