- ONE coin price is currently observing a downside momentum and can soon hit a new low in the future. Meanwhile, it is trading with a loss of more than 8% in the intraday session.
- Technical indicators of Harmony suggests a strong downside momentum in price. In contrast, ONE/BTC pair is down by more than 4% in the past 24 hours.
One coin price is currently seeing a downside momentum in the daily chart which can lead it to a new low in the future. Harmony price is currently near the value of $0.154 and has seen a loss of more than 8% in the past 24 hours. The asset is currently down by more than 32% from its all time high. It has an ROI of more than 1500% which has benefitted various investors. The coin price bears are currently pushing it to test the lower limits, One can forecast that the Harmony price may reach a new high in the future.
Harmony market dominance along with the market cap is seeing downside correction. Meanwhile the volume of the coin has also seen a decrease in the past few days. The volume to market cap ratio of the coin suggests a downside momentum in momentum in price. One can invest in Harmony as per their needs and risk capacity.
Bears Of One Coin Price Are Looking To Push It Down
The weekly technical chart of the ONE coin price suggests a weak bearish momentum in price. Meanwhile it has observed a gain of more than 27% in a weekly time frame. Coming to the daily chart, the price is seeing a strong downside momentum. It has formed a strong bearish engulfing pattern. The resistance zone of Harmony while going upwards can be seen near $0.2. Meanwhile the support of the ONE price can be seen around $0.12. If the coin price jumps 15 to 20% above the current level then a strong upside momentum can be seen. ONE/BTC pair can also see a downside correction in future.
Conclusion
Harmony token price is currently seeing a downside momentum on the daily chart but can soon revert back to the uptrend. ONE/BTC pair can also see a strong upside momentum in price in future. One should do their due diligence before investing.
Technical Levels
Major Resistance: $0.2
Major Support: $0.12