Price Analysis View Non-AMP

1inch Network Surges 15% This Week! Will 1INCH Price Hit $0.5 This Week?

Published by
Elena R

Despite recording a weak price action among the top cryptocurrencies, mid-cap altcoins continue to display a bullish price sentiment, suggesting a switch of interest toward these altcoins by investors.

Positively, the 1inch price has recorded a jump of 37.83% in its trading volume and has added approximately 6% within the past day. Moreover, it has a weekly gain of 15.31% and a Year-to-Date (YTD) return of 12.91%, indicating a positive outlook for the altcoin in the long-term perspective.

1inch Price Displays A Bullish Reversal:

After trading in a closed range between $0.3820 and $0.4550 for a period, the bulls lost momentum and broke down its important support level. However, after recording a low of $0.3477, the bulls regained momentum. Since then, the 1inch Network price has been trading under a strong bullish sentiment.

With a trading price of 0.4807, a market cap of $561.94 million, and a circulating supply of 1,166,209,577 1INCH tokens, the altcoin has successfully secured the 129th position in the global crypto market list by market cap.

1inch Network Market Sentiments:

The Cross EMA 50/200-day displays a high possibility of a Golden Cross in the 1D time frame, suggesting an increase in the buying pressure within the market.

However, the technical indicator, RSI fails to breach its overbought range, resulting in it displaying a negative trend. However, the average surpasses the mid-point, indicating a mixed sentiment for the altcoin in the crypto space.

Will 1INCH Price Go Back Up?

If the bulls continue to gain momentum, the 1inch Network will test its resistance level of $0.5225. Maintaining the price at that level will set the stage for 1INCH crypto to attempt to test its upper resistance level of $0.5975 during the upcoming week.

Conversely, if the bears gain control over the market, the price will test its support level of $0.4550. Furthermore, if the bulls fail to hold the price at that level, the altcoin will plunge toward its lower support level of $0.3820 in the coming time.

Also Check Out : Failed Breakout in AR Price Tests 50D EMA: Is A Fall Imminent?

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

Solana Did 100x After Binance Listing—KNCH Just Hit BitMart, LBank & XT (Better Tech, Lower Entry)

Kaanch (KNCH) is anticipated to create a great impression in the market through its future…

June 30, 2025

Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…

June 30, 2025

John Deaton Says Wall Street Greed Could Push XRP, ETH & SOL Into Treasuries

Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…

June 30, 2025

Ethereum Price Eyes $5K as Short Squeeze Looms: Analysts Predict Major Breakout

As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…

June 30, 2025

SEI Price Prediction 2025, 2026 – 2030: Will Sei Price Record A 2X Rally?

Story Highlights The SEI live Price is . Sei price could reach a high of…

June 30, 2025

Crypto Scam Network Exposed in Spain with Over 5,000 Victims

On June 25, Europol announced a major breakthrough as Spanish Guardia Civil, with support from…

June 30, 2025