This Harmony (ONE) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our ONE price analysis and prediction.
Many cryptocurrencies experienced a bull run in 2021 that saw them reach new highs. Some crypto assets saw their prices drop, however. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. The exact same situation could crypto traders experience in ONE.
In this ONE price analysis and price prediction, we take a look at the performance of ONE if it will reach $1. But before that, let us learn more about what Harmony (ONE) is and its current position in the crypto market.
What is Harmony (ONE), exactly?
Harmony is the next generation sharding-based blockchain that is fully scalable, provably secure, and energy-efficient. Harmony addresses issues in current blockchains by combining the most recent research results and engineering practices into a minimally tuned platform.
Fully ScalableHarmony splits the blockchain state and the network communication. This makes ONE fully scalable.
Secure ShardingHarmony’s sharding algorithms are probably safe. This is due to distributed randomness generator (DRG), a process that is unpredictable, unbiaseable and verifiable. The platform also reshards your network using a non-interruptive method to protect you against slowly adapting byzantine enemies.
Fast, efficient and effective consensusHarmony can be related to PoS, and is therefore more energy efficient. Furthermore, the Consensus has a linearly-scalable BFT approach to PBFT that is 100x faster than PBFT.
PoS: Adaptive and ThresholdedA node can only enter the network if it meets the stakes threshold. It is adjusted according to the volume of total transactions.StakingIt is so distributed that malicious stakers will not concentrate their power in one shard.
Scalable Networking InfrastructureHarmony could spread blocks quickly inside shards using RaptorQ fountaincode.
Consistent Cross-Shard Transactions Harmony supports cross-shard transaction as well as shards communicating directly with one other. A atomic locking scheme is used to ensure consistency across shard transactions.
Harmony is a protocol and network layer creator that provides a secure, scalable and reliable environment to support the expanding decentralized economy. Moreover, Harmony will allow applications that were not feasible in the past on blockchain, which includes high-volume decentralized exchanges, interactive fair games, Visa-scale payment process, and IoT transactions. Harmony is all about trust building for billions and creating a fair, equitable environment.
Harmony (ONE) Current Market Situation
ONE trades for $0.1211 and has a daily volume of $39.956,962 as of the writing of this price analysis. In the last 24hrs, ONE’s value has risen 19.2%.
ONE currently has a circulating supply of 10,213,513,965 ONE. Currently, Binance is Huobi Global, Gate.io and HitBTC are the top cryptocurrency trading platforms for ONE.
Let’s now get to the next portion of this ONE technical review for 2021.
Harmony (ONE), Analysis of the Price 2021
ONE currently occupies the 88th rank on CoinGecko. But, can the latest development and changes to the ONE Blockchain help the cryptocurrency market rise? Let’s see the charts in this ONE Price Prediction article.
ONE is preparing for a bullish rally. The bullish price could be reached if the crypto crosses its resistance. However, it is more likely that this will happen if Harmony remains the bullish market.
If the bulls are against crypto, then ONE’s price could fall. ONE might lose its uptrend, or nosedive to a bearish trend. This pattern shows the period that might lead to a price breakout or breakdown. Breakdowns from the lower trendline indicate the beginning of an upcoming bearish trend. Conversely, a breakout at the upper trendline signalizes the start of a new bearish trend.
As shown in the above chart, ONE switched from a bear to a bull trend towards the beginning of March. This is because of the high trading volume that took place during that time.
Relative Strength Index, (RSI), is above 60.66. This indicates that ONE may be in a near overbought position. Keeping all this in mind, traders can be aware and move away from unexpected losses due to the crypto market’s wild swings.
Harmony (ONE) Price Prediction 2021
Conversely, if investors begin to oppose crypto, the bears might overtake and force ONE from its uptrend place. In simple terms, the price for ONE might drop to around $0.072, a bearish signal.
Our long-term ONE forecast 2021 is bullish. It has a good chance of exceeding its current all-time high (ATH) of about $0.22. But it must break through many psychological resistances.
Harmony (ONE) Price Prediction 2022
If this bullish trend continues ONE would reach $2 by 2022. Fast growth is expected to be seen in the first half (2022-22), with an average of $2.5. The growth rate will slow down after that but no significant falls are anticipated. With new partnerships and developments coming, reaching $2 is very optimistic from a price standpoint but definitely possible for the near term.
Harmony (ONE) Price Prediction 2023
If ONE holds at least 200-MA support, which is the long-term moving median, buyers will be able to take control of the next attack mission. The vital level at $3.5 will remain stable and it will not fall, but play consistently.
Harmony (ONE) Price Prediction 2024
As per the latest developments, price predictions and project forecasts of ONE, ONE investors may expect many integrations and partnerships around 2024. This will increase the price ONE can achieve around $5.
Harmony (ONE) Price Prediction 2025
In the next four year, ONE’s price could reach $6.5. ONE could reach this level by finding additional medium, short and long-term prices targets. These could be used to place or sell orders. This means that ONE has a high chance of reaching a new ATH very soon, according to the prediction.
Harmony has bright prospects for 2021. We may see ONE reach new heights thanks to the constant developments within the ONE eco-system and in the overall crypto markets.
Bullish ONE price prediction 2021 at $0.44 ONE may even reach $1 if investors have decided that ONE is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
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