The price of Harmony (ONE) has shown bullish signs and could be set for a major run against Tether (USDT) as it eyes $0.04.\u00a0<\/p>\n
Ethereum price rallied with so much strength from a region of $1,670 to $1,924 ahead of Ethereum merge. This has brought relief bounces for many altcoins including the price of Harmony (ONE).<\/p>\n
Ethereum merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) so as to increase its network efficiency in transactions. (Data feeds from Binance)<\/p>\n
Harmony (ONE) Price Analysis On The Weekly Chart
\nONE Weekly Price Chart | Source: ONEUSDT On Tradingview.com<\/p>\n
From the chart, the price of ONE saw a weekly low of around $0.0168, which bounced from that area and rallied to a price of $0.02950.<\/p>\n
The price has built more momentum as it faces resistance at $0.037.<\/p>\n
If the price of ONE on the weekly chart continues with this bullish structure, it could quickly revisit\u00a0 $0.037 and trend higher to $0.04.<\/p>\n
Weekly resistance for the price of ONE \u2013 $0.03.<\/p>\n
Weekly support for the price of ONE \u2013 $0.0168.<\/p>\n
Price Analysis Of ONE On The Daily (1D) Chart
\nONE Daily Price Chart | Source: ONEUSDT On Tradingview.com<\/p>\n
The price of ONE found strong support at around $0.0266, with what seems to be an area of interest on the daily chart.<\/p>\n
ONE bounced from its support and has rallied as it faces resistance at $0.04. The price of ONE ranged in an asymmetric triangle before breaking out and forming support above it.<\/p>\n
At the point of writing, the price of ONE is at $0.02960, above the 50 Exponential Moving Average (EMA) with a price of $0.0266.<\/p>\n
If the price of ONE holds the support of $0.0266 successfully, we could see the price trending higher. If the price of ONE gets rejected, $0.0266, which corresponds with 50 EMA, will be good support for buys.<\/p>\n
The Relative Strength Index (RSI) for the price of ONE on the daily chart is above 65, indicating healthy buy bids for ONE.<\/p>\n
The volume for ONE indicates buy bids, this shows bulls would want to push the price higher.<\/p>\n
Daily (1D) resistance for ONE price \u2013 $0.04.<\/p>\n
Daily (1D) support for ONE price \u2013 $0.0266, 0.024.<\/p>\n
Price Analysis OF ONE On The Four-Hourly (4H) Chart
\nFour-Hourly Price Chart For ONE | Source: ONEUSDT On Tradingview.com<\/p>\n
The price of ONE has continued to maintain its bullish structure after a successful break above the asymmetric triangle and retesting to form a support.\u00a0<\/p>\n
ONE is trading above the 50 and 200 EMA with prices of $0.0258 and $0.0242 acting as its support on the 4H chart, should the price of ONE gets rejected due to the weekend sell-off.<\/p>\n
If the price of ONE holds above the support of 0.02790 with a good volume, we could see the price trending to $0.04. In case ONE experiences a sell-off, 50 and 200 EMA prices would act as support for ETH prices.<\/p>\n
Four-Hourly (4H) resistance for ONE price \u2013 $0.04.<\/p>\n
Four-Hourly (4H) support for ONE price \u2013 $0.0258, $0.0242.<\/p>\n
Featured image from TronWeekly, Charts from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
The price of Harmony (ONE) has shown bullish signs and could be set for a major run against Tether (USDT) as it eyes $0.04.\u00a0<\/p>\n
Ethereum price rallied with so much strength from a region of $1,670 to $1,924 ahead of Ethereum merge. This has brought relief bounces for many altcoins including the price of Harmony (ONE).<\/p>\n
Ethereum merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) so as to increase its network efficiency in transactions. (Data feeds from Binance)<\/p>\n
Harmony (ONE) Price Analysis On The Weekly Chart
\nONE Weekly Price Chart | Source: ONEUSDT On Tradingview.com<\/p>\n
From the chart, the price of ONE saw a weekly low of around $0.0168, which bounced from that area and rallied to a price of $0.02950.<\/p>\n
The price has built more momentum as it faces resistance at $0.037.<\/p>\n
If the price of ONE on the weekly chart continues with this bullish structure, it could quickly revisit\u00a0 $0.037 and trend higher to $0.04.<\/p>\n
Weekly resistance for the price of ONE \u2013 $0.03.<\/p>\n
Weekly support for the price of ONE \u2013 $0.0168.<\/p>\n
Price Analysis Of ONE On The Daily (1D) Chart
\nONE Daily Price Chart | Source: ONEUSDT On Tradingview.com<\/p>\n
The price of ONE found strong support at around $0.0266, with what seems to be an area of interest on the daily chart.<\/p>\n
ONE bounced from its support and has rallied as it faces resistance at $0.04. The price of ONE ranged in an asymmetric triangle before breaking out and forming support above it.<\/p>\n
At the point of writing, the price of ONE is at $0.02960, above the 50 Exponential Moving Average (EMA) with a price of $0.0266.<\/p>\n
If the price of ONE holds the support of $0.0266 successfully, we could see the price trending higher. If the price of ONE gets rejected, $0.0266, which corresponds with 50 EMA, will be good support for buys.<\/p>\n
The Relative Strength Index (RSI) for the price of ONE on the daily chart is above 65, indicating healthy buy bids for ONE.<\/p>\n
The volume for ONE indicates buy bids, this shows bulls would want to push the price higher.<\/p>\n
Daily (1D) resistance for ONE price \u2013 $0.04.<\/p>\n
Daily (1D) support for ONE price \u2013 $0.0266, 0.024.<\/p>\n
Price Analysis OF ONE On The Four-Hourly (4H) Chart
\nFour-Hourly Price Chart For ONE | Source: ONEUSDT On Tradingview.com<\/p>\n
The price of ONE has continued to maintain its bullish structure after a successful break above the asymmetric triangle and retesting to form a support.\u00a0<\/p>\n
ONE is trading above the 50 and 200 EMA with prices of $0.0258 and $0.0242 acting as its support on the 4H chart, should the price of ONE gets rejected due to the weekend sell-off.<\/p>\n
If the price of ONE holds above the support of 0.02790 with a good volume, we could see the price trending to $0.04. In case ONE experiences a sell-off, 50 and 200 EMA prices would act as support for ETH prices.<\/p>\n
Four-Hourly (4H) resistance for ONE price \u2013 $0.04.<\/p>\n
Four-Hourly (4H) support for ONE price \u2013 $0.0258, $0.0242.<\/p>\n
Featured image from TronWeekly, Charts from TradingView.com\u00a0<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-5510","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=5510"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5510\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=5510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=5510"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=5510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}