The Harmony One price prediction is looking bullish as it has shown massive strength in a recent crypto bloodbath. Harmony one coin price dipped below the $0.138 level for the first time since September 2021. The price briefly touched the $0.109 level on 24th February after news of unrest in Eastern Europe. However, the price has increased by more than 50% since then, and it is now trading at $0.0.167. Let’s evaluate if 1$ Harmony One price prediction is achievable in 2022.
Harmony One Latest News
Harmony emerged as a major smart contract platform in 2021. Elrond and Alrgorand were also some of the great finds of last year. According to the latest Harmony One news, its wallet is migrating to Metamask. This is because its ‘end of life’ date is March 15. A new wallet known as 1wallet is also in development and is expected to launch soon. Harmony crypto aims to provide a decentralized and scalable platform to its users without any compromise on security. Before moving to our Harmony one price prediction, let’s look at its network stats.
DeFi Lama’s Harmony blockchain currently boasts a Total Locked Value (TVL) of $790 million. The same figure stood at $1.37 billion in January when the DeFi Kingdom went viral. The DeFi Kingdom emerged as a platform trying to merge DeFi with Plat to Earn gaming. As per Dapp Radar, there are currently 21,000 daily active users on DeFi Kingdoms.
Harmony One Price Prediction
Currently, Harmony coin price is trading at $0.167, which is 57% down from its October 2021 ATH of $0.379. ONEUSD price chart shows a classic case of a double top. Harmony One price got rejected from the $0.37 region once again in January 2022. The price made lower lows on the daily chart on February 24, but it has recovered since then.
Harmony one coin needs to make higher highs than $0.225 in the short term to aim for further upside. If the price breaks above $0.28 in the medium term, another all-time high is possible in 2022. $0.54 could be a valid Harmony one price prediction in such a scenario. Nevertheless, a lower low than $0.109 can send the price to retest the $0.05 region. In both cases, 1$ seems to be unlikely in 2022.