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The 1INCH/USDT pair has surged to the top of the leaderboard among coins with significant price movements. The token currently holds the second spot, with a remarkable 24.90% price increase. This rally has pushed the market to a multi-month high, and the trend may continue.
1INCH Statistics
Current Price: $0.3126
Market Capitalization: $437.45M
Circulating Supply: 1.39B
Total Supply: 1.5B
CoinMarketCap Rank: 135
Key Price Levels
Resistance: $0.3500, $0.4000, $0.4500
Support: $0.3000, $0.2500, $0.2000
1INCH Is Off to the Moon
The ongoing session in the 1INCH/USDT daily market has delivered significant gains. The current price candle is a long green one, reflecting strong bullish momentum and taking the token to levels not seen in several months.
As a result, 1INCH is now trading above the upper band of the Bollinger Bands (BB) indicator. The Smoothed Rate of Change (SROC) indicator has also moved above the equilibrium level, with its terminal point appearing green—signaling that bullish forces are currently in control.
1INCH/USDT Retains a Firm Grip on the Market
On the 4-hour chart, the 1INCH/USDT market shows sustained upward momentum. Price action continues to hug the upper band of the BB indicator tightly. Despite the extended bullish run, buyers show no signs of exhaustion.
The SROC indicator remains well above the equilibrium level and is currently rising at an even steeper angle, suggesting growing momentum. Consequently, price action appears poised to approach the $0.3250 and $0.3500 resistance levels in the near term.
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