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 (ONE) holds the 140th position on CoinGecko right now. ONE price prediction 2022 is explained below with a weekly time frame.
The symmetric triangle chart pattern shows the period of consolidation that may force a price breakdown or breakout. More so, a breakdown from the lower trendline indicates the beginning of a new bearish trend. On other hand, a breakout from the upper trendline signal shows the beginning of a new bullish trend. Traders also use moving averages in conjunction with a symmetrical triangle chart pattern to trail their stop loss.
Currently, Harmony (ONE) is at $0.02420. If the pattern continues, the price of ONE might reach the resistance level of $0.02635, $0.03022, and $0.03724. If the trend reverses, then the price of ONE may fall to $0.01980, and $0.01637.
Harmony (ONE) Support and Resistance Levels
The chart below shows the support and resistance levels of Harmony (ONE).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Harmony (ONE).
Resistance Level 1 $0.02751
Resistance Level 2 $0.05426
Resistance Level 3 $0.09202
Resistance Level 4 $0.18581
Resistance Level 5 $0.37697
Support Level $0.01645
Resistance & Support Level
The charts show that ONE has performed a bullish trend over the past few days. If this trend continues, ONE might run along with the bulls overtaking its resistance level at $0.37697.
Accordingly, if the investors turn against the crypto, the price of the ONE might plummet to almost $0.01645, a bearish signal.
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 (ONE) holds the 140th position on CoinGecko right now. ONE price prediction 2022 is explained below with a weekly time frame.
The symmetric triangle chart pattern shows the period of consolidation that may force a price breakdown or breakout. More so, a breakdown from the lower trendline indicates the beginning of a new bearish trend. On other hand, a breakout from the upper trendline signal shows the beginning of a new bullish trend. Traders also use moving averages in conjunction with a symmetrical triangle chart pattern to trail their stop loss.
Currently, Harmony (ONE) is at $0.02420. If the pattern continues, the price of ONE might reach the resistance level of $0.02635, $0.03022, and $0.03724. If the trend reverses, then the price of ONE may fall to $0.01980, and $0.01637.
Harmony (ONE) Support and Resistance Levels
The chart below shows the support and resistance levels of Harmony (ONE).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Harmony (ONE).
Resistance Level 1 $0.02751
Resistance Level 2 $0.05426
Resistance Level 3 $0.09202
Resistance Level 4 $0.18581
Resistance Level 5 $0.37697
Support Level $0.01645
Resistance & Support Level
The charts show that ONE has performed a bullish trend over the past few days. If this trend continues, ONE might run along with the bulls overtaking its resistance level at $0.37697.
Accordingly, if the investors turn against the crypto, the price of the ONE might plummet to almost $0.01645, a bearish signal.
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