Old coins suddenly coming back to life is tempting, but this kind of candlestick trend with a “scythe” often moves one step faster
$ONG The current price is about $0.175, with a 65.9% surge in the past 24 hours—this move is really crazy. On 8/20 it once jumped from $0.06 to $0.19, with daily trading volume exceeding $200 million. Behind it is the Ontology mainnet hard-fork upgrade plus a catalyst from Binance support, but afterward it also saw consecutive large pullbacks, indicating very heavy capital competition.
In the short term, $0.16 is support—if it holds, expect $0.20–0.22; if it breaks down, watch out for $0.13.
$ONG The current price is about $0.175, with a 65.9% surge in the past 24 hours—this move is really crazy. On 8/20 it once jumped from $0.06 to $0.19, with daily trading volume exceeding $200 million. Behind it is the Ontology mainnet hard-fork upgrade plus a catalyst from Binance support, but afterward it also saw consecutive large pullbacks, indicating very heavy capital competition.
In the short term, $0.16 is support—if it holds, expect $0.20–0.22; if it breaks down, watch out for $0.13.