- Harmony (ONE) skilled a ten+% enhance in value over the past 24 hours.
- ONE’s value rose by 12.25% on the time of writing and has climbed to its present value at $0.02366.
- The double-digit enhance in value over the past 24 hours can be accompanied by an unbelievable 82% decide up in buying and selling quantity.
The one hundredth largest crypto by market cap, Harmony (ONE), skilled a ten+% enhance in value over the past 24 hours in accordance with CoinMarketCap.
Harmony ONE’s value rose by 12.25% on the time of writing and has climbed to its present value at $0.02366. This comes after it set a 24-hour excessive at $0.02471 and a 24-hour low of $0.02114.
The double-digit enhance in value over the past 24 hours can be accompanied by an unbelievable 82% pick-up in buying and selling quantity over the identical time interval, as the whole 24-hour buying and selling quantity stands at $113,602,246.
The 4-hour chart for ONE/USDT exhibits how the value of ONE has rallied from simply above the 20 (*24*) Moving Average (EMA) line at $0.01925 to as excessive as $0.02519 earlier than retracing barely to its present degree.
The degree at $0.02519 is a significant resistance degree on ONE’s 4 hour chart as might be seen by the promote stress that ONE’s value skilled as it approached it. Nevertheless, the Relative Strength Index (RSI) is positioned above the RSI SMA line and is sloped positively, however isn’t as positively sloped as it was the earlier 4-hour candle.
Furthermore, the RSI can be in overbought territory. There remains to be room for consumers to return in earlier than ONE’s RSI heads into overbought territory on the 4-hour chart. However, there could also be a slight pull again earlier than an extra transfer upwards to aim to flip the resistance degree into help.
Although the RSI is positioned above the RSI SMA, it’s sloped in the direction of oversold territory as it seems to shut the margin that exists between itself and the RSI SMA. Furthermore, the 9 MA and 20 MA are virtually touching one another, which may outcome in a bearish cross on the day by day chart if bulls don’t step in.
Disclaimer: The views and opinions expressed in this text are solely the writer’s and don’t essentially mirror the views of CoinQuora. No info in this text needs to be interpreted as funding recommendation. CoinQuora encourages all customers to do their very own analysis earlier than investing in cryptocurrencies.
