Price Analysis

Will HBAR Price Resume A Bullish Trade? What’s the Destiny of ENJ And ONE?

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Highlights

    Hedera Hashgraph has all the qualities to transform into an uptrend. Will it happen?

    ENJ hits high at $1.51, will a new high outgrow today?

    ONE price hits a flat line at $0.08. Up or down?

HBAR Price Gets Breezy On Swings

The price movements of HBAR we’re fluctuating for the past couple of days. Yet, it stays intact within a range between $0.20 and $0.22. On June 7th, when the prices collapsed, this altcoin deviated from its ascending channel and hit lows intensely. The support levels took an overturn from this very downtrend.

HBAR

At the time of typing, the HBAR price is $0.209. In the early hours, the price rose to $0.211 but got pulled back shortly. It plunged to $0.204 and is currently surging. If it successfully changes course from the descending channel, then the price may surge to $0.210. However, if the momentum ceases, the price might fall near $0.206.

Technical Specifications

  • The resistance value is $ 0.213
  • The support value is $ 0.209
  • The indicators point out a sell signal.

ENJ Price Hits High For A Fall?

The Enjin coin flipped a shift in price range, when it deeply plunged from $1.264, in the past few days. However, today, from then the price was sailing near $1.30, with no much momentum. In no time, the Enjin price was approaching a downtrend. But surprisingly, the price hit a new high today!

ENJ

At the time of typing, the ENJ price is $1.485. In the early hours, the price shifted to $1.280 and unexpectedly hit $1.514, with a single bullish candle. In the coming hours, the momentum might cease, sending the price down to $1.40. In contrast, if an influx that marks a high close occurs, the bulls may rally further to $1.55.

Technical Specifications

  • The resistance value is $ 1.353
  • The support value is $ 1.288
  • The indicators point out a neutral signal.

ONE Price Might Slide Upwards

Onecoin, the native cryptocurrency of Harmony network is again set off to resume trading at its $0.1. Will it succeed? Yesterday, when the bulls were approaching this juncture, the Onecoin price flipped into a descending channel and fell to $0.083. Though, today’s trade commenced being bearish, the price is heading north.

ONE

At the time of typing, the ONE price is $0.0828. In the early hours, the price collapsed further to $0.080. If some bulls accumulate, the price might easily hit $0.085 making the milestone journey easy. However, if the bears outgrow the bulls, the price can dip to the existing range or stay flat at $0.083 for a while. 

Technical Specifications

  • The resistance value is $ 0.0831
  • The support value is $ 0.0825
  • The indicators point out a sell signal.

Also read: Bitcoin Price Prediction: Will BTC Price Reach $100K By 2021?

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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