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Harmony ONE Price Analysis: ONE Crypto Gives Breakout Expecting 20% Upmove

  • ONE crypto is in an uptrend at 1.3% during the intraday trading session.
  • The 24-hour trading volume is at $116 million.
  • ONE/BTC pair is trading negative by -0.9% at 0.00000244 BTC

The daily technical chart of ONE crypto price action displays an uptrend. According to the pivot levels, the primary support level is $0.1150. On the other side, if it rushes up, the resistance level to follow is $0.1368. Although the chart forms a bullish harami candlestick pattern within the day, it is predicted that the price may remain upwards with medium reliability.

The Zig-Zag framed a top of $0.22 on Mar 29. After that, investors can notice a massive correction of 80%, all the way low to $0.04. Now price levels are back around the range of $0.12 this week. 

The volume of (83.227M) is below the MA of 20-days (219.275M). As a result, the volume is average, causing its price to break above the resistance zone. Investors may also mark that the volume bars on the chart are inclining, which intimates that notable volatility is expected in the upcoming trading session. 

The MACD indicator gives (bullish) crossover above the signal line on Jul 25, indicating a buy signal in the coin. Moreover, Investors can see blue bars in the Histogram index.

Harmony ONE Crypto Moves Within Rising Channel Pattern

Harmony’s price today is $0.122194, and the 24-hour trading volume is $116,772,840. Prices have risen by 1.3% in the past 24 hours. Its circulation is 10 billion ONE coins, and the total amount is unknown. The MACD indicator shows a buy signal, and the traders have a guided average volume. Technically, the price breaks the resistance and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.

Resistance Level: $0.1368

Support Level: $0.1150

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Nikhil Ingole: Mr, Nikhil Ingole is a Chief Editor at The Market periodical with over five years of technical analysis & trading experience in Forex and Crypto. As a commerce graduate, he has taken a keen interest in blockchain's future potentials in the financial industry. A keen cryptocurrency enthusiast, he is very supportive of new media projects, pioneer ideas and the Bitcoin community. He possesses strong technical, analytical skills and is well known for his financial market's informative analysis. Other than crypto, Nikhil Loves to watch his favorite football team and keep up to date with the latest Formula 1 racing.