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At the time of writing, ONT price against BTC is currently sitting at 0.00036.
First, let's take a look at the bigger picture for ONT (you'll see that the first data available is from April on Binance)
As you can see from this, ONT has kind of fully bottomed out nearing the lowest levels it has traded at since it started trading. IF you're bullish on ONT, this is a good sign for you. Of course, one could say that it still has some room to go down, which is true, but as you can see the trend downwards was very long and sustained, so this puts more faith in a bounce like the one we see in the chart.
Now on the 1H chart, we see that ONT has formed a dynamic uptrend since its bounce, and there are a couple of levels to monitor at the moment. Right now it looks that ONT is taking its time to form a temporary support at 0.00034, which at the moment is actually only slightly below the trend line. If it can hold that, we'd look to see if it can test 0.00038 and HOLD itself above it and consolidate for a bit. 0.00038 is a historical support/resistance level, so breaking it AND consolidating above it would be a very good sign. As you can see from the chart, ONT broke above it twice recently but failed to consolidate and retraced lower.
On the daily chart for ONT, technical indicators give a bullish outlook (6 sell, 10 neutral, 8 buy)
On the weekly chart for ONT, technical indicators give a bearish outlook, but we'd say is actually closer to neural in ONT's case (6 sell, 3 neutral, 2 buy)
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