1inch Network (1NCH), which has been silent for a long time, gained close to 80 percent by overcoming a critical resistance.
1NCH, which started its upward movement by breaking the falling trend a few days ago, overcame the resistances one by one. A clear crossing of $0.366, a critical region on the broad timeframe, gave 1NCH a great deal of volume and buyers. 1NCH, which has been trading with a depreciation for a long time, broke the trend and resistance and increased by 77 percent in just 3 days.
1inch Network (1INCH) Graphics Evaluation
After exceeding $ 0.366, 1NCH, which reached incredible volumes, finally managed to break 0.553 resistance and get above $ 0.58. However, due to the fact that $0.58 was the decision stage, it faced selling pressure. As of the writing of the news, 1NCH, which is trading at $ 0.553, can target $ 0.622 and $ 0.695 if it holds above $ 0.58.
BTC falling below $30,000 or negative news from DeFi will naturally shake the price of 1NCH. Support zones for 1NCH in this scenario are 0.5407 – 0.4910 – 0.4394 – 0.4127 and $0.3667, respectively. Notably, not losing $0.5407 could amplify bullish signals on 1NCH.
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