$1INCH delivered one of the most powerful jumps of the summer — +27.15% in the last 24 hours, current price $0.3576. The decentralized aggregator is back in the spotlight!
🔍 What triggered it?
✅ Sharp increase in DEX activity
The 1inch network integrates liquidity from dozens of platforms — with the growth of on-chain trading, this creates a spike in demand for the token.
✅ Mining $1INCH in Ethereum L2
New pools and rewards activated traders → influx of liquidity and volumes.
✅ Altcoin wave
After the spikes in KNC, LQTY, and other DeFi tokens, it’s 1INCH's turn — it was 'oversold' and is now catching up.
📈 Technical analysis:
• Support level: $0.325
• Resistance: $0.39 — a breakout will open the way to $0.45
• RSI ~73 — close to overbought, but the momentum remains
• Trading volumes have nearly doubled
🔮 Forecast:
🔹 Short term: profit fixation possible, pullback to $0.33–0.34
🔹 Growth scenario: breakout at $0.39 and movement towards $0.45–0.47 with market support
🔹 Medium term: if DeFi remains in trend — $0.50+ by the end of the month is possible
💬 Are you already in $1INCH ?
📌 Or are you just watching and waiting for an entry point?
Share your opinion👇
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