- ONE token price rises higher after finding support near the avenging trendline.
- The intraday trading volume is lower than the 20-days MA of volume, projecting a decrease in selling pressure.
- The ONE/BTC is trading at 0.000004237 BTC, facing an intraday gain of +2.91%.
ONE token price rose higher after finding demand near the support trendline in the daily chart. However, the coin price could not sustain higher above the resistance level of $0.15 mark.
The crypto asset price rises above all the crucial Daily EMAs and is in a bullish direction. These EMAs provided support for the price during the recent fall.
The coin price trades at $0.14 as of press time. This represents an 11% decrease in market capitalization over the last 24 hours. In addition, the Harmony intraday trading volume has increased to 3%. This indicates a boom among token sellers.
ONE Token Price Retests The Bullish Breakout
One token price faces rejection from a new coming resistance trendline that has caused the recent downfall. Furthermore, the recent reversal lowers the chances of price sustaining above the $0.15 mark.
According to price action, the coin price may soon face demand at $0.10 or $0.060. However, the resistance for the ONE Token is close to $0.20 and $0.25.
The RSI indicator predicts a rise of underlying bullishness when the price jumps higher from the central line in the daily chart.
Since the ADX line keeps moving higher, it is an indication of a growing trend.
Conclusion: Despite the rapid return from $0.150, the price of ONE Token price has seen impressive growth in the previous 48 hours. Low-risk investors might be interested in a spot near $1.50, as the price action projects a pump in the coin price.
Support- $0.10 and $0.050
Resistance- $0.20 and $0.25