1inch Network

<p>The post <a href="https://coinpedia.org/price-analysis/1inch-network-surges-15-this-week-will-1inch-price-hit-0-5-this-week/" rel="noopener noreferrer nofollow">1inch Network Surges 15% This Week! Will 1INCH Price Hit $0.5 This Week?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>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.</p>
<p>Positively, the <a href="https://coinpedia.org/price-prediction/1inch-network-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">1inch price</a> 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.</p>
<h2 class="wp-block-heading" id="h-1inch-price-displays-a-bullish-reversal">1inch Price Displays A Bullish Reversal:</h2>
<p>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 <a href="https://markets.coinpedia.org/1inch/" target="_blank" rel="noopener noreferrer nofollow">1inch Network price</a> has been trading under a strong bullish sentiment.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/HJrsnHRKaS_W40J1--aJyePqOaXL3lZveEE1H3K1Oy-ZnsoZEYPgNDBrAdEAkTrakPbalkXKOeiDivzVM2JaDLfBoigCuWhCJxXTHjjZ4VWK7gna9dbWNTaeuF_hIbScnySkTz-UmqDQugi_Zw5EDTA" alt="1inch Network Price Analysis">
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  TradingView: 1INCH/USDT
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</figure>
<p>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.</p>
<h2 class="wp-block-heading" id="h-1inch-network-market-sentiments">1inch Network Market Sentiments:</h2>
<p>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.</p>
<p>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.</p>
<h2 class="wp-block-heading" id="h-will-1inch-price-go-back-up">Will 1INCH Price Go Back Up?</h2>
<p>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.</p>
<p>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.</p>

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

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