Tag: 1inch

  • 1inch price forecast: 1INCH hits 7-month high after double digit gains

    1inch price forecast: 1INCH hits 7-month high after double digit gains

    • 1inch price reached highs of $0.36, a 7-month peak.
    • The price of 1INCH could break the short-term hurdle at $0.50 and target $1.
    • Currently, 1INCH trades around $0.33, near a critical pivot zone.

    1INCH, the native token of the 1inch Network, has skyrocketed to a seven-month high of $0.36, up 11% in 24 hours and more than 80% in the past week.

    This uptick, fueled by a combination of team accumulation, exchange withdrawals, and booming decentralised activity, signals a potential structural reversal for the decentralised exchange aggregator.

    With trading volumes spiking and technical indicators flashing bullish signals, it’s possible 1INCH could extend gains.

    1inch price performance

    1inch has extended its recent rally, building on gains since rebounding from a low of $0.18 on July 8, 2025.

    The token, which had traded as low as $0.15 in April, has since broken through a key resistance level to reach price levels not seen since January.

    The latest surge comes amid reports of significant accumulation by the project team, with millions of dollars’ worth of 1INCH tokens reportedly purchased.

    The development has reduced the circulating supply and reinforced investor confidence, helping fuel the current bullish momentum.

    However, the altcoin’s gains align with Bitcoin’s retreat.

    Profit taking has pushed BTC down from above $122k to around $117k, suggesting a likely downturn.

    Nonetheless, analysts are bullish that a reversal will give bulls another lift.

    “Bitcoin’s retracement is healthy: it slows leverage, resets funding rates and implied volatility, and moves open interest from speculative upside calls into fresh strikes and maturities, giving the next leg of the bull market a sturdier foundation,” said Pierre Rochard, CEO of the Bitcoin Bond Company.

    What’s next for 1INCH?

    1INCH’s trajectory has been on the upside since July 8 as buyers broke above the short-term hurdle of $0.32.

    With a successful retest in place, the 1inch price could go on to target highs of $0.50.

    Short-term, a break above $1 will encourage bulls to hunt the April 2022 supply zone around $1.77.

    1inch price chart by TradingView

    The nearly 80% spike this week also comes amid fresh DeFi momentum, with trading volumes across decentralized exchanges on the up.

    The MACD indicator remains bullish. However, 1INCH is trading in the overbought zone with the daily RSI at 78.

    As such, currently trading at $0.37 means 1INCH sits at a critical pivot zone.

    Resistance levels at $0.37, $0.39, and $0.42 are the immediate hurdles.

    If bulls break these barriers, a rally toward $1 or higher could unfold.

    However, traders might want to watch for volatility, as a pullback to $0.30 could welcome bears back into contention.

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  • 1INCH price up 15% as BTC gains: what’s driving 1inch higher?

    1INCH price up 15% as BTC gains: what’s driving 1inch higher?

    • 1inch price performance amid market recovery
    • The 1INCH token has spiked 15% in the past week amid Bitcoin’s rise to above $95k.
    • Could a key 1inch Investments Fund development help 1INCH price higher?

    The 1inch Network token (1INCH) has seen an impressive 15% surge over the past week, reaching $0.2089 as of April 28, 2025.

    According to CoinMarketCap data, this includes a nearly 4% spike in the past 24 hours.

    It’s an upward movement that aligns with a broader crypto market recovery, currently seeing Bitcoin (BTC) hover above a key level.

    As 1inch price looks to break higher, other altcoins such as Casper are rallying.

    Meanwhile, BTC is bidding for an uptick towards $100k – the psychological level that could buoy altcoins in the short term.

    Currently, Bitcoin price sits around $95,218, up 1.9% in the past 24 hours and nearly 10% in the past week.

    With the overall market sentiment seeing bulls take charge, it’s altcoins like 1INCH that could ride a wave of positive momentum to go parabolic.

    Why is 1INCH surging today?

    As noted above, 1inch price has traded higher amid Bitcoin’s spike to above $95k.

    It’s an overall outlook that could continue to dictate bulls’ performance.

    However, a likely key driver behind 1INCH’s price surge is the strategic moves by 1inch’s Investment Fund.

    According to Spot On Chain, the fund recently rotated profits from Wrapped Bitcoin (WBTC) into $1INCH.

    The fund has sold 70.76 WBTC for 6.68 million USDC and then used 1.05M USDC to buy back 5.23 million 1INCH at the average buy price of $0.199.

    This move signals strong confidence in 1INCH’s future value, especially given the fund’s historical success in trading its own token. Previously, 1inch achieved a 118% profit from trading.

    Additional tailwinds for 1INCH may have come from 1inch’s announcement of a new mobile wallet feature.

    This recent update, which enhances web3 accessibility, might be a key driver of 1inch adoption, increasing demand for the native 1INCH token.

    1INCH price prediction

    From a technical perspective, 1INCH shows promising signs for continued growth.

    The Relative Strength Index (RSI) currently sits around 65, indicating that the token is nearing overbought territory but still has room before hitting extreme levels above 80.

    This suggests sustained buying pressure, though traders should watch for potential pullbacks if RSI climbs higher.

    1inch chart by TradingView

     

    Meanwhile, the Moving Average Convergence Divergence (MACD) displays a bullish crossover.

    As can be seen in the chart above, the MACD line is above the signal line and has a positive histogram, reinforcing the upward trend.

    The price is also hugging the upper Bollinger Band. Based on this, $1INCH could target $0.24 in the short term, a level it previously reached in 2024. If this happens, bulls may eye new highs.

    However, if overbought conditions trigger profit-taking, a dip to $0.18 might occur as a key support level.

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