Ontology, Stellar Lumens, VeChain Price Analysis: 07 September
bitcoinschannel.com
For the cryptocurrency, the next level of support lay at $0.063, at press time. Ontology was trading above its support level at $0.6, with the next level of resistance observed to be at $0.72, at the time of writing.
The mouth of the Bollinger Bands was beginning to tighten, and if this were to remain the case, ONT’s consolidation above its support level could be in jeopardy. ONT’s below average trading volume for the past few sessions has also reinforced the idea that consolidation might happen, with selling pressure cooling too.
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