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Cryptocurrency News Articles
1inch Network (1INCH) Price Prediction 2025-2031
Jan 15, 2025 at 05:25 pm
The 1inch network is a prominent decentralized exchange (DEX) aggregator. To gauge its future prospects, it’s crucial to look at the 1inch price prediction
The prominent decentralized exchange (DEX) aggregator, 1inch network, is gearing up for a promising 2025. To assess its future prospects, let's delve into the 1inch price prediction for 2025.
1inch Labs and the 1inch Foundation play pivotal roles in the development and expansion of the network. While the non-profit 1inch Foundation initiated the 1INCH token, the community-driven 1inch DAO manages the token’s smart contract within the network, enabling community governance of the token's functions.
The 1inch protocol offers a trading platform that searches for optimal transactions across various DEXes. It enables 1inch users to swap cryptocurrencies, granting access to multiple liquidity sources on Polygon, including platforms like Curve, SushiSwap, QuickSwap, and Aave V2.
Overview
1INCH Price Prediction: Technical Analysis
1INCH Price Analysis
1INCH price loses buying confidence as it struggles around $0.37
The 1INCH price analysis for 15 January confirms that 1INCH witnessed a bearish pressure as it struggled to surge above $0.37. However, buyers continue to defend a decline below the immediate Fib channels.
1INCH price analysis 1-day chart: Bears aim for a rise in dominance
Analyzing the daily price chart of 1inch, 1INCH’s price witnessed a bearish rally after bulls failed to hold the price around $0.4. Over the last 24 hours, 1INCH price has been on a bearish trend as it is aiming for a drop below $0.37; however, buyers are strongly defending. The 24-hour volume surged to $3.2 million, showing an increased interest in trading activity today. 1INCH price is currently trading at $0.37, increasing by over 0.2% in the last 24 hours.
The RSI-14 trend line surged from its previous level and currently hovers around 41-level, showing that bulls are slowly gaining the momentum of the price chart. The SMA-14 level suggests upward volatility in the next few hours.
1INCH/USD 4-hour price chart: Bears aim for a decline below moving averages
The 4-hour 1INCH price chart suggests 1INCH price continues to experience bearish activity within $0.37, creating a negative sentiment on the price chart. As the price continues to drop below EMA lines, bears are aiming to create a consolidation below EMA20.
The BoP indicator is trading in a bearish region at 0.44, hinting that sellers are trying to build pressure near support levels and boost a downward correction.
However, the MACD trend line has formed green candles above the signal line and the indicator aims for a positive momentum, strengthening bullish positions.
1inch Price Prediction: Levels And Action
Daily Simple Moving Average (SMA)
Daily Exponential Moving Average (EMA)
What to expect from 1INCH price analysis next?
The hourly price chart confirms bears are making efforts to prevent the 1INCH price from an immediate surge. However, if the 1INCH price successfully breaks above $0.396, it may surge higher and touch the resistance at $0.4465.
If bulls cannot initiate a surge, 1INCH price may drop below the immediate support line at $0.3375, resulting in a correction to $0.2622.
Is 1INCH A Good Investment?
It’s challenging to determine the right time to buy 1INCH, as it’s close to an all-time low and it’s uncertain when the dip will end or how much it might recover. However, 1Inch offers a valuable service and the token has potential. As with any crypto investment, thorough research is crucial before deciding to invest in 1INCH.
Why is 1INCH Price Down Today?
1INCH price made a heavy decline in the last few days following Bitcoin’s significant bearish liquidation. Currently, the price is consolidating below $0.37.
Will 1INCH Price Reach $1?
Depending on the current market sentiment and buying demand, we might see 1INCH price touching the $1 milestone in the coming months. According to our prediction, 1INCH price might hit the $1 mark in 2026.
Will 1INCH Price Reach $10?
If the altcoin market remains robust in the coming years and 1inch develops more user-friendly utilities, we might see its price surpassing the $10 mark.
Is 1INCH a Good Long-Term Investment?
Yes, 1INCH is a good long-term investment option. As buyers
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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