您现在的位置是:Harmony (ONE) nears a crucial demand zone – is a bull run finally here? >>正文
Harmony (ONE) nears a crucial demand zone – is a bull run finally here?
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛9人已围观
简介The macroeconomic picture and increased geopolitical pressure have seen Harmony (ONE)drop quite sign...
The macroeconomic picture and increased geopolitical pressure have seen Harmony (ONE)drop quite significantly since January. Although there have been periods where the token has threatened to rise, it has always come crashing back down. But is this about to change? Here are some highlights first:
Harmony (ONE) has established a strong demand zone between $0.106 and $0.121.
At press time, the coin was slightly trading above that at $0.125.
If ONE enters that zone, we could see some increased buying from bulls.
Data Source: Tradingview
Harmony (ONE) – Is a bull run feasible?
As noted above, for most parts of 2022, Harmony (ONE) has largely been on a downtrend. It is highly unlikely that this bearish trend will reverse in the near term. As it is, sentiment in the crypto market remains largely fearful as investors weigh in increased macroeconomic and geopolitical pressures.
But short-term bull runs are still possible for Harmony (ONE). The coin is currently headed to an important demand zone of between $0.106 and $0.121. This is likely going to trigger a bullish run that could push ONE towards $0.164 in the near term.
This will represent a 30% gain from the current price, which at press time was $0.125. But sustained gains above $0.164 will be highly unlikely. ONE is likely to pull back once it tests that price and try to find more demand once again.
Why is Harmony (ONE) undervalued?
The key for any investor is to find a crypto asset that is undervalued, and Harmony (ONE) is one of them. The coin has fallen sharply from all-time highs and has been reporting losses for most parts of 2022.
But the project still has a lot of potentials, and the underlying fundamentals are very good. In fact, the general outlook for Harmony in 2022 is still very positive despite recent turmoil. It is a great asset to grab right now.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/383315.html
相关文章
Here is a technical outlook on Dogecoin (DOGE) and what a top analyst thinks
Harmony (ONE) nears a crucial demand zone – is a bull run finally here?Dogecoin(DOGE) and its sister meme coin Shiba Inu (SHIB) will go parabolic once a bull market return...
阅读更多
Decentralisation is beautiful, but it also has ominous downsides
Harmony (ONE) nears a crucial demand zone – is a bull run finally here?Sanctions.Unquestionably a buzzword within cryptocurrency circles – alongside censorship, regu...
阅读更多
Institutional investors showing ‘continued hesitancy’: report
Harmony (ONE) nears a crucial demand zone – is a bull run finally here?Crypto funds saw a third straight week of inbound investments last week. However, CoinShares’...
阅读更多
热门文章
- BNB/USD hits $32.00 after strong rally driven by DeFi
- FTX insolvent
- Cardano outperforming major altcoins as price jumps 10%
- 5 applications of blockchain technology beyond crypto
- Ripple (XRP) consolidating above $0.23 but at risk if bears break major support level
- The MRST token is now available for purchase on OKX
最新文章
British interest in crypto down 82% this year
OANDA review: is it a good broker for USA traders?
2022 biggest year for hackers with $3 billion in crypto already stolen
Kitsumon Launches NFT Breeding Gameplay
Bitpanda review: all you need to know
Binance wants to bring Twitter into web3, says Changpeng Zhao