Ontology Gas 價格ONG

ONG/USDT Analysis 1.Falling Wedge Pattern 🔶Pattern Description: ONG is consolidating within a falling wedge pattern, which is a bullish reversal pattern. Typically, this pattern suggests that after a phase of declining prices, a potential upward breakout could follow. 🔶Resistance Trendline: Currently, ONG is being rejected at the resistance trendline of this falling wedge, indicating the price is struggling to break above this line. 2.Ichimoku Cloud Resistance 🔶Cloud Positioning: The Ichimoku Cloud, a multi-indicator system often used to gauge market sentiment and momentum, is sitting above the current price level. 🔶Resistance Barrier: This cloud acts as a strong resistance barrier, adding additional selling pressure and making a breakout more challenging. 3.Importance of a Confirmed Breakout 🔶Pattern Breakout: For a strong bullish move to materialize, ONG needs a confirmed breakout above both the falling wedge and the Ichimoku Cloud. 🔶Potential Bullish Rally: A breakout from both these resistances could signal a potential bullish rally, as it would show buyers gaining strength and pushing prices higher. 4.Confirmation Signals to Watch 🔶Volume Surge: Look for an increase in trading volume during the breakout as a confirmation of buyer interest. 🔶Higher Highs: For sustained bullish momentum, ONG should begin forming higher highs and higher lows on lower timeframes after the breakout. In summary, if ONG can break out above both the falling wedge and the Ichimoku Cloud with confirmation signals like increased volume, a strong bullish rally could likely follow. Keep an eye on these key levels for actionable signals.$ONG

Technical Indicator Alerts — 27 October 2024 Today was a rather calm day when it came to technical indicator alerts on the daily chart. However, some tokens flashed some promising/worrying signals. Let's go through them. Bollinger Bullish Reversal 🟢 - Ontology Gas $ONG Bollinger Bearish Reversal 🔴 - Tron $TRX VMA Bearish Trend Change 🔴 - Ethereum Classic $ETC - Ontology $ONT Ichimoku — Bullish Cross Below The Cloud (Weak Bullish Sign) 🟢 - Stellar $XLM - NULS $NULS 

Time for another token deep-dive. Today, I assess Ontology Gas $ONG. Join me for a post about fundamentals, chart analysis, social assessment, and trade setups. Ready? Let's go! Here's a complete overview of what you discover in this post: 1 — About Ontology Gas 2 — Tokenomics 3 — Chart Analysis 4 — Technical Indicators 5 — Social Analysis 6 — Sentiment Analysis 7 — Funding Rate 8 — Long/Short Ratio 9 — Trade Setup 10 — TL;DR 1 — About $ONG is the utility token used to pay for transaction fees and network services on the Ontology blockchain. ▸ ONG is generated through staking the main Ontology token, $ONT. ▸ It is essential for performing on-chain operations like smart contract execution and transfers. ▸ Moreover, it plays a key role in maintaining the network’s functionality & ecosystem. 2 — Tokenomics ▸ Market Cap: 122M ▸ Market Cap Rank: 315 ▸ 24 Volume: 13.5M ▸ Volume Rank: 274 ▸ Circulating Supply: 374M (37.4%) ▸ Total Supply: 1B 3 — Chart Analysis $ONG has been consolidating since July while the price bounced between 0.25-0.35. Since September, ONG has entered an uptrend, making higher lows and highs! However, so far, the token couldn't break above the resistance at 0.33 sustainably. Overall, the chart shows a bullish setup! 4 — Technical Indicators Indicators show a mixed picture, which is typical for a token switching from consolidation to bullish. ▸ The MACD is about to turn bullish after the latest bearish crossover triggered by last week's sell-off. ▸ RSI is neutral ▸ Volume has been perfectly increasing since the start of the uptrend. ▸ The price trades below the EMA 200, sitting almost at the resistance level. Overall, technical indicators print a neutral picture, ready to flip bullish. 5 — Social Analysis Overall, $ONG shows positive social relevance. The amount of mentions has been increasing since mid-September (except for a d at the end). Especially, since the start of October, ONG's relevance has more than doubled! The social relevance clearly shows a bullish development. 6 — Sentiment Analysis $ONG's sentiment remained very positive level for the entire observed period (one month). However, during that time, the token has seen an increase in positive sentiment from ~85 to ~91. Accordingly, the token plays in the top league. ONG's sentiment indicates another bullish momentum! 7 — Funding Rate Although ONG's funding rate is still negative, it has improved lately. While the average funding rate of the last 30 days was -0.0003627, it increased to an average of -0.0001316 over the previous 3 days. Given the positive momentum, there's a huge chance a positive funding rate flip shortly! 8 — Long/Short Ratio When looking at the open positions, ONG shows a strong bullish picture. While only 37.5% of open positions are short, 62.5% are long positions. ONG's long/short ratio can be considered bullish but healthy! 9 — Trade Setup The resistance at 0.33 plays an essential role in a trade setup. ONG should break through this level and confirm it on a higher timeframe. On top of that, the move should be driven by increasing volume. If that happens, the following setup seems reasonable: ▸ Entry: Break above $0.33 ▸ Target 1: $0.36 (~10%) ▸ Target 2: $0.44 (33%) ▸ Stop Loss: Slightly below $0.30 10 — TL;DR $ONG shows a bunch of bullish signs, including the chart setup, positive social momentum + sentiment, funding rates, and long/short ratio. A trade entry seems reasonable once the resistance at $0.33 is broken, with profit targets at $0.36 and $0.44. —— Enjoyed the post? Make sure to like and share it!

Volume Surge Radar — 7 October 2024 Today's volume surge radars contain some interesting tokens. Actually, quite a few haven't been on my radar. It's probably time to take a closer look. So, here are the top 10 tokens with the highest volume surge. 1 — Audius $AUDIO — Volume Change (VC): +1,877% — CMC Rank (CMC): 327 2 — Cartesi $CTSI — VC: +1,125% — CMC: 420 3 — Cortex $CTXC — VC: +1,087% — CMC: 807 4 — Ontology Gas $ONG — VC: +665% — CMC: 386 5 — Gas $GAS — VC: +570% — CMC: 252 6 — Ontology $ONT — VC: +518% — CMC 309 7 — AirSwap $AST — VC: +382% — CMC 1171 8 — Stratis $STRAX — VC: +311% — CMC 446 9 — dForce $DF — VC: +259% — CMC 1059 10 — Civic $CVC — VC: +255% — CMC 352

🚨Tokens With High Open Interest Growth I analyze over 500 tokens daily according to their open interest (OI). High open interest (OI) can signify an incoming correction or pump (depending on the chart). Here are the top 5 tokens with the most extreme OI growth. 1. Ark (ARK) +332% Although unbelievably high, the OI has already declined compared to yesterday. Accordingly, Ark's price dropped too. However, it looks like as if more correction is incoming. 2. Ontology Gas (ONG) +174% Regarding ONG, the high OI might lead to a massive pump since the price hasn't seen a considerable spike yet. 3. Banana Gun (BANANA): +69% Similar to ONG, the high OI might signal an upcoming sharp move. Based on the chart, the chances for an upside move are higher. 4. Loom Network (LOOM) +60% LOOM's OI decreased slightly compared to yesterday. However, it looks like another correction is likely. 5. BarnBridge (BOND) Again, it's a token where the OI might signal an upcoming rally.