- 1inch price reached highs of $0.36, a 7-month peak.
- The price of 1INCH could break the short-term hurdle at $0.50 and target $1.
- Currently, 1INCH trades around $0.33, near a critical pivot zone.
1INCH, the native token of the 1inch Network, has skyrocketed to a seven-month high of $0.36, up 11% in 24 hours and more than 80% in the past week.
This uptick, fueled by a combination of team accumulation, exchange withdrawals, and booming decentralised activity, signals a potential structural reversal for the decentralised exchange aggregator.
With trading volumes spiking and technical indicators flashing bullish signals, it’s possible 1INCH could extend gains.
1inch price performance
1inch has extended its recent rally, building on gains since rebounding from a low of $0.18 on July 8, 2025.
The token, which had traded as low as $0.15 in April, has since broken through a key resistance level to reach price levels not seen since January.
The latest surge comes amid reports of significant accumulation by the project team, with millions of dollars’ worth of 1INCH tokens reportedly purchased.
The development has reduced the circulating supply and reinforced investor confidence, helping fuel the current bullish momentum.
However, the altcoin’s gains align with Bitcoin’s retreat.
Profit taking has pushed BTC down from above $122k to around $117k, suggesting a likely downturn.
Nonetheless, analysts are bullish that a reversal will give bulls another lift.
“Bitcoin’s retracement is healthy: it slows leverage, resets funding rates and implied volatility, and moves open interest from speculative upside calls into fresh strikes and maturities, giving the next leg of the bull market a sturdier foundation,” said Pierre Rochard, CEO of the Bitcoin Bond Company.
What’s next for 1INCH?
1INCH’s trajectory has been on the upside since July 8 as buyers broke above the short-term hurdle of $0.32.
With a successful retest in place, the 1inch price could go on to target highs of $0.50.
Short-term, a break above $1 will encourage bulls to hunt the April 2022 supply zone around $1.77.
The nearly 80% spike this week also comes amid fresh DeFi momentum, with trading volumes across decentralized exchanges on the up.
The MACD indicator remains bullish. However, 1INCH is trading in the overbought zone with the daily RSI at 78.
As such, currently trading at $0.37 means 1INCH sits at a critical pivot zone.
Resistance levels at $0.37, $0.39, and $0.42 are the immediate hurdles.
If bulls break these barriers, a rally toward $1 or higher could unfold.
However, traders might want to watch for volatility, as a pullback to $0.30 could welcome bears back into contention.
Other Articles
The Off The Grid Studio
No Comment! Be the first one.