1inch Network Token Gained 56.39% in Last Month and is Predicted to Reach $0.480301 By Jul 21, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• 1inch Network Token is up 15.28% today against the US Dollar
• 1INCH/BTC increased by 14.94% today
• 1INCH/ETH increased by 15.00% today
• 1inch Network Token is currently trading 12.00% below our prediction on Jul 21, 2023
• 1inch Network Token gained 56.39% in the last month and is down -36.55% since 1 year ago

1INCH price is expected to rise by 13.73% in the next 5 days according to our 1inch Network Token price prediction

1inch Network Token price today is trading at $ 0.422669 after gaining 15.28% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 20.82% in the same time period. 1INCH performed well against BTC today and recorded a 14.94% gain against the world’s largest cryptocurrency.

According to our 1inch Network Token price prediction, 1INCH is expected to reach a price of $ 0.480301 by Jul 21, 2023. This would represent a 13.73% price increase for 1INCH in the next 5 days.

1INCH Price Prediction Chart

Buy/Sell 1inch Network Token

What has been going on with 1inch Network Token in the last 30 days

1inch Network Token has been displaying a positive trend recently, as the coin gained 56.39% in the last 30-days. The medium-term trend for 1inch Network Token has been bearish, with 1INCH dropping by -23.46% in the last 3 months. The long-term picture for 1inch Network Token has been negative, as 1INCH is currently displaying a -36.55% 1-year price change. On this day last year, 1INCH was trading at $ 0.666144.

1inch Network Token reached its all-time high price on May 08, 2021, when the price of 1INCH peaked at $ 7.85. The current 1INCH cycle high is $ 0.434016, while the cycle low is at $ 0.241129. 1INCH has been displaying low volatility recently – the 1-month volatility of the coin is at 6.38. 1inch Network Token recorded 18 green days in the last 30 days.

1inch Network Token technical analysis for today – Jul 16, 2023

The sentiment in the 1inch Network Token markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.339907, $ 0.310939 and $ 0.291441, while $ 0.388373, $ 0.407871 and $ 0.436838 are the key resistance levels.

Neutral sentiment for 1inch Network Token

19 indicators are currently signaling a bullish prediction for 1inch Network Token, while 9 indicators are showing a bearish forecast. With 68% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for 1inch Network Token.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 57 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

1inch Network Token moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how 1inch Network Token is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for 1inch Network Token is at 65.04, suggesting that 1INCH is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of 1inch Network Token over the last 50 days. Currently, 1inch Network Token is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the 1INCH closing price for the last 200 days. 1INCH is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this 1inch Network Token prediction

After considering the above factors, we can conclude that the current forecast for 1inch Network Token price prediction is Neutral. 1INCH would have to increase by 13.73% to hit our $ 0.480301 target within the next five days. Moving forward, it will be important to monitor the 1INCH market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term 1inch Network Token price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.