ONT Price Prediction: ONT Saw Some Gains

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ONT(Ontology) Price Outlook


ONT has finally broke up the 20-day EMA which is the first sign of recovery. RSI is still showing bullish divergence. As we stated in our last analysis, the trend line and the 50-day EMA will be the next resistance zones. Today the price has rebounded from the trend line. Traders should go bullish when the pair closes above the 50-day EMA. Above this level, a rally to $1 is probable.

In the downside, 20-day EMA will be the first support now, thereafter $0.68 level.

ontology analysis

ONG Price Outlook

ONG is in consolidation now. It is trading below the moving averages which is negative. The area between the moving averages will act as a stiff resistance. If the bulls succeed to break above it, a move to $0.25 is likely.

ong analysis

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