Harmony price technical analysisĪs aforementioned, technical tools are crucial for a feasible Harmony One price prediction on a short and long-term basis. In the coming months, the hawkish Fed’s interest rate decision and overall inflation narrative will likely weigh on Harmony price, as may be the case with other cryptocurrencies.īesides, even as it remains in the shadow of more popular dApps like Cardano, it may remain on the long-term uptrend that began a year ago. One has been one of the fastest-growing cryptocurrencies since the beginning of 2021. For instance, US consumer prices surged more than expected by 7.5%, the highest since 1982. Cryptocurrencies and other risk-on assets have been under pressure amid alarming inflation data. Nonetheless, its uptrend may be curbed in the short term by the heightened concerns over inflation. This aspect will likely boost Harmony price in the short and long term. The system allows individuals to present ether as collateral for a Harmony loan. In early February, Blitz Labs launched the Mainnet Beta version of the cross-chain loans protocol. Harmony One price prediction Harmony One latest news

According to CoinMarketCap, Harmony One is ranked 51 in the crypto market with a market capitalization of $2.28 billion.

It is back below the psychological level of $0.2000 as the bulls lacked enough momentum to hit the upper target of $0.2500 in the past week. After hitting a 3-month high of $0.3711, it dropped to $0.1717 in early February. In the past month, the bulls attempted to retest the all-time high but lacked enough momentum. Since the beginning of October 2021, it has been steady above $0.1500. In 2022, the token has remained in the bull market despite the recorded price swings. Harmony One price reached a fresh record high of $0.3810 in October 2021. Finally, in June, the bears retested March’s level of 0.0469. In three months, the altcoin had rallied by 3,212.63%.Īfter the subsequent downtrend that pushed it to $0.0670, it surged again in mid-May to $0.1896. While the bears momentarily pushed Harmony One price lower, the restoration of the rally had the crypto soar to an all-time high of $0.2252 in late March. Notably, it entered 2021 on a positive note, surging by 760% by mid-February. The crypto’s price chart recorded subtle movements between August 2020 and the beginning of 2021. For a feasible Harmony One price prediction, focusing on technical analysis, it is crucial to analyze its past price patterns.

Crypto harmony price