Ontology price prediction 2024-2030: Is ONT rising?

Key takeaways

• Ontology might reach as high as $0.2219 by 2024.
• Estimates for ONT’s average price in 2027 range from $0.5936 to $0.7153.
• Ontology’s average price in 2030 will be $2.02, with a maximum price of $2.32.

Ontology (ONT) is a blockchain project that focuses on decentralized identity and data management, aiming to bring trust and security to data exchange in the digital economy. As ONT’s technology continues to evolve, its price movement attracts significant attention from investors and market watchers. This price prediction will explore the potential future performance of ONT, taking into account various market factors, technological developments, and broader crypto market trends that could influence its value. Understanding these dynamics is crucial for making informed investment decisions in ONT.

Overview

Ontology price prediction: Technical analysis

Ontology price analysis: ONT shows bullish uptrend at $0.170

TL;DR Breakdown

• Ontology price analysis shows a strong bullish trend today
• Ontology’s price has been fluctuating within a tight range of approximately $0.1617 to $0.1694

Ontology ONT price analysis for August 29 shows a bullish uptrend. The price began at around $0.1671 and experienced multiple upward movements, with brief pullbacks, indicating healthy consolidation before resuming its climb. The price continued to rise, maintaining higher highs and higher lows throughout the period. ONT reached a level of $0.170, which is a clear sign of a sustained upward momentum. This pattern suggests strong buying interest and the potential for continued bullish movement if market conditions remain favorable.

Ontology 1-day price chart: ONT remains positive at $0.170

The 1-day chart for Ontology shows a slight upward price movement. The price has risen from a recent low of $0.1661 to around $0.170, indicating a modest bullish momentum. Despite the ongoing bearish trend observed, the recent candles suggest some buying interest, as evidenced by a series of higher lows.

The Relative Strength Index (RSI) is currently at 45.04, which indicates that ONT is in a healthy position with enough room for further growth. The upper Bollinger band is currently placed at $0.1937, while the lower Bollinger band is currently placed at $0.1548.

Ontology 4-hour chart: ONT gains bullish momentum as price recovers from recent lows

The 4-hour chart for Ontology reveals a bullish trend following a recent low. The price has moved up from $0.1672 to $0.1702, showing a gradual recovery and consistent upward movement. The price movement above the lower Bollinger Band and approaching the middle band further indicates that the bullish momentum is gaining traction, potentially signaling a shift from the recent downtrend to a more positive outlook.

The Bollinger Bands are starting to widen, with the price moving from the lower band toward the middle band, reflecting increasing volatility and a potential breakout to the upside. The Relative Strength Index (RSI) is currently at 39.96, moving upward from recent oversold levels, suggesting that buying pressure is building. This upward RSI movement indicates growing bullish sentiment, as the market looks to gain further upward momentum.

Ontology price analysis conclusion

Ontology (ONT) is showing signs of a bullish recovery, with its price gradually climbing from recent lows around $0.1672 to $0.170, indicating a potential shift in market sentiment. The upward movement, supported by a series of higher lows and narrowing Bollinger Bands, suggests that buying interest is beginning to build. The RSI rising from oversold levels further supports the possibility of continued bullish momentum. However, while the indicators point towards a positive outlook, sustained upward movement will require stronger buying pressure and confirmation from broader market conditions.

Ontology technical indicators: Levels and action

Daily simple moving average

Daily exponential moving average

Is Ontology a good investment?

Expert analysis suggests a positive price change by December 2024, implying potential long-term growth. While the current market feeling is cautious, with neutral bearish sentiment, Ontology could be a worthwhile investment for those willing to take on some risk and hold the asset over a longer period, banking on the expected improvement in market conditions.

Will ONT reach $1?

Ontology (ONT) could reach $1 depending on various factors, including market sentiment, technological developments, adoption rates, and broader economic conditions.

Will ONT reach $10?

ONT has recently moved from $0.1772 to $0.183, reaching $10 would be an extremely ambitious goal.

Will ONT reach $100?

Reaching $100 for Ontology would be an extremely ambitious and unlikely target under current market conditions and technological adoption rates.

Does ONT have a good long-term future?

Ontology (ONT) faces significant challenges in achieving substantial long-term growth, especially given the ambitious targets for prices like $10. While there is potential for moderate growth if the project gains adoption and market conditions improve, the steep increase required to reach such high targets suggests that ONT’s long-term future may be uncertain and highly dependent on significant developments and broader market trends.

Ontology price prediction August 2024

Ontology price prediction for August 2024 suggests that the token will reach a minimum value of $0.16, a maximum price value of $0.20, and an average trading value of $0.18.

Ontology price prediction 2024

The price of Ontology is predicted to reach a minimum value of $0.2021, a maximum value of $0.2219 and an average trading price of $0.2109 by the end of 2024.

Ontology price predictions for 2025-2030

Ontology price prediction 2025

Per the ONT price prediction for 2025, the cryptocurrency could potentially reach a high of $0.3513 and a minimum price of $0.2751. The expected average trading price of $ONT for the year is $0.2836.

Ontology price prediction 2026

For the year 2026, estimates suggest that Ontology will achieve a high price of $0.4794. The minimum price for this period is $0.4060. Additionally, the estimated average trading price is $0.4201.

Ontology ONT price prediction 2027

The Ontology forecast for 2027 suggests a minimum price of $0.5936. Per expert analysis, ONT’s price could reach a maximum price of $0.7153 and an average forecast price of $0.6104.

Ontology price prediction 2028

By 2028, Ontology could reach a maximum price of $1.03, a minimum trading price of $0.8827, and an average price of $0.9132.

Ontology price prediction 2029

According to the Ontology price forecast for 2029, ONT could reach a maximum price of $1.51. The token’s minimum price is projected to be $1.37, with an average trading price of $1.41.

Ontology price prediction 2030

In 2030, the price of Ontology is predicted to reach a minimum price of $1.97, a maximum price of $2.32 and an average trading price of $2.02.

Ontology market price prediction: Analysts’ ONT price forecast

Cryptopolitan’s Ontology price prediction

Our predictions show that ONT will trade between $0.2021 – $0.2219 by the end of 2024. In 2025, Ontology’s market price will range between $0.2751 and $0.3513. In 2030, ONT will range between $0.75 and $0.92, with an average price of $0.87. 

Ontology historic price sentiment

• Ontology was launched in 2017 by the Chinese company Onchain, led by founders Jun Li and Da Hongfei. Unlike most blockchain initiatives, Ontology did not undergo a public ICO but distributed its tokens through a series of airdrops to NEO holders and its community members.

• Ontology experienced rapid growth, reaching an All-Time High (ATH) of approximately $11.18. This peak occurred in May 2018, fueled by strong market sentiment and widespread interest in new blockchain projects.
• The excitement was short-lived, and the price began to decline rapidly. By the end of 2018, the price had dropped to a low of around $0.438 and closed the year at approximately $0.60, reflecting a significant correction from its earlier highs.
• By mid-2019, the price had stabilized somewhat but was significantly lower than its initial highs, fluctuating between approximately $1.21 and $1.84. This period of price fluctuation reflected ongoing market adjustments, the response to network developments, and the broader trends affecting the crypto market.
• Throughout 2020, the price experienced moderate fluctuations, with a high of around $1.09 and a low of $0.204.
• In early 2021, Ontology’s price saw a notable spike, reaching around $2.96, which coincided with a bullish phase in the broader cryptocurrency market possibly driven by institutional investments and heightened public interest. However, this resurgence was short-lived, and the price soon entered a period of decline, following the broader market correction that impacted the crypto ecosystem extensively.
• From 2022 onwards, Ontology’s price movements have been characterized by reduced volatility, with the coin mostly maintaining a floor price of $0.1457.
• By the end of 2023, the price had settled at around $0.115, reflecting ongoing market struggles and diminished investor interest.
• As of the latest data from August 2024, Ontology trades at approximately $0.1600. The asset had a brief peak at around $0.5 earlier in the month but has since followed a downward trajectory, highlighting the ongoing challenges and cautious investor sentiment in the market.