Harmony (ONE) has seen a brutal final seven days. The coin has fairly actually tanked, however we’ve got began to see some restoration coming. However are these positive factors short-lived, or are we going to see a extra sustained surge within the coming days? Some evaluation right here beneath however first, some highlights:
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Concord (ONE) had declined by over 20% over the past 7 days however has since pared a few of these losses.
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At press time, the coin was buying and selling $0.1948, up by about 6% over the past 24 hours.
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For any bullish outbreak to come back by means of, ONE should overcome the essential resistance zone of $0.225.
Knowledge Supply: Tradingview
Concord (ONE) – Worth evaluation and prediction
The every day 24-hour surge reported by Concord (ONE) is kind of strong. The coin is up 6 % albeit it stays within the crimson over the week after a torrid 7-day interval. However regardless of this upward climb, the symptoms counsel that ONE nonetheless stays in bearish territory.
For starters, the coin is already beneath its 200-day SMA of $0.2. We need to see if the token can truly recuperate that vital threshold. It is going to additionally must surge previous the $0.22 resistance if we’re to see a sustained bullish run. But when this doesn’t occur, Concord (ONE) will fall again to its subsequent help zone of $0.163.
Is it the best time to purchase Concord (ONE)
The crypto market crash that we noticed in January this 12 months meant that the majority cash have dropped and dropped additional. ONE isn’t any totally different. The dip is actual, and this presents the right likelihood for buyers who’ve at all times wished to get in on a budget.
Moreover, the underlying fundamentals that again Concord (ONE) are all fairly respectable. For buyers trying into the longer term, that is one token you can not afford to disregard.
The put up Harmony (ONE) is recovering after a brutal week – Will we see a bull run? appeared first on Coin Journal.