- ONE coin price is observing a bearish trend on the daily chart and can soon hit a new low in the future. Meanwhile, the coin is down by more than 2% in the daily time frame.
- Technical indicators Harmony hints towards a bearish momentum in the price for the future. In contrast, the ONE/BTC pair has seen a loss of more than 2.18% in the past 24 hours.
One crypto price is currently seeing a downside momentum but can soon revert to the uptrend in the future. Harmony price has seen a downslide of more than 2% in the intraday session and is trading near the value of $0.22. The asset price can soon break its all-time high value in a very less period of time. It has an ROI of more than 1500% which has benefitted various investors in a long period of time. The coin price bears are currently pushing it to test the lower limits. One can forecast that the Harmony price may soon see new highs in the near future.
Harmony market dominance along with the market cap is seeing a downside momentum despite a correction in the previous week. Meanwhile, the volume of the coin has also seen a decline in the previous week. The volume to market cap ratio of the coin is inclined towards a bearish trend in the price for the future. One can invest in Harmony as per their needs and risk capacity.
ONE Crypto Price Might Hit A New Low Soon
The weekly technical chart of the ONE crypto price hints towards a consolidated momentum for the future. Meanwhile, it is down by more than 5% in the weekly time frame. Coming to the daily chart, the asset is seeing a strong downtrend and can hit lower support in the future. It has formed a strong bearish engulfing pattern, which may push the price to a new low. The hostile region of the ONE can be found near $0.3. Meanwhile, the support of the ONE price can be seen around $0.12, while going down. If the coin price jumps 15 to 20% above the current level then a strong bullish momentum can be formed in the future. ONE/BTC pair can also observe a bearish trend in the upcoming days
Conclusion
Harmony token price is currently observing a downside momentum but can soon see a new high. ONE/BTC pair can also observe a strong bullish momentum in the future. One should do their due diligence before investing.
Technical Levels
Major Resistance: $0.25
Major Support: $0.12