ONT is Going Up Steadily
Ontology (ONT) has surged by 4.5% to reach $0.422 this week. This comes after an impressive 27.0% spike to $0.514, marking its highest level since April 2022. Such a significant increase stands out against the backdrop of 20-40% declines seen in other altcoins. Despite experiencing a correction during the Iran missile attack on Israel, which saw ONT drop by 36.0% to $0.250 on April 13, prices managed to stabilize due to both technical and fundamental factors.
The performance of Ontology in the crypto market has been remarkable. It has maintained its position above the support level at $0.400 and appears poised to continue its upward trajectory. There is potential for ONT to test the resistance level at $0.500, or even surpass it in the near future.
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