Harmony Price Analysis: ONE Coin Price Seems Ready To Continue Its Rally 

Brian Bollinger
November 21, 2021 Updated July 17, 2025
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ONE coin

The overall trend ONE/USD price remains bullish; however, for the last three weeks, the coin was going through a retracement phase which now obtained good support from the $0.227 support. If the price could rechallenge the previous All-TIme High of $0.38, the coin would have a good chance to continue its rally.

Key technical points:

  • The ONE coin price reclaimed the 20-and-50-day EMA line
  • The ONE price gave a breakout from a falling parallel channel pattern in the four-hour time frame chart
  • The intraday trading volume in the ONE coin is $392.1 Million, indicating a 73.8% gain

TradingView Chart

Source- ONE/USD chart by Tradingview

As mentioned in my previous article on ONE/USD, the coin price faced strong rejection from the $0.38 resistance and entered the retracement phase. This pullback dropped the coin price back to the $0.227 support, where it obtained sufficient demand pressure to continue its rally. 

According to crucial EMAs(20, 50, 100, and 200), the overall trend of this coin is bullish. Moreover, the ONE price also managed to reclaim the 20 and 50 EMA lines.

The Relative Strength Index(54) indicates a bullish sentiment in the coin. Moreover, the RSI line has also breached its resistance trendline, projecting the growing strength of the market buyers.

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ONE/USD Chart In The 4-hour Time Frame

TradingView Chart

Source- ONE/USD chart by Tradingview

The ONE coin resonated in a falling parallel channel pattern in the 4-hour time frame chart. The coin price gave a bullish breakout from this pattern providing a great confirmation for a bullish reversal. 

The coin price retraces back to obtain support from the descending trendline, which should validate this breakout and help the coin to reach the All-Time High resistance of $0.38.

As per the traditional pivot levels, the crypto trader can expect the nearest support level for this coin at $0.285. And on the flip side, the resistance levels are $0.33 and $0.365.

 

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian (at) coingape.com
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.