ONTOLOGY Price Chart
Cryptocurrency News
MORE NEWSStandard Chartered Launches Institutional Spot BTC, ETH Trading
Standard Chartered has become the first internationally recognized financial heavyweight to launch direct spot trading for Bitcoin and Ethereum. The offering positions the UK-based institution...
Is Solana About to Explode Further? Analyst Reveals Next Targets
TL;DR Solana breaks above $166 Fibonacci level, with bulls eyeing targets at $171, $179, and $185. SOL trades above 9-day SMA, while MFI at 76...
Large Bitcoin Investors Realize $1.54 Billion in Profits but Rally Still Intact: CryptoQuant
Bitcoin’s climb above the coveted $120,000 level was short-lived, as the cryptocurrency pulled back to below $117,000 amidst renewed volatility. Over the past 24 hours,...
BTC Gains Near Climax? Peter Brandt Sounds the Alarm
TL;DR Peter Brandt says BTC isn’t failing yet, but gains may slow without major macroeconomic change. BTC’s long-term chart shows strength, but Brandt warns of...
Coinbase Denies Bombshell Claim it Fueled Trump-Binance Hit Piece
Tensions in the crypto sector escalated over the weekend following allegations that Coinbase was the unnamed source behind a Bloomberg report scrutinizing Donald Trump’s crypto...
Ontology is a distributed blockchain network that includes:
- identification system,
- data processing,
- community creation,
- development of protocols for decentralized operations.
Thus, the network is a trusted infrastructure that connects devices, applications, and other functional elements – even government departments are planned to be connected to it. Hereby the Ontology price now is a good starting point for investments.
Actual Ontology crypto price
The start of 2021 has been quite positive for the Ontology live price chart, as it saw a whopping rise from $0.4 to $2.69 by May 2021. The Ontology token price increased by over 500%. Investors and traders began to take profits, which led to a sudden drop in the Ontology coin price chart. From $2.69, the ONT USD price dropped to $0.58 in less than 2 months. The price has almost returned to the level from which the bullish trend began.
Since then, the Ontology crypto price has been trading sideways with small price ups and downs. The coin is currently trading at $0.25 with a 24-hour trading volume of $19,075,427.
The entire crypto market is stagnating, and the same is observed for the Ontology price charts in the form of a slight increase in value. From the current ONT to USD price level, there is significant resistance at $1.04 and significant support at $0.43. The Ontology price now is maintaining this support level since 2021, which is a positive signal for investors.
Ontology price prediction 2022
Surprisingly, the beginning of 2022 was quite profitable and the current price also started to recover. The current ONT to USD price is trading around $0.69 and according to the Ontology coin news, the cost is expected to rise in the future. By December 2022, the Ontology live price chart could reflect positive trends strongly in terms of price and could reach a high of $1.08.
Long-term or speculative deal?
As more and more investors see the Ontology token price as a low one, this can only increase the ONT USD value exponentially and integrate its blockchain into many applications. Many Ontology price prediction companies say that mainstream adoption will drive up the price. In the long run, the Ontology coin price chart could be traded between $0.98 and $1.28 by the end of 2023.
Positive Ontology coin news
What impacts the Ontology price charts even better is that the platform offers many templates and tools that organizations can take and customize to suit their business needs. In fact, Ontology can be called a gateway for the widespread implementation of Blockchain technology in the corporate sector. Also you can see Safemoon and Horizen crypto news.
In addition, to facilitate the identification and improve proof of ownership, Ontology seeks to use cryptography techniques in conjunction with distributed ledgers. The team hopes to contribute to solving the fundamental problems of identification systems, which for the most part use outdated technologies.
