ONE Stoop to $0.01 – Is It a Sleeping Large?

Concord (ONE), a blockchain firm bridging the hole between scalability and decentralization, has been on a downward pattern since August 24.

Earlier at the moment, the token tried to bounce again, growing from a low of $0.00995 to $0.109. Since then, the token has oscillated between $0.0108 resistance and $0.0100 short-term help stage.

Regardless of its positive aspects within the final seven days by 2%, Concord (ONE) has decreased 14% previously 30-day buying and selling interval. As of 10:32 AM EST, the coin is buying and selling at $0.0099, representing a 1% worth drop within the final 24 hours.

Additionally, its 24-hour buying and selling quantity, which sits above $6.57 million, is bleeding considerably by over 50%, suggesting low investor curiosity available in the market.

Nonetheless, taking a look at latest developments, there are doable indicators that the coin might be making ready for a retracement.

On August 23, the mission crew tweeted on the X platform, celebrating a major milestone. In response to the Tweet, regardless of being on a bearish pattern, the “Uniswap V3 on Concord” is recording a quantity of $30,000 and 5,000 Swaps.

Swap continues to hit milestones🏆

Uniswap V3 on Concord pic.twitter.com/DhwzWuyhxq

— Concord 💙 (@harmonyprotocol) August 24, 2023

Nonetheless, the publish didn’t point out if this rising quantity is favorable to the asset, however speculations level out that this replace might wake the sleeping big.

Concord ONE’s Bearish Momentum is Weakening Amid General Bearish Market Development

Within the chart above, ONE’s general market pattern is bearish, given its worth place under the important transferring averages (Easy Transferring Common). Because of this, its promoting stress has elevated, evident within the crimson candle formation.

Additionally, the coin’s Relative Power Index (RSI) is at 36.36, transferring sideways. This reveals no important promoting exercise has pushed the market towards the oversold area (under 30). But, its downtrend suggests additional worth drops earlier than at the moment ends.

Conversely, ONE’s Transferring Common Convergence Divergence has aligned with the sign line and has crimson pale histogram bars. This depicts {that a} shift from bearish to bullish momentum is inside attain. Earlier than the subsequent few days, the coin’s MACD might change into bullish.

Concord ONE Sits Close to the Help Stage at $0.00980 – Will Patrons Are available?

ONE’s downtrend is projecting developments towards its important help stage at $0.00980. Patrons looking for to amass the coin affordably might transfer in if the coin’s worth reaches this stage, triggering a bounce.

Nonetheless, suppose the autumn intensifies contemplating the technical indicators and the coin breaks under this help stage. In that case, concern might creep in, inflicting merchants and traders to halt their actions and search for the subsequent motion. In the meantime, given ONE’s resistance at $0.01030, the coin has the potential to rally once more shortly. 

Wall Road Memes (WSM) Driving Forward of Different Meme Cash

Wall Road Memes ($WSM) has taken the crypto meme sector by storm, showcasing outstanding progress and success in its latest presale. Over the previous two months, the mission has garnered important investor pleasure, positioning itself as a revolutionary power inside the crypto meme area of interest. 

With a formidable presale milestone of $25 million, WSM has gained enthusiastic help from its on-line group, attracting extra traders to its trigger. 

Additionally, with the introduction of their newest Stake-to-Earn function, traders can stake $WSM and obtain rewards, fostering worth equilibrium and stimulating buying and selling.

WSM Places Last Name Throughout to Buyers as Presales Ends In 32 Days

Buyers anticipate a considerable surge in $ WSM’s market worth upon itemizing on crypto exchanges, owing to its important presale achievements. Regardless of little will increase within the promoting worth all through its 30 presale phases, the mission has constantly achieved outstanding success in every step. 

The present presale, now in its ultimate section, has exceeded $25 million. Valued at $0.0337 per token, the $WSM presale is about to conclude in roughly 32 days. 

To boost accessibility and liquidity, the mission’s founders have dedicated to launching $WSM on a number of tier-one centralized crypto exchanges (CEX). 

After the preliminary coin providing (ICO) concludes, traders can get rapid particulars on the right way to get their WSM tokens by means of the mission’s social media channels. 

The hype on social media is already tremendous excessive, with famend vloggers reviewing the mission’s efficiency since its inception till now. A preferred YouTube channel with over 450k subscribers even quoted WSM as a verified, legit, and prime coin to put money into.   

In gentle of the widespread curiosity, crypto fans all in favour of becoming a member of the motion can take part through the official web site. 

Potential traders can join their wallets and purchase their most well-liked quantity of $WSM utilizing fiat currencies, ETH, or USDT. 

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