- Concord (ONE) skilled a ten+% improve in value over the past 24 hours.
- ONE’s value rose by 12.25% on the time of writing and has climbed to its present value at $0.02366.
- The double-digit improve in value over the past 24 hours can be accompanied by an unbelievable 82% decide up in buying and selling quantity.
The one hundredth largest crypto by market cap, Concord (ONE), skilled a ten+% improve in value over the past 24 hours in keeping with CoinMarketCap.
Concord ONE’s value rose by 12.25% on the time of writing and has climbed to its present value at $0.02366. This comes after it set a 24-hour excessive at $0.02471 and a 24-hour low of $0.02114.
The double-digit improve in value over the past 24 hours can be accompanied by an unbelievable 82% pick-up in buying and selling quantity over the identical time interval, as the overall 24-hour buying and selling quantity stands at $113,602,246.
The 4-hour chart for ONE/USDT exhibits how the worth of ONE has rallied from simply above the 20 Exponential Shifting Common (EMA) line at $0.01925 to as excessive as $0.02519 earlier than retracing barely to its present degree.
The extent at $0.02519 is a serious resistance degree on ONE’s 4 hour chart as might be seen by the promote stress that ONE’s value skilled because it approached it. However, the Relative Energy Index (RSI) is positioned above the RSI SMA line and is sloped positively, however is just not as positively sloped because it was the earlier 4-hour candle.
Moreover, the RSI can be in overbought territory. There’s nonetheless room for patrons to return in earlier than ONE’s RSI heads into overbought territory on the 4-hour chart. Nonetheless, there could also be a slight pull again earlier than an extra transfer upwards to aim to flip the resistance degree into assist.
Though the RSI is positioned above the RSI SMA, it’s sloped in the direction of oversold territory because it seems to be to shut the margin that exists between itself and the RSI SMA. Moreover, the 9 MA and 20 MA are nearly touching one another, which may lead to a bearish cross on the each day chart if bulls don’t step in.
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