![]() ![]() 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. ![]()
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