ONE BTC Harmony Technical Analysis

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By Frans van Elst

Harmony logo In this Harmony technical analysis, we will examine the current price action, trading volume, key levels and indicators for ONE-BTC. Harmony (ONE) is a fast and secure blockchain platform that enables decentralized applications and cross-chain interoperability. Its novel consensus algorithm, called “Absolute Consistency,” ensures the integrity of transactions and prevents fraudulent activity. With ONE, developers can build and deploy scalable dApps with ease, unlocking new use cases for blockchain technology.

Harmony Price Overview:

As of May 17, 2024, Harmony is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ONE-BTC:

Navigate Harmony’s (ONEBTC) potential downturns at 3.00e-07 BTC with bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 2,562,643.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): Harmony reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for ONE-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, Harmony is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) -3.23%
3D Change (%) 0.00%
7D Change (%) -9.09%
30D Change (%) -6.25%
90D Change (%) -9.09%
YTD Change (%) -31.82%

Over the past three days, ONEBTC has decreased by approximately 0.00%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -9.09%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ONEBTC maintaining a downward trend of approximately -6.25%, despite intermittent fluctuations. Examining the last 90 days, ONEBTC has witnessed substantial fall of approximately -9.09%, reflecting strong long-term confidence. Year-to-date, ONEBTC has steadily depreciated by around -31.82%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Harmony Live Chart:

You can access a live price chart for ONE-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.46126.
  • Momentum score is -0.09091.

ONE BTC Technical Analysis

Harmony Trading Volume:

The trading volume for Harmony (ONE) over the past 24 hours has been insignificant, with approximately 2,562,643.00 BTC traded against ONE. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): ONE is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Harmony is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ONE-BTC is currently in the low zone, around 41.52338. This suggests that Harmony is in bearish territory.

Analysis from TradingView:

Our Key Takeaways:

Harmony (ONE-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.

Navigate Harmony’s (ONEBTC) potential downturns at 3.00e-07 BTC with bearish technical analysis, emphasizing weakened support and cautionary indicators.

Take your understanding to the next level with our extensive analysis of ONE USDT Harmony Technical Analysis; if you enjoyed this post, you’re in for a treat!

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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