1INCHUSDT trade ideas
1INCH- DCAing while still cheap!1Inch is the most used DEX Aggregator and has more liquidity than any DEX. And yet, the token associated with the project hasn't seen much growth for several years yet.
The price is still in the accumulation phase, but we can see that it is sustained and that long-term investors haven't given up on the project.
At its maximum capitalization, this crypto was valued at $1.8B, and is today about $520M. We can expect some uptrend for this project that kept building during the bear market, showing its utility and attracting new users. That's why it may be a good idea to apply a DCA strategy while we are still in the accumulation phase.
The main support is around $0.36 and the bottom line at $0.23, we can consider the buying zone from these points util we reach and break the $0.65 level.
After that, the Take Profit zones will be given by main resistance levels such as $1.30 and $2.
This kind of strategy requires patience, knowledge and strong convictions about the project, so don't forget to do your own research!
1inch Network Joins Baanx Mastercard to Launch Web3 CardThe intersection of traditional finance and the burgeoning world of decentralized finance (DeFi) reached a pivotal moment as 1inch Network unveiled its groundbreaking initiative: the 1inch Card. In partnership with crypto card developer Baanx and payment behemoth Mastercard, 1inch Network introduces a game-changing solution designed to streamline cryptocurrency usage for everyday transactions.
The 1inch Card represents a significant leap forward in bridging the gap between digital assets and conventional payment systems. With the ability to facilitate seamless crypto-to-fiat conversions, users can effortlessly utilize their cryptocurrencies for both online and in-person purchases, as well as cash withdrawals at supported ATMs.
Sergej Kunz, Co-Founder of 1inch Network ( CRYPTOCAP:1INCH ), emphasized the platform's commitment to inclusivity, stating, "We wanted to also onboard the man on the street who is holding crypto." This sentiment underscores the broader industry trend of democratizing access to crypto assets and expanding their utility beyond speculative investment.
The partnership with Baanx underscores a shared vision of merging traditional financial mechanisms with the flexibility and potential of the crypto world. By offering both physical and virtual iterations of the 1inch Card ( CRYPTOCAP:1INCH ), users can enjoy the full benefits of a standard debit card while seamlessly integrating digital assets into their financial lives.
The real-life demonstration of the virtual debit card by Kunz, tapping his phone to complete a transaction, serves as a testament to the card's practicality and immediacy. This tangible implementation underscores 1inch Network's commitment to delivering tangible solutions that empower users to leverage their digital assets with ease.
Christian Rau, Senior Vice President of Crypto and Fintech Enablement at Mastercard, lauded the innovative synergy behind the 1inch Card ( CRYPTOCAP:1INCH ), emphasizing its role in connecting the worlds of Web2 and Web3. With Mastercard's leading technology and standards underpinning the initiative, the 1inch Card represents a pioneering step towards mainstream adoption of cryptocurrencies in everyday transactions.
As the global payments landscape continues to evolve, initiatives like the 1inch Card ( CRYPTOCAP:1INCH ) are poised to reshape the way individuals interact with digital and fiat currencies. With over 160 million locations worldwide accepting the 1inch Card, crypto holders have unprecedented access to a vast network of merchants, further propelling the mainstream adoption of cryptocurrencies.
1INCH-USDT BUY Update 29/03/2024G-Money's short version analysis based purely on technical analysis only, no nonsense "BS":
Stop Loss (SL): -0.6247 USDT
Entry Point: -0.5381 USDT
Take Profit (TP): 0.4946 USDT
PS: ( 1 ) Remember: recommended re-enter area is between Stop Loss (ST) & Entry Point.
( 2 ) If price went half way between Entry Point & Take Profit (TP), be patient please & wait for price retracement to ( 1 )- EP-SL area or for the next new set up ;)
A pretty unique situation, than market or institutional traders if you like, do try bring price to the Entry Point area for the next buy long/cash out run...If my guess is right, that area would be @0.5330 . BTW...TP level still remains not "broken" & setup still valid ;)
1Inch Price Surge Alert! 📈 - Your Path to Wealth Starts Here1inch (1INCH) - Fundamental Analysis and Recent News (as of March 26, 2024)
1inch Network (1INCH) is a decentralized finance (DeFi) platform that focuses on providing users with the best possible rates for swapping cryptocurrency tokens. Here's a quick rundown:
What it does: 1inch acts as a decentralized exchange (DEX) aggregator. It searches across multiple DEXes to find the most efficient route for your token swap, aiming to get you the best exchange rate.
1INCH token: This is the native token of the 1inch Network. It's used for governance (voting on network proposals) and can be staked to earn rewards.
Recent News:
Positive: The price of 1INCH has seen a rise of 6.08% in the last 24 hours (as of March 26, 2024).
Neutral: The 1inch Network recently implemented their Fusion upgrade, which aims to further improve swap efficiency and security.
Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
1INCH Idea -Long tradeBINANCE:1INCHUSDT
A long trade opportunity is identified following a breakout and confirmation above the downward channel. This confirms a price move above $$0.5560.
Important Note: This is just an analysis, and future price movements are never guaranteed. It's crucial to do your own research before making any trading decisions.
Good luck!
1INCH - RSI bearish divergence detected#1INCH/USDT #Analysis
Description
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+ I'm seeing a clear divergence from the RSI and it's bearish divergence.
+ Also i'm seeing price moving in bearish direction.
+ I'm entering a small short position at this range with tight stoploss.
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VectorAlgo Trade Details
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Entry Price: 0.6180
Stop Loss: 0.6396
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Target 1: 0.6302
Target 2: 0.5881
Target 3: 0.5708
Target 4: 0.5514
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Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
1INCH/USDT upward momentum frim support? 👀 🚀 1INCH 💎 Paradisers, get ready for an enticing trading adventure with #1INCHUSDT, perfectly perched at a pivotal support zone, suggesting a bullish reversal could be on the horizon.
💎 Diving into #1INCH's saga, we've witnessed a rebound off a tough resistance. Currently, it's testing a crucial resistance threshold. Surpassing this barrier with robust momentum hints at a strong chance for a bullish breakout. We're eagerly awaiting clear evidence that resistance has transformed into support. With the momentum maintained, we're looking to target significant resistance levels at $0.9229, and perhaps even $1.1666.
💎 If the energy behind CRYPTOCAP:1INCH begins to falter, be on alert for a bullish resurgence from the dependable support at $0.5418. Yet, falling beneath this key mark may indicate a tilt towards bearish trends.
Retest of The Support Level1INCH has broken its critical resistance at the $0.60 zone and is now trading above this level, indicating a significant bullish movement. This level now acts as a new support, and we might witness a price retest of this level, which could set the stage for the next bullish wave.
If this support holds, it is expected that the price will move towards its next target in the $0.70 area, presenting an opportunity for investors and traders to benefit from this upward movement.
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#1Inch/USDT LONG
#1Inch
Since July 2022 the price has been moving in a bearish flag
Support was adopted on the bottom border of the flag
Now the price is about to increase this model
And the moving of the Moving Average 100was broken.
We are oversold on the MACD
Price Now 0.3816
First Goal 0.5438
Second Goal 0.7067
Representing 185 % of the current price
You must pay attention to the rebound points to be used.