Ontology On the Move
Ontology (ONT) has been finding resistance at just over $.62 for the past several days, and has twice bounced back down after briefly breaking through that mark. Now, will the market react and follow BTC while moving up?
Bitcoin has found ground over the psychological barrier of $8,000 and has brought the overall market prices up. The sentiment is good. Alts are starting to move into the green territory. Ontology has a solid foundation for usage, so will this start to translate into sustained price growth?
How High Could it Go?
The valuation of ONT could correctly be found over the $1.00 range, and has room to grow even after that. I'm still bullish on ONT, and will be looking for that breakthrough in the next several weeks.
Image sourced from BINANCE EXCHANGE
Ontology is a high performance public blockchain and distributed collaborative platform. It anables a decentralized network environment that solves key issues of identity security and data integrity. Data sharing and productive collaboration is maximized by assuring that users can trust one another.