Should You Buy Harmony (ONE) Sunday?

Sunday, August 14, 2022 06:04 AM | InvestorsObserver Analysts

InvestorsObserver gives Harmony an average short-term technical score of 38 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. ONE has currently traded better than 38% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving Harmony a 38 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Harmony!

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Trading Analysis

Harmony is $0.011794 (62.78%) higher than its 30-day low price of $0.018784937 while also -$0.003105 (-9.22%) lower than its high of $0.03368346 from the past month of trading. Meanwhile, ONE's current price of $0.030578787 is above its average price of $0.023961922 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Harmony suggest that traders are currently neutral on the coin. ONE has a average market cap compared to the majority of coins with a total market value of $379,940,340.69. The market valuation for Harmony is relatively average due to the largest 100 cryptos having a market cap above $1 billion and ONE sits underneath that mark but remains above $100 million in market capilization. Harmony's average volume is average as $480,327,144.31 worth of the coin is typically traded over a 24 hour period. The volume for ONE is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours ONE's volume is below its average with $69,673,469.33 exchanged.

Summary

Harmony's trading over the past 30 days leads to its an average short-term technical score due to recent price movement suggesting more neutral signals for traders on the coin in the near future. Click Here to get the full Report on Harmony (ONE).