Latest 1inch (1INCH) Price Analysis

By CMC AI
31 July 2026 09:45PM (UTC+0)

Why is 1INCH’s price down today? (31/07/2026)

TLDR

1inch is down 3.74% to $0.0817 in 24h, underperforming a broader market pullback primarily driven by risk-off sentiment across crypto. The move closely tracks Bitcoin's 2.75% decline, indicating a beta-driven sell-off rather than a coin-specific catalyst.

  1. Primary reason: Broader crypto market weakness, as Bitcoin and total market cap fell over 2% amid a macro-driven risk-off shift.

  2. Secondary reasons: Sector-wide pressure on altcoins and potential profit-taking after a strong 30-day rally of over 18%.

  3. Near-term market outlook: If 1INCH holds above its 30-day moving average near $0.0761, it could consolidate; a break below risks a test of the 78.6% Fibonacci retracement at $0.0700. Watch for the market's reaction to its new Aqua protocol launch.

Deep Dive

1. Broader Market Sell-Off

Overview: The entire crypto market declined, with total capitalization dropping 2.2% and Bitcoin falling 2.75%. This was driven by a macro risk-off shift following the U.S. Federal Reserve and Bank of Japan keeping interest rates unchanged, which dampened risk appetite. 1INCH's drop of 3.74% moved in the same direction and magnitude, showing high beta to the market. What it means: The token's price action was primarily a reflection of overall crypto sentiment, not an isolated event.

2. Altcoin Sector Pressure & Profit-Taking

Overview: Other major altcoins like Chainlink (-3.71%) and Cosmos (-3.79%) saw similar declines, indicating sector-wide selling pressure. Furthermore, 1INCH had rallied over 18% in the past 30 days, making it susceptible to profit-taking during a market downturn. What it means: The token faced amplified selling from both general altcoin weakness and traders locking in recent gains. Watch for: Whether other DeFi tokens stabilize or continue to underperform Bitcoin.

3. Near-term Market Outlook

Overview: The immediate trigger is the broader market's direction. Technically, support rests at the 30-day simple moving average ($0.0761) and the 61.8% Fibonacci retracement level ($0.0739). A positive catalyst is the launch of 1inch's new shared liquidity protocol, Aqua, announced on July 31, 2026 (TheStreet). If the market stabilizes and Aqua generates user traction, it could provide a floor. The risk case is a further drop toward $0.0700 if Bitcoin weakness persists. What it means: The near-term bias is cautiously neutral, dependent on macro sentiment and ecosystem activity. Watch for: Bitcoin reclaiming the $63,500 level and on-chain volume metrics for the new Aqua protocol.

Conclusion

Market Outlook: Neutral to Bearish Pressure The price drop is a function of market-wide risk aversion, overshadowing the positive news of a protocol upgrade. The token's path will likely remain tied to Bitcoin's direction in the short term. Key watch: Can Bitcoin find a bid above $62,000, and does trading volume on 1inch's new Aqua protocol show meaningful growth in the next 48 hours?

Why is 1INCH’s price up today? (30/07/2026)

TLDR

1inch is up 2.74% to $0.0857 in 24h, slightly outperforming a broader market that rose 1.09%, primarily driven by a positive beta move with Bitcoin.

  1. Primary reason: Positive market correlation, as 1inch moved in sync with Bitcoin's +1.4% gain, indicating a macro-driven flow into crypto assets.

  2. Secondary reasons: No clear secondary driver was visible in the provided data; the move lacked a specific catalyst or unusual volume spike.

  3. Near-term market outlook: If 1inch holds above the daily pivot at $0.0830, it could test the 200-day SMA near $0.0934; a break below risks a retreat toward the 30-day SMA at $0.0755.

Deep Dive

1. Positive Market Correlation (Beta Move)

Overview: 1inch's +2.74% gain closely tracked the broader market, where Bitcoin rose 1.4% and total market cap increased 1.09%. No specific macro driver was evident in the data, but the coordinated move suggests capital flowed into crypto assets broadly, lifting 1inch as a higher-beta altcoin.

What it means: The price action was more about general market sentiment than 1inch-specific developments.

Watch for: Bitcoin's ability to hold above $64,800, as its direction will likely continue to influence 1inch.

2. No Clear Secondary Driver

Overview: The provided data shows no major news, partnership, or on-chain activity spike to explain the move. A recent tweet from the 1inch account was neutral to bearish in sentiment, and 24h trading volume actually decreased by 2.87%.

What it means: The uptick appears to be a modest, liquidity-driven move within the prevailing trend, not a breakout fueled by new demand.

3. Near-term Market Outlook

Overview: Technically, 1inch is trading above its key 7-day ($0.0838) and 30-day ($0.0755) moving averages, with an RSI of 62 indicating bullish momentum without being overbought. The immediate bullish scenario requires holding the daily pivot at $0.0830. The primary near-term trigger is Bitcoin's price action.

What it means: The short-term bias is cautiously bullish within the context of the broader market trend.

Watch for: A decisive break above the 200-day Simple Moving Average near $0.0934, which would signal a potential shift to a longer-term uptrend.

Conclusion

Market Outlook: Cautiously Bullish The 24h gain is best explained as 1inch riding a rising tide in the crypto market, supported by a technically sound position above key averages. Key watch: Monitor whether 1inch can sustain momentum independently if Bitcoin's rally pauses, which would require a surge in its own trading volume or a clear ecosystem catalyst.

CMC AI can make mistakes. Not financial advice.