Important: This 1inch (1INCH) price prediction for 2023 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their 1inch price forecast outcome differently. Hence, we strongly suggest doing your own research before buying 1inch.
DeFi technology continues to revolutionize the cryptocurrency landscape, offering traders and investors a means of earning rewards over time by holding onto their assets amid market volatility. This type of investment has become increasingly popular in recent times.
1inch (1INCH) is a project within the DeFi sector that offers substantial rewards to all stakeholders on its network. Moreover, investors in the network can leverage the multi-asset swap functionality provided by the platform.
Given these impressive features, the question arises: is 1inch (1INCH) a sound investment for 2023? Before we address this, let us first clarify what exactly 1inch (1INCH) is.
What is 1inch (1INCH)?
1inch is a blockchain-based cryptocurrency network that features a decentralized exchange known as 1inch. By utilizing the DEX, users can access the most favorable crypto price deals, allowing them to increase their potential for profit while benefiting from the DEX's robust security measures. 1inch is also among the rapidly expanding networks in the crypto industry.
Having established an understanding of 1inch (1INCH), let us delve into its current market position.
1inch (1INCH) Overview (At the time of writing)
Cryptocurrency 1inch (1INCH) Token 1INCH Price [mcrypto coin="1INCH"] [mcrypto coin="1INCH" info="change"] Market Capitalization [mcrypto coin="1INCH" info="marketcap"] Total Supply 1,500,000,000 Trading Volume [mcrypto coin="1INCH" info="volume"] All-Time High $8.65 All-Time Low $0.373690
Long-term 1Inch Price Prediction 2023, 2024, 2025 up to 2031
Source: TradingView
At present, 1INCH is valued at [mcrypto coin="1INCH"] and has experienced a negative movement of [mcrypto coin="1INCH" info="change"] within the last 24 hours, with a total trading volume of [mcrypto coin="1INCH" info="volume"]. It currently holds the [mcrypto coin="1INCH" info="rank"] position in the list of all cryptocurrencies and possesses a market capitalization of [mcrypto coin="1INCH" info="marketcap"].
To forecast the future price pattern of 1INCH (1INCH), we can make use of technical analysis indicators like the relative strength index (RSI), Arnaud Legoux Moving Average (ALMA), and moving average convergence divergence (MACD), as shown in the chart above. This analysis will enable us to predict whether 1INCH will have a bullish or bearish year.
Year Minimum Price Average Price Maximum Price 2023 $0.61 $0.71 $0.96 2024 $1.01 $1.11 $1.26 2025 $1.52 $1.62 $1.77 2026 $2.02 $2.12 $2.28 2027 $2.53 $2.63 $2.78 2028 $3.03 $3.14 $3.29 2029 $3.54 $3.64 $3.79 2030 $4.05 $4.15 $4.30 2031 $4.55 $4.75 $4.96
1INCH (1INCH) Price Prediction 2023
Month Minimum Price Average Price Maximum Price Jan 2023 $0.38 $0.46 $0.55 Feb 2023 $1.21 $1.64 $1.98 Mar 2023 $0.46 $1.04 $1.12 Apr 2023 $0.46 $0.96 $1.14 May 2023 $0.44 $0.77 $1.11 Jun 2023 $0.45 $1.06 $1.11 Jul 2023 $0.45 $1.08 $1.12 Aug 2023 $0.47 $1.09 $1.11 Sep 2023 $0.43 $0.51 $1.13 Oct 2023 $0.47 $0.61 $1.13 Nov 2023 $0.45 $0.85 $1.10 Dec 2023 $0.44 $0.88 $1.11
The 1INCH cryptocurrency has gained popularity and is expected to continue to rise in 2023. Analysts predict that 1INCH may reach a value of $0.98679 in the second half of the year, with no significant drops anticipated. The projected average price of 1INCH is $0.708101, which is ambitious but feasible considering upcoming partnerships and advancements. The minimum value of 1INCH in 2023 is estimated to be $0.406943.
1INCH (1INCH) Price Prediction 2024
Month Minimum Price Average Price Maximum Price Jan 2024 $1.11 $1.12 $1.18 Feb 2024 $1.12 $1.21 $1.26 Mar 2024 $1.10 $1.15 $1.18 Apr 2024 $1.10 $1.16 $1.32 May 2024 $1.11 $1.23 $1.25 Jun 2024 $1.10 $1.15 $1.22 Jul 2024 $1.12 $1.28 $1.34 Aug 2024 $1.11 $1.17 $1.30 Sep 2024 $1.12 $1.18 $1.22 Oct 2024 $1.10 $1.23 $1.28 Nov 2024 $1.11 $1.17 $1.21 Dec 2024 $1.10 $1.17 $1.20
In 2024, the 1INCH cryptocurrency has the potential for significant expansion, especially if there are new partnerships and initiatives announced. The expected price of 1INCH may exceed $1.26, but analysts advise waiting for the relative strength index to exit the oversold zone before placing bullish bets. The minimum trading price for 1INCH in 2024 is expected to be $1.09, and the average trading price is projected to be $1.11.
1INCH (1INCH) Price Prediction 2025
Month Minimum Price Average Price Maximum Price Jan 2025 $1.52 $1.60 $1.67 Feb 2025 $1.51 $1.78 $1.82 Mar 2025 $1.51 $1.54 $1.88 Apr 2025 $1.53 $1.72 $1.82 May 2025 $1.53 $1.72 $1.80 Jun 2025 $1.52 $1.82 $1.86 Jul 2025 $1.53 $1.71 $1.84 Aug 2025 $1.52 $1.54 $1.70 Sep 2025 $1.52 $1.66 $1.88 Oct 2025 $1.51 $1.64 $1.68 Nov 2025 $1.53 $1.55 $1.88 Dec 2025 $1.53 $1.56 $1.60
If the positive trend continues, 1INCH may reach $1.77 in 2025, but a market downturn could hinder this goal. The projected average trading price for 1INCH in 2025 is $1.62, with a low of $1.52.
1INCH (1INCH) Price Prediction 2026
If 1INCH manages to improve market sentiment, the coin price may remain stable for the next five years. Analysts predict that 1INCH will have a successful year in 2026, reaching and surpassing its all-time high with a projected value of $2.28. The expected minimum price of 1INCH in 2026 is $2.02, and the average trading price is $2.12.
1INCH (1INCH) Price Prediction 2027
Based on extensive forecasting and technical analysis, analysts expect the average trading price of 1INCH to reach $2.63 by 2027, with a minimum price of $2.53. The maximum expected value of 1INCH is $2.78.
1INCH (1INCH) Price Prediction 2028
In 2028, 1INCH is expected to continue on a bullish trend, with the average trading price projected to be $3.14 due to future partnerships. However, breaking the resistance level could result in a maximum price of $3.29. If 1INCH fails to gather enough support, the coin may have a low of $3.03 in 2028.
1INCH (1INCH) Price Prediction 2029
In 2029, 1INCH will continue its efforts towards interoperability between networks to speed up interactions, and the bullish trend from the previous year is expected to persist. The minimum trading price for 1INCH is estimated to be $3.54, with a yearly price close above $3.79.
1INCH (1INCH) Price Prediction 2030
By 2030, 1INCH is predicted to surpass its previous all-time high values and achieve new price levels. Analysts anticipate a minimum price of $4.05 and a maximum price value of $4.30, with an average trading price of $4.15.
1INCH (1INCH) Price Prediction 2031
Due to the high volatility of the cryptocurrency market, price forecasting is a challenging task. However, analysts predict that by 2031, cryptocurrency will have gained wider adoption across various sectors. In a bullish scenario, the maximum projected price of 1INCH in 2031 is $4.96, with an average price level of $4.75. As with any investment, it is important to conduct your own research before making any financial decisions.
Other Market Prediction for 1inch (1INCH) Price 2023
Digital Coin
Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate crypto analysis and the latest news stories over time. For this reason, the 2023 forecast of Digitalcoin for 1inch amounts to $1.06.
Wallet Investor
By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for 1inch amounts to $0.080.
Conclusion
1INCH Network is a cryptocurrency with an optimistic outlook, with projections suggesting a significant surge in its value over the forthcoming years. With its substantial market capitalization, it presents an alluring prospect for prospective investors seeking a lucrative opportunity. While the volatile nature of this currency may not make it an ideal choice for short-term investments, it does offer numerous prospects for long-term investments.
It is crucial to keep in mind, however, that the cryptocurrency market is unpredictable, and it is impossible to predict the future. Therefore, it is imperative that you make investment decisions that are aligned with your risk tolerance and market awareness. Additionally, it is essential to conduct your own research before investing in cryptocurrency to ensure that you are making a well-informed decision.
FAQ
What is the 1INCH (1INCH) price today?
At present, 1INCH (1INCH) is trading at [mcrypto coin="1INCH"] [mcrypto coin="1INCH" info="change"], with a total market capitalization of [mcrypto coin="1INCH" info="marketcap"].
Is 1INCH a good investment?
As one of the most talked about coins in the crypto industry over the past year, 1INCH is widely regarded as a promising investment opportunity.
How high can 1INCH go?
1INCH (1INCH) has the potential to reach an average price of $0.708101 this year and may surpass $3.29 over the next five years.
How much will 1INCH be worth in 5 years?
Based on its increasing popularity and the rising adoption of cryptocurrencies, a long-term investment in 1INCH could potentially yield a price increase of up to $3.29 within the next five years.
How much will 1INCH be worth in 10 years?
A long-term investment in 1INCH has the potential to generate significant returns, with a projected price increase of up to $6.42 over the next ten years.
What will the 1INCH price be in 2024?
The price of 1INCH (1INCH) is expected to reach $1.26 by 2024.
What will the 1INCH price be in 2025?
1INCH (1INCH) is projected to reach a price of $1.77 by 2025.
What will the 1INCH price be in 2026?
The price of 1INCH (1INCH) is expected to reach $2.28 by 2026.
What will the 1INCH price be in 2027?
By 2027, 1INCH (1INCH) is projected to reach a price of $2.78.
What will the 1INCH price be in 2028?
The price of 1INCH (1INCH) is expected to reach $3.29 by 2028.
What will the 1INCH price be in 2029?
By 2029, the price of 1INCH (1INCH) is projected to reach $3.79.
What will the 1INCH price be in 2030?
1INCH (1INCH) is expected to reach a price of $4.30 by 2030.
What will the 1INCH price be in 2031?
By 2031, the price of 1INCH (1INCH) is projected to reach $4.96.
Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.
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