{"id":433340,"date":"2023-08-25T18:25:37","date_gmt":"2023-08-25T18:25:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=433340"},"modified":"2023-08-25T18:25:37","modified_gmt":"2023-08-25T18:25:37","slug":"harmony-price-prediction-one-slump-to-0-01-is-it-a-sleeping-giant","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/harmony-price-prediction-one-slump-to-0-01-is-it-a-sleeping-giant","title":{"rendered":"Harmony Price Prediction: ONE Slump to $0.01 \u2013 Is It a Sleeping Giant?"},"content":{"rendered":"

Harmony (ONE), a blockchain<\/a> company bridging the gap between scalability and decentralization, has been on a downward trend since August 24.<\/span><\/p>\n

Earlier today, the token tried to bounce back, increasing from a low of $0.00995 to $0.109. Since then, the token has oscillated between $0.0108 resistance and $0.0100 short-term support level.<\/span><\/p>\n

Despite its gains <\/span>in the last seven days by 2%,<\/span><\/a> Harmony (ONE) has decreased 14% in the past 30-day trading period. <\/span>As of 10:32 AM EST, the coin is trading at $0.0099, representing a 1% price drop in the last 24 hours.<\/span><\/p>\n

Also, its 24-hour trading volume, which sits above $6.57 million, is bleeding significantly by over 50%, suggesting low investor interest in the market.<\/span><\/p>\n

However, looking at recent developments, there are possible signs that the coin could be preparing for a retracement.<\/span><\/p>\n

On August 23, the project team <\/span>tweeted<\/span> on the X platform, celebrating a significant milestone. According to the Tweet, despite being on a bearish trend, the “Uniswap V3 on Harmony” is recording a volume of $30,000 and 5,000 Swaps.<\/span><\/p>\n

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Swap continues to hit milestones🏆<\/p>\n

Uniswap V3 on Harmony pic.twitter.com\/DhwzWuyhxq<\/a><\/p>\n

— Harmony 💙 (@harmonyprotocol) August 24, 2023<\/a><\/p><\/blockquote>\n