![]() We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.ĭo your own due diligence and rating before making any investments and consult your financial advisor. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. This is for educational and informational purposes only. The information discussed by Altcoin Buzz is not financial advice. Plans start at only $99 per monthįor more information on cryptocurrency, visit the Altcoin Buzz YouTube channel. To be bullish in the near term, ONE‘s daily or weekly price candle must close above $0.023.Īnd for our best, freshest research on NFT buys, Layer 1 chains, DeFi, or games, come check out Altcoin Buzz Access. If this level is broken, a surge to $0.03 may follow. The decline is invalidated if the $0.023 barrier is breached. The bulls must drive up the price over $0.019 in order to prevent the bears from lowering it below $0.014 in response to negative news. Moving forward, it might consolidate between the $0.014 weekly support level and the $0.019 weekly resistance level. Since reaching an all-time high of $0.37, it has decreased by 95%. Since January 2022, the price of ONE has been falling, and it is currently around $0.017. Let’s analyze the price levels for ONE to determine how much the hack news has affected the price. The parallels between the two cross-chain bridge attacks are mentioned as one sign of Lazarus’ possible involvement. The Horizon bridge, a cross-chain bridge between Bitcoin, Ethereum, and the Binance Chain, was where Harmony’s breach took place. The team behind Harmony announced it would give a $1 million reward to anyone with information about the hackers after they stole $100 million worth of cryptocurrency from the company on Friday. However, since the developers revealed a significant hack of its bridge network, the ONE price has fallen. In Harmony, the average transaction takes 2 seconds to complete, and each one costs $0.0001. Harmony is a major blockchain initiative that enables developers to create ultra-fast and low-cost applications.
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