The weekly technical chart of the Ontology price action forms a bullish trend with a beginning of the parabolic movement. In contrast, to pivot points, ONT's fundamental support level is placed at $1.30. While on the other side, if it moves up, the significant resistance level to watch is $2.35. Moreover, on the chart of a 1-day time frame, it completes a bullish engulfing candlestick pattern representing bulls controlling the price action.
The volume of (303.60M) forms a massive volume bar in the coin. Investors can observe multiple huge volume bars to pull up the price. High buying pressure is loaded in Ontology to drive its price to higher levels.
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