Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). This network aims to innovate in the operation of decentralized applications by focusing on the decentralized random state, allowing the generation of blocks in a few seconds. Let us <a href="https://www.cryptoknowmics.com/news/one-technical-analysis-may-soon-fall-below-the-first-support-level-point-of-0-103/">look at the technical analysis</a> of ONE.
<h2><b>Past Performance </b></h2>
The current market price of Harmony is $0.093, there is an upsurge of 1.30% in the trading price in the last 24 hours. During last week, there has been an approximate increase of 7.62% in the price. In the last 24-hours trading volume of ONE is $9,56,44,088.

<img src="https://s3.tradingview.com/snapshots/y/Yo1zlgQX.png" alt="TradingView Chart Snapshot" />

<a href="https://www.tradingview.com/x/Yo1zlgQX/">https://www.tradingview.com/x/Yo1zlgQX/</a>
<h2><b>ONE Technical Analysis</b></h2>
Currently, the <strong>RSI</strong> is at 61.35%. It has tested 67.91% and fallen back to this level. The buying pressures are high on this horizon as the RSI is above the equilibrium. Thus, a bearish divergence indicates that the price will fall for the rest of the day. However, we have to wait and watch to see, if the RSI respects previous support levels or not.

On the daily chart, the <strong>OBV</strong> is in a constant trend, suggesting the volume trading of ONE is balanced. Moreover, the market is in a neutral zone. This leaves the market in high unpredictability.

<strong>MACD and EMA</strong> are close to the range of zero. Moreover, the <strong>MACD line</strong> is crossing over the signal line and entering the positive zone. Therefore, the market sentiments are bullish on the long-term chart, and we can expect the ONE price to further rise on the daily level.

The current trading price is above the <strong>FIB pivot point</strong> of $0.088. The market is currently in the neutral zone, if the buying pressure continues the price might breach the level of $0.094 which is the immediate resistance level. Once the price breaks this level, it will highlight the next resistance level, which is at $0.105.

However, if the price falls from the FIB resistance level, it will try to take support at $0.082, $0.078, and $0.072.
<h2><b>Day-Ahead and Tomorrow </b></h2>
The market is in a bullish phase as suggested by the indicators. Thus, we can expect the price to further rise for the rest of the day. However, we can not rule out the possibility of a trend reversal.

ONE Technical Analysis: If the Price Falls from FIB Resistance Level, Support at $0.082, $0.078 and $0.072

The Harmony (ONE) market is in a bullish phase as suggested by the indicators. Thus, we can expect the price to further rise for the rest of the day. However, we can not rule out the possibility of a trend reversal.  

Ankita is reading geek by birth, she loves to read and write about finance and now cryptocurrencies and blockchain since 2017. A Bitcoin enthusiast ever since, she likes to understand businesses and how they affect everything else. Ankita contributes on our news bulletin with the latest happening in blockchain, crypto and ICO market specifically.

ONE Technical Analysis: If the Price Falls from FIB Resistance Level, Support at $0.082, $0.078 and $0.072

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