- The 1inch crypto price moves below the EMA-200 on the intraday session.
- The 24-hour trading volume is at $172 million.
- 1INCH/BTC pair is trading positive by 5.5% at 0.00005550 BTC.
Moving Average (EMA) containing 20,50,100,200 In the 1inch crypto daily price chart, it is a reliable support for currency price change. Investors can observe that price moves below the yellow line and can guarantee a bearish trend as long as costs are below the 200 moving average.
The volume (4.236 M) is below the 20-day moving average (13.796 M). The volume is low, so the cost has struggled for several days. Investors may also notice a decline in volume. This indicates that unusual changes are expected on the following trading days.
1INCH Crypto Price MACD Signals a Bearish Trend
The daily price chart of the 1inch crypto shows stability above the support zone. Depending on the price action, the support region is within $2.50. On the flip side, the resistance level to look for is around $3.90.
The RSI showed a 34 (bearish) sign with a short-term sell signal. Investors may observe that the indicator’s RSI line is running downside. A surge can happen on upcoming trading days.
The MACD shows a (bearish) cross below the signal line on November 03, indicating a sell signal for the crypto. In addition, investors can see red bars in the histogram indicator.
Conclusion
1inch price today is $2.81 with a 24-hour trading volume of $172,759,330. 1INCH price is up 10.5% in the last 24 hours. It has a circulating supply of 400 Million 1INCH coins and a total supply of 1.5 Billion.
The RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost slips below the support zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $3.90
Support Level: $2.50
DISCLAIMER
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
