Ontology Gas (ONGUSD) Price Presents a Potential Buy Opportunity

Ontology Gas (ONGUSD) Price Forecast: January 28

Today, the Ontology Gas price presents a potential buying opportunity and is likely to continue its upward trend, setting the stage for significant gains among coin investors. Based on the chart structure, if buying pressure persists and the coin price surpasses the peak barrier at $0.106, the next price may reach the $0.110 upper resistance level, resulting in a potential buying opportunity for interested traders.

Key Levels:
Resistance Levels: $0.101, $0.102, $0.103
Support Levels:    $0.080, $0.079, $0.078

ONG (USD) Long-term Trend: Bullish (4H Chart)

The ONGUSD pair presents a potential buying opportunity while displaying a high momentum bullish rally.
The chart indicates that the coin now trades close to the upper resistance channel, suggesting another opportunity to buy and a turnaround for coin investors.

The sustained bullish pressure at the $0.081 supply value in the last session has enabled the price to remain in an uptrend at its recent high.

At press time, the bulls drove the Ontology Gas price from $0.098 to $0.102 supply value, above the EMA-50, presenting a potential buying opportunity for coin traders.

Meanwhile, the upward trajectory could face another barrier near the next resistance level at $0.106. Thus, a break above this level could propel the token higher by 20%.

Notably, ONGUSD trend continuation is ensured as the price indicator projects an upward move, implying that the bullish trend may persist.

In light of this, the pattern might surge to the upper resistance level of $0.110 as the coin remains at a possible buying opportunity and a potential buy signal in its long-term view.

ONG (USD) Short-term Trend: Bullish (1H Chart)

The ONGUSD pair suggests a potential buying opportunity as it continues to move upward and remains in a bullish market zone in its short-term view. The coin price is undeniably trading above the moving averages.
The coin has been making higher highs and higher lows in previous actions, which has enabled the price to maintain an uptrend in its recent correction.

The market price of Ontology Gas is losing bearish momentum as it rises to a $0.101 high level above the moving averages, as the 1-hourly chart opens today.

This is due to a high bullish impact on the market price. Thus, a strong break above the current resistance point would strengthen the bullish pressure, capturing the attention of investors.

Therefore, if a renewed surge in buyers’ interest occurs, the crypto’s price might surpass the $0.106 barrier level, indicating investors’ confidence in the asset.

Additionally, buyers are seen clustering around the ONGUSD market as indicated by the momentum indicator signaling an uptrend.

As a result, buyers may still be in control, and the recovery rally could lead the price to an upper resistance level of $0.110, suggesting a potential buying opportunity in the short-term view.

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