1inch ($1INCH) Crypto Forecast: Up 5.2% Today

What is 1inch?

1INCH, a cryptocurrency token associated with the 1inch Network, a decentralized exchange aggregator, saw a surge in value today amid positive market conditions.

Why is 1inch going up?

1INCH crypto is up 5.2% on Sep 18, 2024 23:35

• Factors contributing to the bullish movement of 1INCH include:
• Positive long-term price forecasts for 1INCH boosting investor confidence and driving up demand.
• Speculation surrounding 1INCH potentially reaching $1 in the future attracting traders seeking to profit from possible gains.
• Overall optimistic market sentiment in the cryptocurrency space creating a conducive atmosphere for 1INCH to rise in value.

1INCH Price Chart

1INCH News

1inch Network Price Prediction 2024 – 2030: Will 1INCH Crypto Skyrocket To $1?

1inch Network Price Prediction 2024 – 2030: Will 1INCH Crypto Skyrocket To $1?

https://coinpedia.org/price-prediction/1inch-network-price-prediction/

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1inch Price History

07.08.2024 - 1INCH Crypto was up 5.5%

• Traders on Binance aggressively shorting altcoins might have triggered a short squeeze, leading to a price surge in 1INCH as traders hurried to cover their positions.
• A partnership between Mastercard and Mercuryo to support non-custodial crypto wallets could have bolstered general confidence in the cryptocurrency market, impacting 1INCH positively.
• Despite facing heavy shorting, the optimistic sentiment surrounding 1INCH prevailed, resulting in a notable price increase.
• Factors such as positive market sentiment, potential short squeezes, and emerging bullish signs for 1INCH likely played a part in its impressive 15% price surge today.

20.07.2024 - 1INCH Crypto was up 6.3%

• The positive market sentiment and growing demand for decentralized exchange tokens could be reasons behind the bullish movement of 1INCH today.
• Speculation about upcoming token unlocks potentially influenced the bullish movement, with investors expecting heightened liquidity and trading volume for 1INCH.
• Optimism regarding the future outlook of 1INCH has spurred increased buying pressure, contributing to the upward price trend.

25.07.2024 - 1INCH Crypto was down 5.2%

• The bearish movement of 1INCH today might be due to profit-taking by investors following a recent price surge.
• The attention on upcoming token unlocks could have created uncertainty and selling pressure on 1INCH.
• Investors may be cautious about the potential dilution of token value from increased supply due to upcoming unlocks, which could negatively impact 1INCH's price.
• Market sentiment surrounding token unlocks and their influence on individual token prices may have prompted traders to take a bearish stance on 1INCH today.

11.08.2024 - 1INCH Crypto was down 5.3%

• Today's downward trend in 1INCH could be explained by the following factors:
• Aggressive shorting of altcoins by traders on Binance potentially generated a bearish sentiment, impacting 1INCH adversely.
• Despite positive developments like Mastercard partnering with Mercuryo to back non-custodial crypto wallets, broader market sentiment may have overshadowed this partnership for 1INCH.
• The significant short positions on altcoins, as discussed recently, could have contributed to a general market decline, affecting 1INCH and other cryptocurrencies.
• Despite price increases in Bitcoin and certain altcoins like INJ, 1INCH's downward movement implies that distinct factors specific to the token itself might have played a role.

18.08.2024 - 1INCH Crypto was up 5.2%

• Factors contributing to the bullish movement of 1INCH include:
• Positive long-term price forecasts for 1INCH boosting investor confidence and driving up demand.
• Speculation surrounding 1INCH potentially reaching $1 in the future attracting traders seeking to profit from possible gains.
• Overall optimistic market sentiment in the cryptocurrency space creating a conducive atmosphere for 1INCH to rise in value.

05.08.2024 - 1INCH Crypto was up 18.3%

• 1INCH gained 15% in value today, showing a strong bullish movement.
• The 1inch team's purchase of a significant amount of $1INCH tokens at a price of $0.22 may have contributed to the bullish trend, indicating confidence in the project.
• The overall positive sentiment in the cryptocurrency market, with Bitcoin holding steady at $57K, likely supported the upward momentum of 1INCH.
• Despite hitting an all-time low at $0.214, the emergence of bullish signs suggests potential market optimism and investor interest in 1INCH's future prospects.

04.08.2024 - 1INCH Crypto was up 5.5%

• The recent purchase of a substantial amount of $1INCH tokens by the 1INCH team at a low price of $0.22 may have bolstered market confidence, indicating their belief in the project's future potential.
• Encouraging technical indicators and on-chain data suggest a potential rally on the horizon, attracting more investors to 1INCH and driving up its price.
• Positive developments related to the team's token acquisition, combined with bullish indicators, are likely contributing to investor optimism and the strong bullish movement in 1INCH.

05.08.2024 - 1INCH Crypto was down 5.0%

• The recent surge in price for 1INCH led to profit-taking by traders despite showing bullish signs by hitting a new all-time high.
• Negative market sentiment, possibly influenced by heavy shorting of altcoins, could have contributed to the bearish movement of 1INCH.
• Attention and investment may have shifted away from 1INCH due to sudden rallies in two Ethereum-based DeFi altcoins following significant whale purchases.
• While the partnership between Mastercard and Mercuryo in supporting non-custodial crypto wallets boosted overall market sentiment, its impact on 1INCH's movement today was limited.

05.08.2024 - 1INCH Crypto was up 10.0%

• The heavy shorting of altcoins possibly triggered a short squeeze effect, leading to a surge in 1INCH.
• The large purchase of 1INCH tokens by the 1inch team at a specific price point might have demonstrated confidence in the token's future, increasing demand.
• Positive sentiment in the cryptocurrency market, particularly for altcoins like 1INCH and INJ, could have influenced the bullish movement.
• Despite reaching an all-time low at $0.214, bullish signs are emerging for 1INCH, hinting at a potential sentiment reversal and renewed investor interest driving the upward momentum.

04.08.2024 - 1INCH Crypto was up 21.3%

• The sudden rallies in two Ethereum-based DeFi altcoins, including 1INCH, following whale purchases, indicate increased investor interest and confidence in the tokens.
• The news of the 1INCH team purchasing a significant amount of tokens at a lower price could have sparked positive sentiment among investors, leading to a bullish movement.
• Technical indicators and on-chain data pointing towards a potential rally for 1INCH further supported the bullish market movement.
• Overall, the combination of whale purchases, team buybacks, and positive technical indicators likely contributed to the strong bullish movement of 1INCH today.

04.08.2024 - 1INCH Crypto was up 22.1%

• 1INCH hit an all-time low of $0.214 but displayed bullish signs, leading to a strong upward movement.
• The purchase of 7.96M $1INCH tokens by the 1inch team at $0.22 likely instilled confidence in the market, indicating a positive outlook for the token.
• The sudden rallies in two Ethereum-based DeFi altcoins following whale purchases could have sparked increased interest and investment in the DeFi sector, benefiting tokens like 1INCH.
• Technical indicators and on-chain data pointing towards a rally ahead for 1INCH further fueled investor optimism and contributed to the bullish movement.

11.07.2024 - 1INCH Crypto was down 5.1%

• The bearish movement in 1INCH today may be due to several factors:
• A significant deposit of 12.95 million 1INCH tokens to Coinbase Prime, possibly creating selling pressure and leading to a price decrease.
• The influx of a large amount of 1INCH tokens on a major exchange like Coinbase Prime, potentially sparking profit-taking by current holders and contributing to the bearish movement.
• Investors could view Patnera Capital's deposit as a sign of selling pressure or wavering confidence in the token, prompting them to sell their holdings and pushing the price lower.
• The market sentiment around 1INCH may have been negatively affected by the sudden supply increase on Coinbase Prime, causing traders to sell their positions and drive the token into a bearish trend.