Price Analysis

Will the Current Dip Take ONT Below Baseline?

The price of Ontology was $0.61734641 as on October 5, 2019 and until the latter part of the day, movement of the coin was almost constant. The next day, there was a drop in the prices with ONT being traded at $0.59154045. Since then, ONT has managed to gain its efficiency and despite the falls on October 8, 2019 it managed to reach $0.67102479 the next day. At present the coin indicates a drop and the same trend is likely to continue as exhibited from the current momentum.

ONT to USD Price Analysis:

Ontology Price Chart

ONT indicates a downward trend at the moment by 4.18% when compared to the highest trading price of yesterday. As per the current movement, ONT may continue to fall to a certain extent.

As per the latest trend, potential and existing investors can use their discretion to either invest or sell. Today, the coin can be traded in the price range of $0.63205966 and $0.66994673. The MACD indicator also points that the coin is reflecting a downward trend below zero but with a bullish outlook.

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