Latest Harmony (ONE) Price Analysis

Deep Dive

1. Exchange Delisting Impact (Bearish)

Overview: KuCoin delisted ONE from margin trading on December 5, forcing traders to close positions and withdraw funds. This follows EXMO’s September 2025 delisting, reducing liquidity and institutional access.

What this means: Margin trading accounted for 12-15% of ONE’s daily volume on KuCoin. The forced unwinding likely accelerated selling pressure, while reduced leverage options diminish short-term speculative interest.

2. Security Baggage Resurfaces (Bearish)

Overview: November 2025 reports linked North Korea’s Lazarus Group to the 2022 Harmony Bridge hack, coinciding with fresh warnings about blockchain’s freezing capabilities.

What this means: Investors remain wary of protocol vulnerabilities and centralization risks. Harmony’s inclusion in Bybit’s “freezable chains” list (Nov 13) compounds concerns about validator control over assets.

3. Technical Weakness (Mixed Impact)

Overview: ONE faces resistance at its 7-day SMA ($0.004026) and 30-day SMA ($0.004697). The RSI at 34.6 suggests bearish momentum but not oversold conditions.

What this means: Failure to hold $0.0038 could target the November low of $0.003628. However, the MACD histogram shows minor bullish divergence, hinting at potential stabilization if broader markets rebound.

Conclusion

Harmony’s price reflects shrinking liquidity from exchange delistings and persistent security concerns overshadowing recent protocol upgrades. While technicals show tentative signs of stabilization, the lack of bullish catalysts and ongoing market-wide risk aversion tilt the balance downward.

Key watch: Can ONE defend the $0.0036 Fibonacci support, or will reduced exchange access drive new yearly lows?

Deep Dive

1. Network Progress (Mixed Impact)

Overview: Harmony’s team rolled out Stream Sync for faster node synchronization (Harmony) and upgraded validator monitoring tools. These efforts aim to improve network reliability but haven’t reversed the 60% price decline over 90 days.

What this means: While upgrades signal active development, adoption remains tepid – only 70% of nodes have upgraded to v2025.1.1 as of July 2025. Bullish traders might see this as accumulation potential, but the lack of ecosystem growth (TVL remains <$10M) limits upside.

2. Exchange Delistings (Bearish)

Overview: KuCoin disabled ONE margin trading on Nov 25, following EXMO’s September spot delisting. This reduces liquidity access for traders.

What this means: Delistings typically trigger selloffs, but ONE’s 24h volume only dipped 4.32% to $7.24M. The muted reaction suggests weak speculative interest rather than resilient demand.

3. Technical Signals (Neutral)

Overview: ONE’s daily RSI (38-40) exited oversold territory, while MACD histogram flipped green (+0.000052) for the first time since November 20.

What this means: These are common dead-cat bounce signals in bear markets. The price remains below all key EMAs (7-day: $0.00416, 30-day: $0.00482), keeping the primary downtrend intact.

Conclusion

Harmony’s minor rebound reflects technical factors rather than fundamental strength, with network upgrades failing to counter exchange exodus and developer disinterest (GitHub activity down 19.5% YoY). Key watch: Whether ONE holds above the 23.6% Fibonacci retracement at $0.00464 – a break could signal short-term momentum.