$0.37
+ $0.01 (3.46%)
End-of-day quote: 2022-10-17
1INCH/USD

Is 1inch currently in an uptrend?

According to analysts, the answer is no. Since November 30, 2021, 1inch has been on a long-term downswing, decreasing in value by -89.55 percent. The 200-day moving average is currently 159.45 percent less than the current price, 85.75 percent less than the 100-day moving average, and 65.58% lower than the 50-day moving average.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The 1inch Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $0.43. Others were much less optimistic, with an anticipated price of $0.32.

The most recent average price target for the following year is $0.37, which is the most crucial number.

This means that 1inch could drop by -0.27% in value during 2023.

1INCH - Relative Strength Forecast

1inch broke through the 25 strength line from above on 2022-08-24 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Early Oct 2022 we see how the relative strength falls from above 25 to below 25. Thus, 1inch has been in a sell signal since 2022-10-07.

1INCH - Trend Prediction

1INCH - Price Volatility Prediction

From 09/26/2022 we see a weak 1inch below the moving average, which thereby causes falling prices of 1inch. From early Oct 2022 we then see a weak 1inch, which then triggers a sell signal.

1INCH - Relative Strength

From 08/13/2022 to 08/14/2022 1inch was so overbought that this led to a reversal trend. Early Oct 2022 we then see 1inch developing more and more weakness, which is a sell signal.

1INCH - Momentum Forecast

Early Oct 2022 1inch left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for 1inch for a longer period of time which led to negative signals for 1inch.

The Future of 1inch In 2025-2030

The future of 1inch looks bright according to seven analysts who predict that the cryptocurrency will reach $0.37 by March 2025. In five years, the price of 1inch is expected to be $0.37, and by 2030, it is anticipated to reach $0.36.