Brief Analysis ——ONE
Today we will share a brief analysis of 3 old-school tokens. They are ADA, ATOM and ONE.
After the rise in early 2023, the price began to fall since February, during which the bulls strengthened and there was a clear rebound, but finally, the fall covered all the gains in 2023. The subsequent rebound was similar to ATOM. The magnitude of the overall rebound was low, and in the process, the pullback was obvious. ONE has maintained a decline for nearly a week, and approached the green dotted line. But compared to ATOM, the trading volume of ONE during the rebound was larger than before and the swap of the chips increased.
Conclusion: Mostly falling. ONE is maintained bearish on a large scale and the bears is stronger on a small scale, so we believe that ONE will continue to fall. We set resistance level at 0.0144 and support level at 0.0100.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
After the rise in early 2023, the price began to fall since February, during which the bulls strengthened and there was a clear rebound, but finally, the fall covered all the gains in 2023. The subsequent rebound was similar to ATOM. The magnitude of the overall rebound was low, and in the process, the pullback was obvious. ONE has maintained a decline for nearly a week, and approached the green dotted line. But compared to ATOM, the trading volume of ONE during the rebound was larger than before and the swap of the chips increased.
Conclusion: Mostly falling. ONE is maintained bearish on a large scale and the bears is stronger on a small scale, so we believe that ONE will continue to fall. We set resistance level at 0.0144 and support level at 0.0100.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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