Harmony Could Dive Further amid Overall Nervousness in the Crypto Market
Harmony (ONE) is down 21.1% this week to $0.01277, following Bitcoin (BTC), which dropped 11.0% to $83,900. The broader crypto market briefly rallied on Sunday after U.S. President Donald Trump announced the long-awaited U.S. strategic crypto reserve. However, his decision to impose new tariffs on Mexico, Canada, and China on Tuesday erased most of the gains.
ONE surged above $0.01500 on Sunday but failed to maintain this key level. Technically, prices are now being pulled toward $0.01000, with temporary support from the ascending channel. However, sustained market pressure could push prices even lower in the near term.
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