Harmony (ONE) is fingers down the perfect performing token within the early levels of 2022. After breaking its December downtrend on the final day of 2021, the token has established some excellent bullish momentum, gaining almost 32% during the last 7 days. So, the place will the token go subsequent? First, some highlights.
After a troublesome December correction, Concord (ONE) is now on an uptrend that might see it achieve as much as 50% in January.
On the time of writing, the token was buying and selling at $0.3175, roughly 8% from its 2021 yearly highs.
The platform has additionally invested closely in creating an NFT ecosystem that might assist enhance investor sentiment.
Knowledge Supply: Tradingview.com
Concord (ONE) – Value motion and prediction
It was largely anticipated that the crypto market would rebound in 2022 after a extreme correction on the tail finish of 2021. However whereas most cash have traded sideways at greatest, Concord (ONE) is setting the tempo for development.
The token is up 32% in per week, and we have been carefully watching to see if it breaks previous the $0.3 resistance. On the time of writing, ONE was already at $0.3175 and is consolidating round that value. RSI readings additionally stay reasonable, suggesting that extra bullish exercise is but to return.
We count on this uptrend to proceed in January and push Concord (ONE) in the direction of its 2021 yearly highs. As of now, the following upside resistance is round $0.32. It is seemingly that ONE may break previous that this week.
Why you should purchase Concord (ONE)
Traders have in current weeks been various altcoins as the primary cryptos droop. Concord (ONE) is likely one of the most promising altcoins right this moment.
The platform can also be performing some good work round NFT ecosystems, one thing that ought to assist keep optimistic investor sentiment. With a market cap of round $3.1 billion, there may be nonetheless lots of potential for ONE.