1inch Network (1INCH) Price Prediction 2024-2030: Will 1INCH Price Reach $1 Soon?

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  • By 2029, 1inch Network (1INCH) may surpass its ATH of $7.50 due to increased adoption and technological advancements.
  •  1INCH might even reach $10.00 by 2030, driven by innovative developments and market optimism. 
  • 1INCH could hit $15.00 by 2040 with global integration and regulatory support.

1inch Network (1INCH) has been a focal point in the crypto world, capturing attention and sparking debates across the industry. The ongoing development and strategic partnerships have positioned 1INCH as a promising contender in the market, despite facing some uncertainties.

These dynamics have caused fluctuations in its price, leaving investors and analysts speculating about its future. Despite the turbulence, 1INCH has maintained a strong position in CoinMarketCap’s top 100, showcasing its resilience and potential.

1inch Network (1INCH) Real-Time Market Status

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What is 1inch Network (1INCH)?

In the realm of decentralized finance (DeFi), 1inch Network stands out as a decentralized exchange aggregator that sources liquidity from various platforms to offer the best rates for users. This innovative approach has made 1inch Network a preferred choice for traders looking to optimize their transactions across different decentralized exchanges (DEXs).

The 1inch Foundation leverages 1INCH and its network to power a sophisticated ecosystem. This platform transforms how decentralized applications, businesses, and organizations handle transactions, making each process faster, more efficient, and highly cost-effective.

1inch Network (1INCH) Current Market Status

Over the past month, 1INCH has experienced a bullish rally, with its price climbing from a low of $3.20 to a high of $4.50. This positive trend is evident on daily and weekly charts, which recorded gains of 5.67% and 10.25%, respectively.

At the time of writing, 1INCH was valued at $3.80. As the 85th largest cryptocurrency, its market cap rose to $600 million, supported by a circulating supply of 158,000,000 1INCH tokens. The trading volume for 1INCH also reflected this momentum.

In the past 24 hours alone, trading volume soared by 12.82%, reaching $120 million. This surge suggests increased interest and activity, driven by positive market sentiment and growing investor confidence in 1INCH.

1INCH’s price range currently fluctuates between $3.70 and $4.00, with solid support at the $3.70 mark.

1inch Network (1INCH) Price Prediction 2024-2030 Overview

YearPotential Low ($)Potential High ($)
2024$3.20$4.50
2025$3.40$4.80
2026$4.00$5.50
2027$4.50$6.00
2028$5.00$7.00
2029$6.00$8.00
2030$7.00$10.00

1inch Network (1INCH) Price Prediction/Analysis

The recent fluctuations in 1INCH’s price have captivated traders, stirring curiosity and concern. Despite its recent struggles, a sense of anticipation about a potential rebound exists. Therefore, our analysis delves into 1INCH’s prospects, exploring what might lie ahead for the token.

1inch Network (1INCH) Price Prediction: Moving Averages

Looking at other charts, we see a clear upward trend in the price of the cryptocurrency. From the beginning of the chart, around January 2024, there is a gradual increase in price, with occasional dips and corrections. The chart indicates several support levels where the price tends to find buying interest and bounce back. Key support levels are observed around $2.80, $3.00, and $3.20. Notable resistance levels can be identified around $3.60 and $3.80.

The Alligator displays moving averages (MAs) such as the 20-period EMA (Exponential Moving Average), 50-period EMA, and 100-period EMA. The 20-period EMA appears to act as dynamic support during upward movements. The 50-period EMA provides a smoother trend indication and can confirm the strength of a trend. The price often bounces off this MA during corrections. Additionally, the price, the price bouncing off the 100-period EMA suggests strong bullish momentum. On the other hand, we see that the Relative Strength Index (RSI) appears to be around 60, indicating that the cryptocurrency is not yet in overbought territory but has room for further upside potential.

 4-hour 1INCH/USDT | Source: TradingView

The chart shows a classic uptrend pattern characterized by higher highs and higher lows. Each correction or pullback is followed by a continuation of the uptrend, indicating bullish sentiment. The price respecting support and resistance levels further confirms the validity of these technical levels.

1inch Network (1INCH) Price Prediction: Bollinger Bands

Looking at other indicators, we see that the price has bounced of the middle band, indicating found or renewed support after the recent corrections evidenced by the latest price movements. The Bollinger Bands are also wide apart which indicates that the market is volatile. With the renewed support, 1inch could potentially rise to the upper Bollinger Band before we see another retraction move. 

 4-hour 1INCH/USDT | Source: TradingView

On the flip side, we see that the Woodies CCI is at 25 which indicates bullishness on the token. The CCI has shifted from the negative region as it si now headed north, indicating that the token is now recovering from the recent corrections. Should bulls keep up the pace, we could likely see a bullish long-term for the token. 

1inch Network (1INCH) Price Prediction 2025

In 2025, 1inch Network (1INCH) could benefit from broader acceptance and technological advancements. Price predictions indicate a potential high of $4.80 and a low of $3.40, averaging around $4.10 for the year as the cryptocurrency market stabilizes and matures.

1inch Network (1INCH) Price Prediction 2026

The forecast for 2026 suggests continued growth for 1inch Network (1INCH). With further integration into various sectors and enhanced utility, the price may range between $4.00 and $5.50. 

1inch Network (1INCH) Price Prediction 2027

By 2027, 1inch Network (1INCH) might see a significant rally. The price could potentially reach a high of $6.00, with a low estimate of $4.50. Analysts predict an average price of about $5.50 as the demand for 1INCH increases with new developments and partnerships.

1inch Network (1INCH) Price Prediction 2028

In 2028, 1inch Network (1INCH) is expected to maintain its upward trajectory. The price could fluctuate between $5.00 and $7.00, with an average around $6.00, driven by sustained interest and broader market trends.

1inch Network (1INCH) Price Prediction 2029

The year 2029 might see 1inch Network (1INCH) consolidating its gains. The price range is predicted to be between $6.00 and $8.00. 

1inch Network (1INCH) Price Prediction 2030

By 2030, 1inch Network (1INCH) could reach new heights. Price predictions suggest a high of $10.00 and a low of $7.00, averaging around $8.50. 

FAQs

1. What is 1inch Network (1INCH)?

1inch Network is a decentralized exchange (DEX) aggregator that sources liquidity from various platforms to offer users the best rates for their trades.

2. How is 1INCH performing in the current market?

As of now, 1INCH is trading at $3.80 and ranks 85 on CoinMarketCap with a market cap of $600 million.

3. What factors could influence 1INCH’s price in the coming years?

Several factors could influence 1INCH’s price, including technological advancements, broader adoption of DeFi solutions, strategic partnerships, market sentiment, and regulatory developments.

4. Is 1INCH expected to surpass its all-time high (ATH)?

Yes, by 2029, 1INCH is predicted to surpass its ATH of $7.50. Some forecasts even suggest it could reach $10.00 by 2030, driven by market optimism and further innovation in the DeFi space.

5. What technical indicators suggest 1INCH could continue its upward trend?

Technical indicators like moving averages (20-period EMA, 50-period EMA, and 100-period EMA) and the Relative Strength Index (RSI) suggest bullish momentum.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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