Harmony (ONE) is arms down the perfect performing token within the early phases of 2022. After breaking its December downtrend on the final day of 2021, the token has established some excellent bullish momentum, gaining practically 32% over the past 7 days. So, the place will the token go subsequent? First, some highlights.
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After a troublesome December correction, Concord (ONE) is now on an uptrend that would see it acquire as much as 50% in January.
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On the time of writing, the token was buying and selling at $0.3175, roughly 8% from its 2021 yearly highs.
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The platform has additionally invested closely in creating an NFT ecosystem that would assist enhance investor sentiment.
Knowledge Supply: Tradingview.com
Concord (ONE) – Value motion and prediction
It was largely anticipated that the crypto market would rebound in 2022 after a extreme correction on the tail finish of 2021. However whereas most cash have traded sideways at finest, Concord (ONE) is setting the tempo for progress.
The token is up 32% in every week, and we had been carefully watching to see if it breaks previous the $0.3 resistance. On the time of writing, ONE was already at $0.3175 and is consolidating round that worth. RSI readings additionally stay reasonable, suggesting that extra bullish exercise is but to come back.
We anticipate this uptrend to proceed in January and push Concord (ONE) in direction of its 2021 yearly highs. As of now, the subsequent upside resistance is round $0.32. It is probably that ONE may break previous that this week.
Why you should purchase Concord (ONE)
Buyers have in latest weeks been taking a look at various altcoins as the primary cryptos droop. Concord (ONE) is without doubt one of the most promising altcoins right now.
The platform can also be doing a little good work round NFT ecosystems, one thing that ought to assist keep optimistic investor sentiment. With a market cap of round $3.1 billion, there’s nonetheless quite a lot of potential for ONE.