- ONE token price rises more than 68% in the past month.
- The token price moves above all the crucial EMAs in the daily chart.
- The token pair of ONE/BTC is trading at 0.0004129 BTC, facing an intraday gain of +8.82%.
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 broken above the 200-day EMA while all the other EMAs are rising in the daily chart with a positive slope that may soon generate bullish crossovers.
Presently, the ONE Token price is valued at $0.1099, with a +13.00% gain in the market cap within the past 24 hours, projecting a rise in underlying bullishness.
The intraday trading volume of the coin has managed to rise about 280% in the past 24 hours, indicating an alarming increase in the number of buyers as the price breaks key resistance levels.
ONE Token Price Breaks Above The Rising Channel
The price for ONE Token has been increasing with higher highs, and the support trendline is helping to guide it. Additionally, the latest price surge is supported by an increase in buying volumes.
The coin’s price rose above all the bearishly aligned EMAs of the 4-hour technical chart. The 50 EMA rising suggests a bullish crossover potential with the 100 EMA.
The price action indicates that the coin price could face resistance shortly at $0.12 and 0.15. On the other hand, support is near $0.050 for the ONE Token.
Bullish RSI is a sign of underlying bullishness. The RSI line moves higher towards oversold and spikes out of the neutral zone.
The ADX is indicative of a growing trend since the ADX line is moving higher.
Conclusion: The HARMONY ONE coin’s price has shown impressive growth in just 48 hours. However, the coin’s price is not yet above the resistance levels that can be broken to indicate an uptrend.
Resistance- $0.12 and $0.15