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Harmony Price Analysis: ONE Coin Price Continues To Move In An Uptrend Despite The Fall In Market

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Harmony Price Analysis: ONE Coin Price Continues To Move In An Uptrend Despite The Fall In Market
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  • Harmony coin price is observing a strong upside momentum in the daily chart which can lead it to a new high in future. It has seen a gain of more than 27% in the past 24 hours.
  • ONE token upside momentum may push it beyond its all time high soon . Meanwhile, ONE/BTC pair has seen a gain of more than 27% in the intraday session.

ONE coin price is currently seeing a strong upside momentum which can push it to a new high in future . Harmony coin price has seen a gain of more than 27% in the intraday session and is currently trading near the value of $0.172 .ONE token price market dominance along with the market cap has observed a significant increase in the past few days. The volume to market cap ratio of the ONE suggests significant upside momentum in price.

Technical Indicators Of ONE Price Suggests A Strong Upside Momentum

Source: Trading view

Harmony price weekly technical chart hints towards a consolidated momentum in price for the future. On the daily chart the coin has formed a strong bullish engulfing pattern on the daily chart.The downside momentum of Harmony can observe a bounceback from $0.15. Meanwhile, while going upwards the price can see a hostility near the value of $0.25.The moving average of the price has seen a positive crossover which can push it to a new high in future

The 100 DMA is near $0.12  which can act as a temporary support for the price. If the price of the coin goes 15 to 20% above the current level then a strong upside momentum can be seen. ONE/BTC pair can also observe a new high in upcoming days.

RSI(BULLISH): RSI for the Harmony is near 55.5 suggesting its presence in the overbought zone. There is a positive slope formation in the RSI which suggests a strong upside momentum for the future. The overall sentiment of RSI is bullish for the future.

Conclusion

ONE coin price has seen a strong bullish momentum which can push the price to a new high in the future. It can soon break above its all time high in the upcoming days. ONE/BTC pair can also see a strong upside momentum. One should do their due diligence before investing

Technical Levels

Major Support:$0.15

Major Resistance:$0.2

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Rajat is an MBA graduate specialized in finance who is a motivated self-starter, highly organized, and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. His primary focus is on cryptocurrency price analysis and industry news coverage.

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About this article

PublishedSeptember 25, 2021 5:02 pm
Last updatedJanuary 15, 2025 10:17 pm
Written byRajat Arya
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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