ONE has been losing a lot of value over the last couple of weeks. The climax was over the last 6 days where ONE lost almost 60% of its value. Luckily enough, we’re seeing a strong rebound today which can lead to some sort of relief rally.

However, I think we have more downside coming our way in the coming months. In my view, the lows will be set around $0.017, which is a 95% drawdown from the all-time high and a typical top > low in bear markets.

Be cautious trading this rebound. Volatility can destroy your balance.