Sunday, September 25, 2022

1inch Network (1INCH) Price Prediction: Will 1INCH Hit $1.5 in 2022?

  • Bearish 1inch Network (1INCH) price ranges from $0.5591 to $0.6376 within the past seven days.
  • Analysis suggests that the 1INCH price might reach above $1.5 soon.
  • The 1INCH bearish market price prediction for 2022 is $0.472.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, 1inch Network (1INCH) is one of them.

The 1inch Network is a collection of composable, decentralized, and intrinsically interconnected financial products. The 1inch Network is accessible to a wide range of crypto and decentralized finance (DeFi) users, allowing basic and complex capabilities that let anyone access and explore the DeFi world.

If you are interested in the future of 1INCH and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading!

What Is 1inch Network (1INCH)?

The 1inch Network combines decentralized protocols whose collaboration enables the most profitable, fast, and secure DeFi operations.

The initial protocol of the 1inch Network is a decentralized exchange (DEX) aggregator that provides users with better rates than a single exchange by searching for deals across multiple liquidity sources. The 1inch Aggregation Protocol compares over 240+ liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis Chain to determine the optimal paths. 

A next-generation automated market maker (AMM), the 1inch Liquidity Protocol safeguards users from front-running attacks and presents lucrative opportunities to liquidity providers.

The 1inch Limit Order Protocol lets limit order swaps happen in the most creative and flexible ways in DeFi. Features of the protocol, such as dynamic pricing, conditional charges, and more RFQ support, make it possible to use it in many ways, such as stop-loss and trailing stop orders and auctions.

A multichain mobile platform, the 1inch Wallet offers a user-friendly interface and secure storing transaction and staking capabilities. From the ground up, this adaptable Wallet was designed to simplify using 1inch’s features. Under the decentralized autonomous organization (DAO) model, protocol parameters are voted on using the governance token 1INCH of the 1inch Network.

1inch is non-custodial, and all transactions originate from a user’s Wallet on any of the supported layer-2 networks and blockchains.

The technical foundation of each 1inch protocol offers users a high level of security. Users can connect to unreliable liquidity sources without running the risk of losing money. The protocol incorporates security checks into every transaction. The 1inch Network will integrate more than 240 liquidity sources by July 2022.

1inch Network (1INCH) Current Market Status

According to CoinMarketCap, 1inch Network (1INCH) is hovering over $0.6006 at the time of writing, with a total of 584,485,746 1INCH in circulation. 1INCH has a 24-hour trading volume of $41,849,121.03, a 9% decrease. And during the past 24 hours, the price of 1INCH increased by 4.78%. 

The most popular exchanges to trade 1inch Network (1INCH) are Binance, BTCEX, OKX, Bybit, and MEXC. Let’s continue with our 1INCH price research for 2022.

1inch Network (1INCH) Price Analysis 2022

By market capitalization, 1INCH ranks 95th on CoinMarketCap’s list of the biggest cryptocurrencies. Will 1inch Network’s most recent improvements, additions, and modifications help the 1INCH price rise? First, let’s focus on the charts in this article’s 1INCH price forecast.

1inch Network (1INCH) Price Analysis – Keltner Channel

1INCH/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

With the Keltner Channel, you can figure out a trend when volatility bands are placed on either side of the price of an asset. The Keltner Channel signals for 1INCH/USDT can be used to predict the price of 1inch Network (1INCH). People are selling 1INCH because the price is in the bottom half of the channel. We should wait for a downturn or a better entry point to increase the reward-to-risk ratio in a risk-free scenario.

1inch Network (1INCH) Price Analysis – Relative Strength Index

1INCH/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

RSI tends to stay more stable during uptrends than during downtrends. Since the RSI measures gains and losses, it makes sense. There are more significant gains during an uptrend, so the RSI stays high. On the other hand, the RSI tends to stay at lower levels for longer. The 1-Day chart has a value of 41.93, and an RSI value below 50 means that the market is in a downtrend.

1inch Network (1INCH) Price Analysis – Moving Average

1INCH/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)

The chart above shows the 1-day 1inch Network (1INCH) 200-day and 50-day Moving Averages (MAs). According to the chart above, 1INCH has been trading sideways for an extended period. The 1INCH 50-day moving average is below the 200-day moving average (long-term), indicating that the market is entirely bearish.

However, the distance between the two moving averages is gradually narrowing. However, the candlesticks are progressively approaching the 50-day MA, indicating that the price is about to reverse, but we must keep in mind that it is still below the 200-day MA. Crypto investors should wait for a few reversal patterns for an excellent risk-to-reward ratio.

1inch Network (1INCH) Price Prediction 2022

1INCH/USDT 1-Day Chart  (Source: TradingView)

Looking at the daily chart of 1INCH/USDT, the 1INCH price was swinging from $0.5591 to $0.6376 within the past seven days after going to its lowest of the month at $0.5591. Bouncing back from the support level, 1INCH is now going inside a bull flag, and we can expect the market to break out from the sideway soon.

Meanwhile, our long-term 1INCH price prediction for 2022 is bullish if it cannot break the support level. We can expect 1INCH to reach above $1 this year.

1inch Network (1INCH) Price – Resistance and Support Levels 

1INCH/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of 1INCH has decreased in the past few months. It might be breaking its $1.001 resistance 1 level and increasing it to $1.05.

If 1INCH cannot break the $1.050 resistance 1 level, the bears may seize control and dethrone 1INCH to a downtrend stance. In simple terms, the price of 1INCH might fall to almost $0.472, indicating a negative signal from the previous support level.

1inch Network (1INCH) Price Prediction 2023

1inch Network (1INCH) could end the year 2022 with a relative strength index (RSI) value of more than 70. This shows that the trend is an uptrend and bullish and will trade above $1.5 by 2022. Hence, we could expect the price of 1INCH to surge to at least $2.310 by the end of 2023, and more merchants could integrate 1INCH Pay into their payment systems.

1inch Network (1INCH) Price Prediction 2024

There will be a Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect 1INCH to trade at a price not below $3.303 by the end of 2024.

1inch Network (1INCH) Price Prediction 2025

We should expect 1INCH to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, 1INCH could end 2025 by trading at around $4.186.

1inch Network (1INCH) Price Prediction 2026

Since the maximum supply of 1INCH is approached by 2026, the bearish market that follows a 1INCHid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of 1INCH could break the usual trend and trade at $5.019 by the end of 2026.

1inch Network (1INCH) Price Prediction 2027

Investors expect a bullish run next year, 2028, due to the halving of Bitcoin. Therefore, 1INCH could trade at $6.211 by the end of 2027. 

1inch Network (1INCH) Price Prediction 2028

In 2028, Bitcoin halving will occur. Hence, the consolidating market in 2027 could be followed by a bullish run. It is, therefore, possible that the market could attain higher values. 1inch Network (1INCH) could hit $7.752 by the end of 2028. 

1inch Network (1INCH) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after the Bitcoin halving, could surge the price of 1INCH to $9.698 by the end of 2029. Also, 1INCH is likely to break its ATH value.

1inch Network (1INCH)  Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of 1inch Network (1INCH) to trade at around $12.173 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion:

1INCH might reach $1.5 in 2022 and $12.173 by 2030 if investors decide it is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is 1inch Network (1INCH)? 

The 1inch Network is a collection of composable, decentralized, and intrinsically interconnected financial products. The 1inch Network is accessible to a wide range of crypto and decentralized finance (DeFi) users, allowing basic and complex capabilities that let anyone access and explore the DeFi world.

How to buy 1INCH tokens?

1INCH can be traded on many exchanges like other digital assets in the crypto world.  Binance, BTCEX, OKX, Bybit, and MEXC are currently the most popular cryptocurrency exchanges for trading 1INCH.

Will 1INCH surpass its current ATH?

Since 1INCH provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2029. Notably, 1INCH has a high possibility of surpassing its current ATH in 2029.

Can 1INCH reach $10 soon?

1INCH is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, 1INCH might break through $5 and reach as high as $10. Of course, if the current market favoring crypto continues, it will likely happen.

Is 1INCH a good investment in 2022?

1INCH is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that 1INCH is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of 1INCH?

The lowest 1INCH price is $0.5178, attained on June 18, 2022, according to CoinMarketCap.

Which year was 1INCH launched? 

1INCH was initially launched in 2020.

Who are the co-founders of 1INCH?

Sergej Kunz and Anton Bukov co-founded 1INCH.

What is the maximum supply of 1INCH?

There is no data.

How do I store 1INCH?

1INCH can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the 1INCH price in 2023?

1INCH price is expected to reach $2.310 by 2023.

What will be the 1INCH price in 2024?

1INCH price is expected to reach $3.303 by 2024.

What will be the 1INCH price in 2025?

1INCH price is expected to reach $4.186 by 2025.

What will be the 1INCH price in 2026?

1INCH price is expected to reach $5.019 by 2026.

What will be the 1INCH price in 2027?

1INCH price is expected to reach $6.221 by 2027.

What will be the 1INCH price in 2028?

1INCH price is expected to reach $7.752 by 2028.

What will be the 1INCH price in 2029?

1INCH price is expected to reach $9.698 by 2029.

What will be the 1INCH price in 2030?

1INCH price is expected to reach $12.173 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

  • Bearish 1inch Network (1INCH) price ranges from $0.5591 to $0.6376 within the past seven days.
  • Analysis suggests that the 1INCH price might reach above $1.5 soon.
  • The 1INCH bearish market price prediction for 2022 is $0.472.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, 1inch Network (1INCH) is one of them.

The 1inch Network is a collection of composable, decentralized, and intrinsically interconnected financial products. The 1inch Network is accessible to a wide range of crypto and decentralized finance (DeFi) users, allowing basic and complex capabilities that let anyone access and explore the DeFi world.

If you are interested in the future of 1INCH and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading!

What Is 1inch Network (1INCH)?

The 1inch Network combines decentralized protocols whose collaboration enables the most profitable, fast, and secure DeFi operations.

The initial protocol of the 1inch Network is a decentralized exchange (DEX) aggregator that provides users with better rates than a single exchange by searching for deals across multiple liquidity sources. The 1inch Aggregation Protocol compares over 240+ liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis Chain to determine the optimal paths. 

A next-generation automated market maker (AMM), the 1inch Liquidity Protocol safeguards users from front-running attacks and presents lucrative opportunities to liquidity providers.

The 1inch Limit Order Protocol lets limit order swaps happen in the most creative and flexible ways in DeFi. Features of the protocol, such as dynamic pricing, conditional charges, and more RFQ support, make it possible to use it in many ways, such as stop-loss and trailing stop orders and auctions.

A multichain mobile platform, the 1inch Wallet offers a user-friendly interface and secure storing transaction and staking capabilities. From the ground up, this adaptable Wallet was designed to simplify using 1inch’s features. Under the decentralized autonomous organization (DAO) model, protocol parameters are voted on using the governance token 1INCH of the 1inch Network.

1inch is non-custodial, and all transactions originate from a user’s Wallet on any of the supported layer-2 networks and blockchains.

The technical foundation of each 1inch protocol offers users a high level of security. Users can connect to unreliable liquidity sources without running the risk of losing money. The protocol incorporates security checks into every transaction. The 1inch Network will integrate more than 240 liquidity sources by July 2022.

1inch Network (1INCH) Current Market Status

According to CoinMarketCap, 1inch Network (1INCH) is hovering over $0.6006 at the time of writing, with a total of 584,485,746 1INCH in circulation. 1INCH has a 24-hour trading volume of $41,849,121.03, a 9% decrease. And during the past 24 hours, the price of 1INCH increased by 4.78%. 

The most popular exchanges to trade 1inch Network (1INCH) are Binance, BTCEX, OKX, Bybit, and MEXC. Let’s continue with our 1INCH price research for 2022.

1inch Network (1INCH) Price Analysis 2022

By market capitalization, 1INCH ranks 95th on CoinMarketCap’s list of the biggest cryptocurrencies. Will 1inch Network’s most recent improvements, additions, and modifications help the 1INCH price rise? First, let’s focus on the charts in this article’s 1INCH price forecast.

1inch Network (1INCH) Price Analysis – Keltner Channel

1INCH/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

With the Keltner Channel, you can figure out a trend when volatility bands are placed on either side of the price of an asset. The Keltner Channel signals for 1INCH/USDT can be used to predict the price of 1inch Network (1INCH). People are selling 1INCH because the price is in the bottom half of the channel. We should wait for a downturn or a better entry point to increase the reward-to-risk ratio in a risk-free scenario.

1inch Network (1INCH) Price Analysis – Relative Strength Index

1INCH/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

RSI tends to stay more stable during uptrends than during downtrends. Since the RSI measures gains and losses, it makes sense. There are more significant gains during an uptrend, so the RSI stays high. On the other hand, the RSI tends to stay at lower levels for longer. The 1-Day chart has a value of 41.93, and an RSI value below 50 means that the market is in a downtrend.

1inch Network (1INCH) Price Analysis – Moving Average

1INCH/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)

The chart above shows the 1-day 1inch Network (1INCH) 200-day and 50-day Moving Averages (MAs). According to the chart above, 1INCH has been trading sideways for an extended period. The 1INCH 50-day moving average is below the 200-day moving average (long-term), indicating that the market is entirely bearish.

However, the distance between the two moving averages is gradually narrowing. However, the candlesticks are progressively approaching the 50-day MA, indicating that the price is about to reverse, but we must keep in mind that it is still below the 200-day MA. Crypto investors should wait for a few reversal patterns for an excellent risk-to-reward ratio.

1inch Network (1INCH) Price Prediction 2022

1INCH/USDT 1-Day Chart  (Source: TradingView)

Looking at the daily chart of 1INCH/USDT, the 1INCH price was swinging from $0.5591 to $0.6376 within the past seven days after going to its lowest of the month at $0.5591. Bouncing back from the support level, 1INCH is now going inside a bull flag, and we can expect the market to break out from the sideway soon.

Meanwhile, our long-term 1INCH price prediction for 2022 is bullish if it cannot break the support level. We can expect 1INCH to reach above $1 this year.

1inch Network (1INCH) Price – Resistance and Support Levels 

1INCH/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of 1INCH has decreased in the past few months. It might be breaking its $1.001 resistance 1 level and increasing it to $1.05.

If 1INCH cannot break the $1.050 resistance 1 level, the bears may seize control and dethrone 1INCH to a downtrend stance. In simple terms, the price of 1INCH might fall to almost $0.472, indicating a negative signal from the previous support level.

1inch Network (1INCH) Price Prediction 2023

1inch Network (1INCH) could end the year 2022 with a relative strength index (RSI) value of more than 70. This shows that the trend is an uptrend and bullish and will trade above $1.5 by 2022. Hence, we could expect the price of 1INCH to surge to at least $2.310 by the end of 2023, and more merchants could integrate 1INCH Pay into their payment systems.

1inch Network (1INCH) Price Prediction 2024

There will be a Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect 1INCH to trade at a price not below $3.303 by the end of 2024.

1inch Network (1INCH) Price Prediction 2025

We should expect 1INCH to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, 1INCH could end 2025 by trading at around $4.186.

1inch Network (1INCH) Price Prediction 2026

Since the maximum supply of 1INCH is approached by 2026, the bearish market that follows a 1INCHid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of 1INCH could break the usual trend and trade at $5.019 by the end of 2026.

1inch Network (1INCH) Price Prediction 2027

Investors expect a bullish run next year, 2028, due to the halving of Bitcoin. Therefore, 1INCH could trade at $6.211 by the end of 2027. 

1inch Network (1INCH) Price Prediction 2028

In 2028, Bitcoin halving will occur. Hence, the consolidating market in 2027 could be followed by a bullish run. It is, therefore, possible that the market could attain higher values. 1inch Network (1INCH) could hit $7.752 by the end of 2028. 

1inch Network (1INCH) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after the Bitcoin halving, could surge the price of 1INCH to $9.698 by the end of 2029. Also, 1INCH is likely to break its ATH value.

1inch Network (1INCH)  Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of 1inch Network (1INCH) to trade at around $12.173 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion:

1INCH might reach $1.5 in 2022 and $12.173 by 2030 if investors decide it is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is 1inch Network (1INCH)? 

The 1inch Network is a collection of composable, decentralized, and intrinsically interconnected financial products. The 1inch Network is accessible to a wide range of crypto and decentralized finance (DeFi) users, allowing basic and complex capabilities that let anyone access and explore the DeFi world.

How to buy 1INCH tokens?

1INCH can be traded on many exchanges like other digital assets in the crypto world.  Binance, BTCEX, OKX, Bybit, and MEXC are currently the most popular cryptocurrency exchanges for trading 1INCH.

Will 1INCH surpass its current ATH?

Since 1INCH provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2029. Notably, 1INCH has a high possibility of surpassing its current ATH in 2029.

Can 1INCH reach $10 soon?

1INCH is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, 1INCH might break through $5 and reach as high as $10. Of course, if the current market favoring crypto continues, it will likely happen.

Is 1INCH a good investment in 2022?

1INCH is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that 1INCH is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of 1INCH?

The lowest 1INCH price is $0.5178, attained on June 18, 2022, according to CoinMarketCap.

Which year was 1INCH launched? 

1INCH was initially launched in 2020.

Who are the co-founders of 1INCH?

Sergej Kunz and Anton Bukov co-founded 1INCH.

What is the maximum supply of 1INCH?

There is no data.

How do I store 1INCH?

1INCH can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the 1INCH price in 2023?

1INCH price is expected to reach $2.310 by 2023.

What will be the 1INCH price in 2024?

1INCH price is expected to reach $3.303 by 2024.

What will be the 1INCH price in 2025?

1INCH price is expected to reach $4.186 by 2025.

What will be the 1INCH price in 2026?

1INCH price is expected to reach $5.019 by 2026.

What will be the 1INCH price in 2027?

1INCH price is expected to reach $6.221 by 2027.

What will be the 1INCH price in 2028?

1INCH price is expected to reach $7.752 by 2028.

What will be the 1INCH price in 2029?

1INCH price is expected to reach $9.698 by 2029.

What will be the 1INCH price in 2030?

1INCH price is expected to reach $12.173 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

Latest news