Harmony Ecosystem (ONE) Is Growing, Soaring Drastically!

thecekodok

 Harmony, aims to revolutionize blockchain creation and is expected to introduce cross-shard contracts and cross-chain infrastructure by the end of 2021.


It can be seen that Harmony saw incredible potential producing a 135% jump to a recent all -time high (ATH) of $ 0.22 in the September trading session.


Recently, Harmony announced a $ 300 million fund to grow its ecosystem as well as has pushed the price movement soaring drastically.


Next, let's look at the ONE/USDT price movement chart.


When ONE’s analysis article was released last June, ONE was trading at the $ 0.08 price level, having consistently produced a 187% jump up to today’s trading session.



From a technical point of view, ONE is seen to be in a bearish state and is likely to head to the RBS (resistance become support) level of $ 0.16.


If ONE remains bearish, the $ 0.16 RBS (resistance become support) level will be tested first before continuing to decline to lower levels.


Meanwhile, if ONE returns to see a bullish trend, the $ 0.20 resistance level will be the next target to be tested before continuing the higher surge and making the latest ATH.


At the time of writing, ONE is trading at the $ 0.19 price level down over 3% in the last 24 hours. The coin is currently ranked 60th in the crypto chart.

Tags