- 1inch Network price analysis is bearish today
- Support tested at $0.3738, price likely to decline further
- A bearish momentum saw the 1INCH coin tap a $0.3811 intra-day low
1inch Network price analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. The value of 1INCH/USD has dropped to $0.3811 as a result of the market being in a bearish momentum. In the past 24 hours, the price of 1INCH/USD has dropped by 0.41 percent. 1INCH prices, which have been stabilizing near this level for the previous few hours, found support at the $0.3738 level and resistance at $0.3828. Further decrease in coin value can be expected if the bears remain consistent.
The 24-hour 1inch Network price analysis shows a downward trend for the market as the selling momentum remained high during the day. The bears have successfully tackled unfavorable circumstances as the bullish current has been disrupted. The 1INCH/USD pair is trading hands at $0.3811 at the time of writing as the bears are leading the price function, the 1INCH shows a decrease in value by 0.41 percent over the last 24 hours. The trading volume decreased by over 6.56 percent and is currently at $13,605,648 and the market capitalization for 1INCH/USD pair is trading at $297,587,179.
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