- ONE token price side with the bulls and gain more than 30% in the past 48 hours
- The recent jump in the coin price has lowered the chances of a death cross in the daily chart.
- The pair of ONE/BTC is trading at 0.000002337 BTC, facing an intraday gain of +21.05%.
ONE token price was moving higher after finding support near the $0.05 mark. Thus, the coin price has managed to raise more than half of its value by steadily moving up.
The coin price has breached above the 200-day EMA, trying to avoid the death cross. The sloping 50-day EMA has stopped moving lower due to the price jump as the price is trading above it.
The coin price may see an uprise of about 20% before facing a resistance level. However, if the price breaks below the 200-day EMA, investors could observe a 30% downfall.
Presently, the ONE coin price is $0.0814, with an intraday gain of 21.33% in the market cap. In addition, the intraday trading volume has increased more than 300%, projecting a rise in buyers.
ONE Token Price Breaks Above All The Bearish EMAs
ONE Token price has been rising higher by making higher highs with the help of a support trendline. Furthermore, the latest price jump is backed up with a boom in buying volume.
The coin price has risen above all the bearishly aligned EMAs in the 4-hour technical chart. The rising 50 EMA projects the possibility of a bullish crossover with the 100 EMA.
As per price action, the coin price may soon find resistance near the $0.099 and $0.15. On the flip side, the ONE Token price may find support near the $0.050 mark.
The RSI (bullish) indicates underlying bullish momentum as the RSI line spikes up from the neutral zone and heads higher towards the oversold zone.
The ADX implies a growing trend momentum as the ADX line is moving higher.
Conclusion – HARMONY ONE coin price has showcased impressive growth in the past 48 hours. However, the coin price is yet to sustain above the broken resistance levels to project an uptrend.
Resistance- $0.099 and $0.15