This Harmony (ONE) price prediction article is purely based on the opinion of CNL alone. In this article, you will see and learn the analysis we have considered in this ONE price prediction.
Read CRYPTONEWSLAND onThe crypto world is now back on its feet right now as it successfully pulls itself away from the bearish territory. In fact, the total market cap of the whole crypto space now amounts to almost $3 trillion.
The bullish position of Bitcoin is one of the contributing factors in the recent price surge of the crypto market. Currently, the total market cap of Bitcoin amounts to almost $3 trillion which is 41% of the whole market cap of the crypto space.
However, Bitcoin cannot do this alone, it needs the help of other crypto assets in the crypto market. Harmony (ONE) is one of the crypto assets in the space that contributes well in this recent uptrend position of the crypto market.
Is Harmony (ONE) a good investment and a crypto that has the potential to surge in the remaining days of the year? Therefore, what are you waiting for? Join me in this ONE price prediction article to know the future of ONE. But, before that, let us first see the technology behind the Harmony crypto.
Cryptocurrency | Harmony (ONE) |
Token | ONE |
Price | $0.27 |
Market Capitalization | $3,115,032,823 |
Circulating Supply | 10,792,541,979 |
Trading Volume | $129,332,794 |
All-Time High | $0.379020 |
All-Time Low | $0.0012735 |
Harmony (ONE) is a crypto asset in the crypto market that has been making noise lately. This is because of its blockchain technology that runs the Ethereum app with a 2-second transaction finality and 1000 times lower fees. Furthermore, the network also serves as an open platform for assets,collectibles, identity and governance. Its secure bridges offer cross-chain asset transfers with Ethereum, and Binance to name some.
Harmony (ONE) has positioned itself in an uptrend position lately. Its market cap amounts to over $3 billion, a huge number that ranks the crypto as one of the top 100 cryptos in CoinGecko. In addition, the crypto was able to record a huge one-year growth rate of +5434%, an increased rate that investors around the world cannot overlook.
Source: Tradingview
As seen in the chart above, one keeps its trading position above the Fibonacci level of 0.38, a bullish position. Furthermore, the graph also displays the +622.58% growth rate of the crypto from Aug to Oct this year. Indeed, this is an uptrend position that traders and investors cannot overlook.
If one can maintain its uptrend position above the Fibonacci golden level (0.618), ONE price might surge. In other words, Harmony may break its Fibonacci resistance level 0.23. In this case, the doors towards the bullish price of $0.38 will open, an opportunity that ONE cannot miss.
Source: Tradingview
Furthermore, the price of ONE may go higher than $0.38. This price forecast will only come to life if ONE will be able to create once again a growth rate up to 622%. If it does, the crypto might reach the skyrocketing price of almost $2 in no time. However, this price forecast might only happen if the bullish market continues to remain on the side of crypto along with its investors.
Source: Tradingview
Meanwhile, the crypto’s Relative Strength Index (RSI) is within the 70-30 RSI range. In other words, ONE is neither oversold nor overbought. This means that traders can trade with confidence without worrying about any major price reversal. However, it is wise that traders stick to the rules of the indicator that they are using. With this, investors and traders can have a solid strategy on how to deal with the wild swing of the crypto market.
Harmony (ONE) continues to be one of the aggressive digital assets in the crypto space. Therefore, the conclusion for the ONE price prediction in 2021 amounts to $0.40 up to $2. However, this forecast still depends on how the market will treat ONE in the next month of the year.
Aside from our ONE price prediction 2021, we will also share some of the forecasts other crypto analysis platforms make.
Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate cryptanalysis and the latest news stories over time. For this reason, the 2021 forecast of Digitalcoin for ONE amounts to $$0.4038.
TradingBeasts is one of the crypto networks that based its prediction and analysis using historical data with the combination of linear and polynomial regressions. As a result, the price forecast of TradingBeasts for ONE price prediction 2021 will reach the price of $0.4139.
By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for ONE amounts to $0.49.
Harmony is one of the aggressive crypto assets in the crypto space. In fact, in a matter of one year, ONE has successfully recorded a growth rate of over +5000% . Through this, we can say that ONE is a potential and trusted virtual asset in the crypto space and a good investment.
The price status of ONE depends on many different factors, and one of them is the current market situation. If ONE is able to invite more investors to the platform, there is a big chance that the price of ONE will go higher.
The crypto market is very unpredictable due to volatility. Any crypto in the space cannot evade these wild market swings of the market. One factor to consider is the massive dumping of tokens made by the whales in the ONE network, an event that is very uncontrollable.
The ONE crypto is just like other cryptos that can be bought in various crypto exchanges. For instance, the Binance exchange, one of the famous crypto exchanges that support ONE crypto.
Yes, Harmony is a crypto that uses blockchain technology.
Disclaimer: The technical analysis expressed in this article does not necessarily reflect the views of CryptoNewsLand (CNL). Readers of this article should not take this as financial advice. CNL strongly recommends that all users do their own in-depth research before investing in cryptocurrency.
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