Harmony price prediction highlights that ONE crypto is trying to sustain itself at the coin’s current level of 0.01286 to retest the hurdles above. This month the ONE coin price trend was bearish as the price was down by 14.91%. The ONE coin price underperformed this month. The ONE coin price has seen an increment in its price by 29% in the last six months which highlights its good performance. Moreover, the ONEcoin price year-to-date return is positive with an increase of 29%.
Source: ONE/BINANCE USD.1D.BINANCE by TradingView
On the day of publishing, the ONE price is trying to sustain itself at the current level on the 1D chart. The ONE price is trading below the 50, 100 & 200-day EMA (exponential moving average), which is acting as a hurdle, and trading above the 20 EMA which is acting as a support and pushing the ONE price trend upwards. There is a possibility that the ONE coin price will increase further in the forthcoming week if the bulls push the price up. The MACD indicator summarizes the upward momentum of the ONE coin price. The MACD line at -0.00025 and signal line at -0.00050 suggest that the MACD is giving bullish signals as the MACD line is above the signal line.
The current value of RSI is 51.64 points. The 14 SMA line is currently close to the median line at 45.56 points which indicates bullish sentiment in the market. As the price is heading toward overbought territory, the market is encountering bullish sentiment currently. The technical parameters of the ONE coin price suggest the continuation of the uptrend over the daily time frame chart. The ONE coin price reflects an optimistic view at the moment. Major legitimate indicators MACD, RSI, and EMA flaunt positive signals about the ONE coin.
The trading volume of ONE coin is $11,814,727 in the last 24 hours, highlighting a 16.30% increase from one day ago and signaling a recent rise in market activity.
The price has respected its significant trendline forming a downward channel that recently gave a breakout from the trendline. The price is at the support zone. If the price breaks the resistance line, it will move upwards toward the next resistance.
Harmony price prediction highlights the sentiments and perspectives of investors and traders regarding the ONE coin price being bullish in the 1D timeframe. The ONE price reflects an optimistic view at the time of publishing. The technical parameters for the ONE price indicate bullish pressure.
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.