Ontology to US Dollar
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Anderson Noah
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01.10.2024
Ontology (ONT) has declined by 2.8% this week, falling to $0.1990, as it pulls back from the strong resistance level at $0.2000. Similarly, Bitcoin (BTC) is down by the same percentage, dropping to $63,760. ONT is attempting to break through this resistance for the second time in the last six weeks, and this time, the attempt could prove successful.
The broader cryptocurrency market experienced its best September on record, and historically, October tends to be one of the strongest months for the market. With this favourable backdrop, ONT could break through the $0.2000 resistance level and advance towards $0.3000.
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| Ticker | ONTUSD ONT/USD |
| Contract value | 1 |
| Maximum leverage | 1:5 |
Swaps history
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 100 lot |
| Maximum transaction volume | 10000 lots |
| Hedging margin | 50% |
Margin requirements
| USD Exposure | Max Leverage Applied | Floating Margin |
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