Ontology is an open-source protocol that primarily focuses on the creation of decentralized identity and data. It is agile, highly scalable, and facilitates cross-chain functionality. High speed and security are other features of this network. ONT is the customized token of this ecosystem. Let us look at the technical analysis of ONT.
Performanțe anterioare
On Jul 24, 2021, ONT opened at $0.644. On Jul 30, 2021, ONT closed at $0.817. Thus, în ultima săptămână, the ONT price has increased by roughly 27%. In the last 24 hours, ONT has traded between $0.771-$0.821.
Zi înainte și mâine
Currently, ONT is trading at $0.815. The price has decreased from the day’s opening price of $0.817. Thus, the market seems bearish.
MACD și linii de semnal are positive. Moreover, a bullish crossover by the MACD line over the signal line has occurred. Thus, the overall market momentum is bullish. Hence, we can expect the price to go up.
În prezent, RSI indicator is at 56%. It faced rejection at 55% and rose to the current level. Hence, buying pressures are mounting. High buying activity will exert upward pressure on the ONT price.
Cu toate acestea, Indicator OBV has fallen steeply. Thus, selling volumes are higher than buying volumes. Hence, the price may fall further.
In short, the OBC indicator has given negative signals, while the RSI and MACD indicators have given positive signals. Thus, we can expect intermittent price pullbacks amidst an overall bullish trend. The possibility of a trend reversal cannot be ruled out too. Selling pressures cannot be ruled out in an eight-hour window.
Analiza tehnică ONT
În prezent, prețul este peste Punctul pivot Fibonacci de 0.803 USD. Prețul poate ieși în curând din primul nivel de rezistență la pivotul Fibonacci of $0.822. After that, we have to wait and watch if the price continues to rise or starts falling.
Prețul a fost testat și a crescut peste 23.6% nivel de retragere FIB de 0.809 USD. Poate izbucni din Nivel de extensie FIB de 23.6% of $0.833 as well. By day close, if the price retests and falls below these levels, the price downtrend is strong enough to sustain till tomorrow.
