ONT is currently fighting the 38.2% FIB level and it's looking like it's about to break! I really like the fact that the bulls have control of the moving averages as support, and the 12MA just crossed through the 26MA bullish.
If we can get above this price level, the bulls will then fight again in a wide range zone between the 38.2% and 50%.
Current resistance: 1.739
Next major FIB resistance: 1.957
Last time the bears and bulls fought through this zone for DAYS before breaking bearish.
Keep a close watch over the next 12 hours!
J-Dot-Crypto
If we can get above this price level, the bulls will then fight again in a wide range zone between the 38.2% and 50%.
Current resistance: 1.739
Next major FIB resistance: 1.957
Last time the bears and bulls fought through this zone for DAYS before breaking bearish.
Keep a close watch over the next 12 hours!
J-Dot-Crypto