Key Takeaways
- 1INCH price faces a strong battle around $0.41.
- In 2024, 1inch price might record a maximum level of $0.527.
- By the end of 2030, we might see 1inch price surging toward $5.16.
The 1inch network is a prominent decentralized exchange (DEX) aggregator. To gauge its future prospects, it’s crucial to look at the 1inch price prediction for 2024.
1inch Labs and the 1inch Foundation facilitate the development and expansion of the network. The non-profit 1inch Foundation initiated the 1INCH token, while the community-driven 1inch DAO manages the token’s smart contract within the network. This structure supports community governance of the token’s functions.
The 1inch protocol offers a trading platform that searches for optimal transactions across various DEXes. It enables 1inch users to swap cryptocurrencies, granting access to multiple liquidity sources on Polygon, including platforms like Curve, SushiSwap, QuickSwap, and Aave V2.
Overview
Cryptocurrency | 1inch |
Token | 1INCH |
Price | $0.41 |
Market Cap | $520,085,203 |
Trading Volume | $23,177,051 |
Circulating Supply | 1,254,111,772 INCH |
All-time High | $7.87 |
All-time Low | $0.22 |
24 High | $0.406 |
24 Low | $0.419 |
1INCH Price Prediction: Technical Analysis
Metric | Value |
Current Price | $ 0.415655 |
Price Prediction | $ 1.385799 (229.90%) |
Fear & Greed Index | 33 (Fear) |
Sentiment | Neutral |
Volatility | 4.77% |
Green Days | 15/30 (50%) |
50-Day SMA | $ 0.421143 |
200-Day SMA | $ 0.454592 |
14-Day RSI | 53.67 |
1INCH Price Analysis
1INCH price loses buying confidence as it struggles around $0.41
- 1INCH price struggles in gaining buying demand above $0.41
- Resistance for 1INCH is present at $0.422
- Support for 1INCH/USD is present at $0.354
The 1INCH price analysis for 14 July confirms that 1INCH witnessed a bearish pressure as it struggled to surge above $0.41. However, buyers continue to defend a decline below the immediate Fib channels.
1INCH price analysis 1-day chart: Bulls aim for a rise in dominance
Analyzing the daily price chart of 1inch, 1INCH’s price witnessed a bullish rally after bears failed to hold the price below $0.4. Over the last 24 hours, 1INCH price has been on a bullish trend as it is aiming for a surge above $0.41; however, sellers are strongly defending. The 24-hour volume surged to $237K, showing an increased interest in trading activity today. 1INCH price is currently trading at $0.41, increasing by over 0.2% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and currently hovers around 54-level, showing that bulls are slowly gaining the momentum of the price chart. The SMA-14 level suggests upward volatility in the next few hours.
1INCH/USD 4-hour price chart: Bears aim for a decline below moving averages
The 4-hour 1INCH price chart suggests 1INCH price continues to experience bullish activity within $0.41, creating a positive sentiment on the price chart. As the price continues to surge above EMA lines, bears are aiming to create a plunge below EMA20.
The BoP indicator is trading in a bullish region at 0.6, hinting that buyers are trying to build pressure near support levels and boost an upward correction.
Additionally, the MACD trend line has formed green candles above the signal line and the indicator aims for a positive momentum, strengthening bullish positions.
1inch Price Prediction: Levels And Action
Daily Simple Moving Average (SMA)
Period | Value | Action |
SMA 3 | $ 0.403512 | BUY |
SMA 5 | $ 0.403874 | BUY |
SMA 10 | $ 0.396056 | BUY |
SMA 21 | $ 0.39757 | BUY |
SMA 50 | $ 0.421143 | SELL |
SMA 100 | $ 0.427507 | SELL |
SMA 200 | $ 0.454592 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
EMA 3 | $ 0.394141 | BUY |
EMA 5 | $ 0.395562 | BUY |
EMA 10 | $ 0.400669 | BUY |
EMA 21 | $ 0.411281 | BUY |
EMA 50 | $ 0.424224 | SELL |
EMA 100 | $ 0.437381 | SELL |
EMA 200 | $ 0.43579 | SELL |
What to expect from 1INCH price analysis next?
The hourly price chart confirms bears are making efforts to prevent the 1INCH price from an immediate surge. However, if the 1INCH price successfully breaks above $0.422, it may surge higher and touch the resistance at $0.467.
If bulls cannot initiate a surge, 1INCH price may drop below the immediate support line at $0.354, resulting in a correction to $0.333.
Is 1INCH A Good Investment?
It’s challenging to determine the right time to buy 1INCH, as it’s close to an all-time low and it’s uncertain when the dip will end or how much it might recover. However, 1Inch offers a valuable service and the token has potential. As with any crypto investment, thorough research is crucial before deciding to invest in 1INCH.
Why is 1INCH Price Up Today?
1INCH price made a heavy decline in the last few days following Bitcoin’s significant bearish liquidation. However, the price of 1INCH has been surging upward in the last few hours as buyers strongly defended immediate support channels.
Will 1INCH Price Reach $1?
Depending on the current market sentiment and buying demand, we might see 1INCH price touching the $1 milestone in the coming months. According to our prediction, 1INCH price might hit the $1 mark in 2026.
Will 1INCH Price Reach $10?
If the altcoin market remains robust in the coming years and 1inch develops more user-friendly utilities, we might see its price surpassing the $10 mark.
Is 1INCH a Good Long-Term Investment?
Yes, 1INCH is a good long-term investment option. As buyers’ interest continues to grow and the network expands, we might see profitable returns by investing in 1INCH.
Recent 1INCH News/Opinions
Notcoin (NOT), a well-liked mini-game on the Telegram network, has teamed up with 1inch and Sign to introduce “Triangle,” a startup accelerator aimed at enhancing the Telegram and TON crypto ecosystems.
1inch Price Prediction July 2024
1inch price triggered an intense bearish rally over the last few days as Bitcoin price dropped below the $53K mark. As a result, sellers are continuing to dominate the price chart around support lines. However, if the altcoin market gains momentum in July following Bitcoin’s surge above $60K, we might see a robust comeback in the 1INCH price.
As a result, it is anticipated that the 1inch Network will have a minimum price of $0.35 in July. The maximum price level could hit $0.46, with an expected average price of $0.4 throughout the year.
1inch Price Prediction | Potential Low | Potential Average | Potential High |
1inch Price Prediction July 2024 | $0.35 | $0.4 | $0.46 |
1inch Price Prediction 2024
In 2023, the 1INCH token struggled significantly, showing minimal growth in a year where the broader crypto market saw its value double.
Investors in the token, which underpins the 1inch Network decentralized exchange and aggregator, are hopeful for a more robust recovery in the future.
It is anticipated that the 1inch Network will have a minimum price of $0.4434 in 2024. The maximum price level could hit $0.5270, with an expected average price of $0.4631 throughout the year.
1inch Price Prediction | Potential Low | Potential Average | Potential High |
1inch Price Prediction 2024 | $0.4434 | $0.4631 | $0.527 |
1inch Network Token Price Prediction 2025-2030
Year | Minimum Price | Average Price | Maximum Price |
2025 | 0.6415 | 0.6600 | 0.7827 |
2026 | 0.9074 | 0.9404 | 1.1000 |
2027 | 1.3400 | 1.3800 | 1.5800 |
2028 | 1.9500 | 2.0000 | 2.3000 |
2029 | 2.9000 | 3.0000 | 3.3300 |
2030 | 4.3400 | 4.4900 | 5.1600 |
1inch Price Prediction 2025
Historically, the full impact of a Bitcoin Halving isn’t felt until about a year to a year and a half afterward. This suggests that new all-time highs for Bitcoin and other cryptocurrencies might occur around 2025. Considering this, along with the ongoing development of the 1inch network and the growing adoption of modular blockchain technology, the outlook appears positive for the year ahead.
In 2025, the 1inch Network is expected to achieve a minimum price of $0.6415. It could potentially reach a high of $0.7827, with an average price of $0.6600 during the year.
1INCH Price Forecast for 2026
For 2026, forecasts indicate that the 1inch Network will see a minimum price of $0.9074. The maximum price is projected to be around $1.10, with an average trading price of $0.9404 throughout the year.
1inch Network (1INCH) Price Prediction 2027
According to predictions and technical analysis, the 1inch Network’s price is expected to start at a minimum of $1.34 in 2027. The maximum price may reach $1.58, with an average of $1.38 throughout the year.
1inch Network Price Prediction 2028
Based on detailed technical analysis of past data, the 1inch Network’s price in 2028 is projected to start at a minimum of $1.95. The maximum price could rise to $2.30, with an average trading value of $2.00.
1inch Network Price Prediction 2029
Predictive analysis suggests that in 2029, the 1inch Network will have a minimum price of $2.90. The maximum price is expected to reach $3.33, with an average of $3.00 during the year.
1inch Network (1INCH) Price Prediction 2030
The 1inch Network is forecasted to have a minimum price of $4.34 in 2030. The potential maximum price is $5.16, with an average expected price of $4.49 throughout the year.
1inch Price Prediction: Analysts’ 1INCH Price Forecast
Firm Name | 2024 | 2025 |
Coincodex | $0.8 | $1.99 |
DigitalCoinPrice | $0.9 | $1.07 |
Changelly | $0.463 | $0.665 |
Cryptopolitan’s 1inch (1INCH) Price Prediction
At Cryptopolitan, we are bullish on 1INCH’s upcoming price targets based on its recent market fluctuations and community hype. We expect that the 1inch Network will have a minimum price of $0.4434 in 2024. The maximum price level could hit $0.5270, with an expected average price of $0.4631 throughout the year.
1inch (1INCH) Historic Price Sentiment
- During early 2021, the crypto market experienced significant growth, allowing 1INCH to reach a peak of $7.87 on May 8, before declining to $2.89 by the end of the year.
- The year 2022 proved challenging for cryptocurrencies, including 1INCH, which fell below one dollar in May and ended the year at $0.384 after a series of market crashes—marking a decline of over 80%.
- In 2023, 1INCH had a mixed year; it experienced a high of $0.6896 in a robust market, but struggled significantly after the U.S. SEC announced lawsuits against major crypto exchanges like Binance and Coinbase. This news led to a new low of $0.2535 on June 15.
- A brief spike occurred on July 17, pushing the price up to $0.5811, mainly fueled by buzz on the Upbit exchange, but this was followed by another fall to $0.2211 on September 11.
- The token managed a slight recovery to $0.254 by October 19, 2023, and eventually closed the year at $0.4265, marking a 10% annual increase, which seems modest compared to the overall crypto market’s doubling in the same period.
- Though, 1inch price started 2024 on a bullish note, it failed to maintain its momentum. As a result, the price declined heavily in April and touched below $0.4.
- The price is currently consolidating around the $0.4 mark.
Also Read: Best crypto exchanges for US residents: How to choose the best