Harmony Price Prediction — Will ONE Hit $0.5 Soon?
- Bullish ONE price prediction is $0.22 to $0.357.
- The ONE price will also reach $0.5 soon.
- ONE bearish market price prediction for 2022 is $0.11.
In Harmony’s (ONE) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about ONE to analyze the future movement of the cryptocurrency.
Harmony Current Market Status
According to CoinGecko, the price of ONE is $0.21 with a 24-hour trading volume of $144,084,358 at the time of writing. However, ONE has increased nearly 6.8% in the last 24 hours.
Moreover, ONE has a circulating supply of 11,694,555,516 ONE. Currently, ONE trades in cryptocurrency exchanges such as Binance, Mandala Exchange, Bybit, Huobi Global, and KuCoin.
What is Harmony (ONE)?
Harmony is a blockchain platform for decentralized applications. The production mainnet supports 4 shards of 1000 nodes, creating blocks in two seconds. The network aims to create an open node network operated and managed by a large community. This node community is called Pangaea. The platform implements a Proof-of-Stake (EPoS) protocol, which helps to reduce centralization and increase transaction speed.
Harmony (ONE) Price Prediction 2022
Harmony holds the 57th position on CoinGecko right now. ONE price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. The consolidation phase is used by the buyers to regroup and attract new buying interest, which will be used to defeat the bears and push the price action further higher.
Currently, ONE is in the range of $0.21. If the pattern continues, the price of ONE might reach the resistance level of $0.35. If the trend reverses, then the price of ONE may fall to $0.16.
Harmony (ONE) Support and Resistance Level
The below chart shows the support and resistance level of ONE.
From the above daily time frame, it is clear the following are the resistance and support levels of ONE.
| Resistance Level 1 | $0.22 |
| Resistance Level 2 | $0.27 |
| Resistance Level 3 | $0.357 |
| Support Level 1 | $0.163 |
| Support Level 2 | $0.117 |
The charts show that ONE has performed a bullish trend over the past month. If this trend continues, ONE might run along with the bulls overtaking its resistance level at $0.357.
Accordingly, if the investors turn against the crypto, the price of the ONE might plummet to almost $0.117, a bearish signal.
Harmony Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of ONE is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of ONE lies below the cutoff line, indicating weaker participants in the current trend.
More so, the ONE’s Moving Average (MA) is shown in the chart above. Currently, ONE is in a bearish state. Notably, the ONE price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of ONE at any time.
Meanwhile, the relative strength index (RSI) of the ONE is at level 47.88. This means that ONE is in a nearly oversold state. However, this means a major price reversal of ONE may occur in the upcoming days. So, traders need to trade carefully.
Harmony Price Prediction 2022 — ADX, RVI
Let us now look at Harmony’s Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Harmony. Currently, ONE lies in the range of 29.50, so it indicates a strong trend.
From the above chart, the Relative Volatility Index (RVI) of ONE. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of ONE lies below the 50 levels, indicating that the direction of volatility is low. In fact, ONE’s RSI is at 47.88 level thus confirming a potential sell signal.
Comparison of ONE with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Harmony.
From the above chart, we can identify the trend of the ETH and BTC is moving at the same level as the trend. But, the recent trend of ONE moves in an upward direction.
Conclusion
With continuous improvements in the Harmony network, we can say that 2022 is a good year for ONE. For this reason, the bullish price prediction of Harmony in 2022 is $0.35. On the other hand, the bearish ONE price prediction for 2022 is $0.11.
Furthermore, with the advancements and upgrades on the ONE ecosystem, the performance of ONE would help to reach above its current all-time high (ATH) $0.3 very soon. But, it might also reach $0.5 if the investors believe that ONE is a good investment in 2022.
FAQ
Harmony is a blockchain based platform created to solve the puzzle of providing both scaling and decentralization at no cost to each other.
ONE has listed on many crypto exchanges which include Binance, Mandala Exchange, Bybit, Huobi Global, and KuCoin.
With the ongoing developments and upgrades within the ONE platform, it has a high possibility of reaching its ATH soon.
On Oct 26, 2021, ONE reached its new all-time high (ATH) of $0.379.
Harmony (ONE) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of ONE in the past few months, ONE is considered a good investment in 2022.
Harmony (ONE) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then Harmony (ONE) will hit $0.5 soon.
Harmony (ONE) price is expected to reach $1 by 2023.
Harmony (ONE) price is expected to reach $1.8 by 2024.
Harmony (ONE) price is expected to reach $2.5 by 2025.
Harmony (ONE) price is expected to reach $3.2 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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