In order to authorize one’s stake in the coin, ONTO and OWallet staking guides are now available on their website. One just needs to click “Stake” on the far right of each node name and follow the guide to authorize their stake.
Ontology Price Analysis
On August 30, Ontology was trading around 0.7287 USD. However, today after 25-days, the coin showed a strengthening of 1.09%. However, in the weekly trading, it craved out a substantial decline of 8.23% from the marked price of 0.8029 USD on September 18. Yesterday’s trading was also a degrading one where the ONT coin broke down by a margin of 6.72%. Yesterday, Ontology opened at 0.799119 USD and wrapped the day at 0.745423 USD.
The strengthening in Ontology has faded away in the last couple of days. And the crypto is moving toward yet another bottom point. Further, making any long-term prediction regarding the crypto is unprecedented as of now. The immediate resistance for ONT coin is at 0.7835 USD and the support level is at 0.7245 USD.
By making the staking guide available on the website, the foundation has given some consolidation to the community. As per past data and analysis, once the bottoming of coin occurs, it will present an optimum price for buying. One should wait till then before trading in the coin.