Ontology (ONT) is up 4.2% this week, trading at $0.2675, outperforming the broader market as Bitcoin (BTC) edges higher by 1.4% to $98,930. Over the weekend, ONT broke through the resistance at $0.2000, paving the way for a continued rally, with prices climbing an additional 12.0% toward the next target at $0.3000.
The token's trajectory remains closely tied to Bitcoin's performance, which is currently grappling with the psychological threshold of $100,000. A significant correction in Bitcoin could trigger a steep decline in ONT.