Ontology Technical Analysis - Ascending Channel Continues
Hello traders! In the following article, we will be covering the latest updates in ONT price action. In an article published on June 9, Cryptonary highlighted the importance of the upcoming fundamentals:
“The team has published on Medium its roadmap for both, the Chain Network and the Trust Ecosystem, which are the two most important ONT developments scheduled for this year. Plato (a heterogeneous Chain Network) and Aristotle (a milestone improvement with the aim of being the “next internet generation”) are both scheduled for the last months of 2019 and the beginning of 2020 respectively”
The price of the high-performing project and distributed collaboration platform performed positively in the last BTC Bullrun, reaching the $2.15 level on the 26th of June. Volume has been increasing gradually and has performed outstandingly in the last few days. ONTUSD has gained $253,2 Million in volume in the last 3 weeks (from $44,3M to $297,57M).
Analysing the daily chart, an opportunity seems to have been presented. ONTUSD has bounced from the $1.3380 support zone (highlighted in yellow). The ascending channel has been formed since early May and bulls have entered consistently on those levels, creating higher lows. The June 27th daily candle closed above the supply zone, with bears exiting their positions around the area. This rejection is a good indicator of a bullish momentum ahead and traders must watch the performance of the altcoin market cautiously.
Two scenarios are feasible at this point. If price bounces sharply from the yellow zone ($1.3338-$1.3648) then the next targets will be $1.6139 and $1.7829 (highlighted in red). On the contrary, if bears push the price below the ascending formation, the pattern would be invalidated and PA could easily reach $1.2446 and $0.9934, which at the same time, are good entry points for a long position.
Continue reading by joining Cryptonary Pro
$1,548 $997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
24/7 access to experts with 50+ years’ experience Terms
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
