The current value of RSI is 48.73 which is below the average RSI that is 45.37.

However, bears are taking advantage and pushing the RSI into the oversold zone. The buyers must work hard to get the RSI back to normal. The Relative Strength Index is approaching oversold territory. The technical indicator shows the following: The MACD and MACD signal have collapsed indicating the positive cross. The investors are eagerly waiting for any directional change over the price of the coin. This might lead to a price breakthrough the primary resistance of $0.02308 and this price could break up to the secondary resistance of $0.03001. If the bulls could make it upto the plate. This may lead the price to reach primary support of $0.01878, if the bull’s calmness from earlier sessions holds, the price may drop towards the secondary support of $0.01792. The current price of Harmony is at $0.02118 and the total drop in price of ONE in the last 24-hours is 6.96% which is an indication of a bearish trend.The bears seem to enter the trade. Over a long period of time ONE is facing such fluctuating price the drastic movement of the price of the ONE over the daily price chart could make whales move and that could be a turning point for the Harmony and could bring new hopes to the investors The coin could barely survive in such circumstances and this will bring new hurdles for the investors to make any further. The Harmony is facing such a volatile market this unpredictable changes could bring the ONE ’s potential down.

The pair of ONE/BTC is at 0.0000001039 BTC with rise of 1.33%.The Harmony has lost approx 6.96% in the intraday trading session.Will the harmony survive such volatile market.

Harmony one crypto analysis