Harmony Technical Analysis | One Technical Analysis

Harmony, a blockchain platform that aims to facilitate the making and use of decentralized applications (dApps). The platform seeks to pave the way dApps are working by developing the random state sharding method that helps in creating new blocks within seconds.

The live ONE token price today is $0.2739 with an intraday trading volume of $406,708,714. It is down by 13.30% in the last 24 hours. With a live market cap of $3.17 Billion, the coin ranks 5th largest crypto in Binance Launchpad.

The ONE coin price fails to rise above the resistance zone near $0.34 that acts as the neckline of the rounding bottom pattern. The rejection results in a 20% downfall and drives the price back to $0.26. However, the demand near the support level at $0.26 and the rounding button support curve increases the chances of lower price rejection. 

Let’s have a deepened insight into the technical analysis of ONE Token and see what the indicators have to say about it.