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Harmony Price Analysis: ONE Coin Price Shows Stability Above 50-EMA

  • The ONE coin price sustains above the 50-EMA on the intraday session.
  • The 24-hour trading volume is at $162 million.
  • ONE/BTC pair is trading negative by -1.5% at 0.00000457 BTC.

Moving Average (EMA) containing 20,50,100,200 In the ONE coin daily price chart, it is a reliable support for currency price trends. Investors can find that price is trying to sustain above the yellow line and can guarantee an uptrend as long as prices are above the moving average.

The volume (97.760 M) is below the 20-day moving average (307.625 M). The volume is low, so the cost has been struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.

ONE Coin Price Trend Accumulates in a Range

The daily price chart of the ONE coin moves around the support zone. Depending on the price action, the support area is within $0.18. On the flip side, the resistance range to look for is around $0.36.  

The Stochastic RSI showed a K-30 and D-40 followed by a (bearish) crossover with a short-term sell sign. Investors may find that the indicator’s RSI line is running upside. A surge can happen on future trading days.

The MACD shows a (bearish) cross below the signal line on November 27, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.

Conclusion

Harmony price today is $0.263009 with a 24-hour trading volume of $162,736,794. ONE price is up 3.6% in the last 24 hours. It has a circulating supply of 11 Billion ONE coins and a total supply of 13.2 Billion.

The Stochastic RSI shows a sell sign, and MACD indicates a sell signal. Traders have directed low volume. In fact, the cost breaks below the pivot zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.

Resistance Level: $0.36

Support Level: $0.18

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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.