• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
7 June Wednesday, 2023
TurkishNY Radio
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
TurkishNY Radio
No Result
View All Result
Home Cryptocurrency

ONT Coin Weekly Analysis And Price Prediction

András Crow-Hreidar by András Crow-Hreidar
12 May 2023
in Cryptocurrency
Reading Time: 3 mins read
0
ONT-Coin-Weekly-Analysis-And-Price-Prediction-2

This article will analyze the ONT coin according to www.coinmarketcap.com data. First, we will discuss the ONT coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

ONT-Coin-Weekly-Analysis-And-Price-Prediction

YOU MAY BE INTERESTED

Yield-App-Review-2023-Exploring-Features-Interest-Rates-Pros-Cons

Yield App Review 2023: Exploring Features, Interest Rates, Pros & Cons

7 June 2023
Whats-the-S&P-500-Exploring-SP500-Stocks-and-Why-They-Matter-to-Investors-2 (1)

What’s the S&P 500? Exploring SP500 Stocks and Why They Matter to Investors

7 June 2023

What is ONT Coin?

ONT coin is the native cryptocurrency of Ontology, a high-performance public blockchain and distributed trust collaboration platform. Ontology aims to provide an infrastructure for building decentralized applications (dApps) and services that can be used in various industries, including finance, healthcare, and supply chain management.

 

What are the projects of ONT?

 

One of the main projects of Ontology is the development of a trusted ecosystem, which includes identity verification, data exchange, and digital asset management. The platform also supports the creation of custom tokens and smart contracts.

 

Factors Influencing ONT Price

There are several factors that can influence the price of ONT coins, including:

Market demand: Like any other cryptocurrency, the price of ONT is primarily determined by supply and demand in the market. If there is more demand for ONT than supply, the price will increase, and vice versa.

Adoption and partnerships: The adoption of Ontology’s platform by businesses and organizations, as well as partnerships with other companies, can positively impact the price of ONT. This is because it increases the perceived value of the platform and the usefulness of the ONT token.

Regulatory changes: Regulatory changes in the cryptocurrency industry, particularly in the country where Ontology is based (China), can affect the price of ONT.

Technology advancements: Improvements and advancements to Ontology’s platform, such as faster transaction speeds or increased functionality, can increase the perceived value of ONT and positively impact its price.

Overall market sentiment: The overall sentiment of the cryptocurrency market can also impact the price of ONT. If the market is experiencing a bull run, the cost of ONT may increase, and if the market is in a bearish trend, the price may decrease.

Please note that the cryptocurrency market is highly volatile, and the factors influencing the price of any cryptocurrency can change over time. It’s always recommended to conduct thorough research and consult with financial professionals before making any investment decisions.

ONT COİN TECHNICAL ANALYSIS

After seeing its historical high of $8.642 in June 2018, ONT has dropped 98% by the end of 2022, down to $0.1458. Although it goes up to $ 0,3500 with the purchases in the market in 2023, it is currently trading at $ 0.2303. According to www.coinmarketcap.com data, ONT, which has a size of $201,584,557, has had a volume of $11,360,642 in the last twenty-four hours.

ont

ONT Chart Analysis

Another coin that disappointed ONT investors fell from $ $8.642 to $ $0.1458, with a loss of 98%. ONT, which rose to $ 0,3500 with the purchases in the market at the beginning of 2023, could not stay at this level and fell again. When we examine the weekly chart, this week, the $0.2110 level is our horizontal support zone for the ONT coin, while $0.3036 can be followed as the weekly resistance zone.

 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their research when deciding. This article does not include investment advice or suggestions. Every investment and trading move involves risk, and readers should perform their analysis when determining.

 

It may get your attention:

Untangling the Truth: Do Hasidic Jews Pay Taxes?

2023 Income Inequality: What Percentage of the Population Makes Over $300K?

Untangling the Truth: Do Hasidic Jews Pay Taxes?

ShareTweetSharePinSend
Previous Post

How Rental Arbitrage Works and How to Get Started

Next Post

BICO Coin Weekly Analysis And Price Prediction

András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

SIMILAR NEWS

Yield-App-Review-2023-Exploring-Features-Interest-Rates-Pros-Cons
Cryptocurrency

Yield App Review 2023: Exploring Features, Interest Rates, Pros & Cons

7 June 2023
Whats-the-S&P-500-Exploring-SP500-Stocks-and-Why-They-Matter-to-Investors-2 (1)
Cryptocurrency

What’s the S&P 500? Exploring SP500 Stocks and Why They Matter to Investors

7 June 2023
How-to-Add-Optimism-Network-to-your-MetaMask-Wallet-2
Cryptocurrency

How to Add Optimism Network to your MetaMask Wallet

7 June 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NEWS FEED

Yield-App-Review-2023-Exploring-Features-Interest-Rates-Pros-Cons
Cryptocurrency

Yield App Review 2023: Exploring Features, Interest Rates, Pros & Cons

7 June 2023
Whats-the-S&P-500-Exploring-SP500-Stocks-and-Why-They-Matter-to-Investors-2 (1)
Cryptocurrency

What’s the S&P 500? Exploring SP500 Stocks and Why They Matter to Investors

7 June 2023
How-to-Add-Optimism-Network-to-your-MetaMask-Wallet-2
Cryptocurrency

How to Add Optimism Network to your MetaMask Wallet

7 June 2023
Rabby-Wallet-Your-Ethereum-Compatible-Wallet-Alternative
Cryptocurrency

Rabby Wallet: Your Ethereum-Compatible Wallet Alternative

7 June 2023
DMCA
PROTECTED
TurkishNY Radio

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.