Ontology maintains the 1% loss it showed yesterday. What will the upcoming sessions show? Ontology ONT coin technical analysis, comments, prices and expectations in the short and long term
October 24, Ontology technical analysis
Especially Contrary to the bullish trend that started with the Paypal announcement and has been going on for the past few days, Ontology [ONT] coin has witnessed some bearish movements.
Bollinger bands were showing an increase in volatilitylevels. It is clear that this situation is interpreted as bearish fluctuations. The price was also seen moving along the lower bands accordingly on October 23.
Also, the MACD indicator also fell below the signal line and the outlook was bearish.
At the time of broadcast, ONT is at $0.546. is being traded. It seems possible that this price could retreat to the $0.542 support level.
Source
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