With the launch of the Ontology Main net 30th June, there was a sharp price surge. Ontology Hodler's excitement didn't last long as the bears returned, resulting in a continued down turn. The price continued to slide in the second week of July as Ontology issued the 2nd airdrop to Neo holders.
As predicted from the previous analysis, price have reached $4.00 and beyond now trading at $3.75. A break in price on the second trend line upward can push the price towards $4.50 on the shoort run while a downward break will send the price plummeting. Hence it is better to moniter further price movement before taking action.
As predicted from the previous analysis, price have reached $4.00 and beyond now trading at $3.75. A break in price on the second trend line upward can push the price towards $4.50 on the shoort run while a downward break will send the price plummeting. Hence it is better to moniter further price movement before taking action.
