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Thursday, December 1, 2022
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    HomeMarketHarmony (ONE) is recovering after a brutal week – Will we see...

    Harmony (ONE) is recovering after a brutal week – Will we see a bull run?

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    Harmony (ONE) has seen a brutal final seven days. The coin has fairly actually tanked, however we now have began to see some restoration coming. However are these features short-lived, or are we going to see a extra sustained surge within the coming days? Some evaluation right here beneath however first, some highlights:

    • Concord (ONE) had declined by over 20% over the past 7 days however has since pared a few of these losses.

    • At press time, the coin was buying and selling $0.1948, up by about 6% over the past 24 hours.

    • For any bullish outbreak to come back by, ONE should overcome the essential resistance zone of $0.225.

    Information Supply: Tradingview

    Concord (ONE) – Worth evaluation and prediction

    The each day 24-hour surge reported by Concord (ONE) is sort of sturdy. The coin is up 6 % albeit it stays within the purple over the week after a torrid 7-day interval. However regardless of this upward climb, the symptoms recommend that ONE nonetheless stays in bearish territory.

    For starters, the coin is already beneath its 200-day SMA of $0.2. We need to see if the token can really get well that essential threshold. It can additionally must surge previous the $0.22 resistance if we’re to see a sustained bullish run. But when this doesn’t occur, Concord (ONE) will fall again to its subsequent assist zone of $0.163.

    Is it the suitable time to purchase Concord (ONE)

    The crypto market crash that we noticed in January this yr meant that almost all cash have dropped and dropped additional. ONE isn’t any completely different. The dip is actual, and this provides the proper probability for buyers who’ve all the time wished to get in on a budget. 

    Apart from, the underlying fundamentals that again Concord (ONE) are all fairly first rate. For buyers wanting into the long run, that is one token you can not afford to disregard.

    The put up Harmony (ONE) is recovering after a brutal week – Will we see a bull run? appeared first on Coin Journal.



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