- `The Harmony crypto is up nearly 1.6% in Intraday and currently trades near $0.026.
- Technical indicators of the ONE crypto price exhibit a bullish outlook above the 20-day and 50-day EMAs in the near term.
The Harmony price edged higher on Saturday and resumed to collect more gains. The crypto is trading higher on grounds for the fourth consecutive session and has maintained its gaining streak.
The buyers are in total control of the trend as the price is headed higher after rebounding from the key EMAs’ dynamic supports. Conversely, the sellers have gone on the back foot after the breakout above the recent swing high.
The recent price surge has pushed the crypto near the multi-month high value. The price performance shows that the crypto has generated a significant return in the recent period, with a weekly gain of 42.76%. The ONE crypto has delivered a gain of nearly 80.13% and almost 83.61% in the past three months.
The short-term trend outlook is bullish, which may drive the price to higher levels. On the higher side, the $0.27 and $0.3 levels may act as a hurdle for the buyers, but they may be conquered if the price rises with momentum.
The sellers are trying to get somewhere in the game but are in defensive mode as the overall crypto market sentiments are on the higher side. The price needs to break below the 50-day EMA to gain the sellers’ trust.
Harmony Crypto Volume Analysis
The volume analysis shows that the ONE crypto received $30.01 Million volume in the last 24 hours, which is 43.97% less than the previous day. The live market capitalization of ONE was $367.9 Million, ranking 182nd in the overall crypto market.
Moreover, the volume-to-market-capitalization ratio is 8.28%, indicating mild volatility in the crypto. It has a circulating supply of 13.82 Billion tokens against a total supply of 14.20 Billion ONE tokens.
Harmony Indicator Analysis
From a technical perspective, the ONE token price trades higher above the 20, 50, and 200-day EMAs, suggesting a short-term positive outlook along with a long-term bullish trend prevailing.
When writing, the RSI line was hovering at 76.19, and the 14-day SMA line was placed at 68.92 points. Both the lines were hovering above the mean line, indicating a bullish trend prevailing in the crypto. Moreover, the RSI line has entered the overbought region, showing some correction is possible in the near term.
Harmony Price Prediction March 2024
The most optimistic outlook of our analysts assumes the price could resume its way up to $0.0317 as the highest price in March 2024. On the other hand, the bearish outlook of the analysts assumes the price will break below the recent support of the 20-day EMA, after which it may retrace the 20-day and 50-day EMAs.
Harmony Crypto Price Prediction 2024
The price analysis for the year 2024 is that the ONE token could reach a high of $0.0624, suggesting a potential gain of over 140.3% if the most favorable conditions prevail. Moreover, the less optimistic outlook of the analysts hopes for the crypto to attain $0.0453.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.