{"id":6889,"date":"2022-09-02T21:59:44","date_gmt":"2022-09-03T01:59:44","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=6889"},"modified":"2022-09-02T21:59:44","modified_gmt":"2022-09-03T01:59:44","slug":"one-inch-price-returns-bullish-from-the-dead-can-it-go-an-inch-higher","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2022\/09\/02\/one-inch-price-returns-bullish-from-the-dead-can-it-go-an-inch-higher\/","title":{"rendered":"One-inch Price Returns Bullish From The Dead, Can It Go An Inch Higher?"},"content":{"rendered":"<p>The price of One-inch (1INCH) has shown some great strength in recent times against tether (USDT) as the price gears up for a rally to the $1.3 mark. Bitcoin\u2019s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell, with the price of One-inch (1INCH), not an exception. (Data from Binance)<\/p>\n<p>One-inch (1INCH) Price Analysis On The Weekly Chart\u00a0<\/p>\n<p>The price of 1INCH has recently shown a measure of strength, bouncing off from a low of $0.5 to a region of $0.75. The price of 1INCH has had quite an adventure, dropping from an all-time high of $7.8 to a low of $0.5 on the weekly chart.<\/p>\n<p>The price of 1INCH formed weekly support at the low region; the price of 1INCH has continued to build strength with more buy orders being set for this crypto asset.<\/p>\n<p>1INCH price is faced with a resistance at $0.83 to break above and trend to the $1.3 mark; if the structure of 1INCH is maintained, this will be achievable.<\/p>\n<p>The price of 1INCH is trading above its weekly support at $0.5, with eyes set for more highs.\u00a0<\/p>\n<p>Weekly resistance for the price of 1INCH \u2013 $0.83.<\/p>\n<p>Weekly support for the price of 1INCH \u2013 $0.55.<\/p>\n<p>Price Analysis Of 1INCH On The Daily (1D) Chart<br \/>\nDaily 1INCH Price Chart | Source: 1INCHUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/nmZ91MPL\/\" target=\"_blank\" rel=\"noopener\">Tradingview.com<\/a><\/p>\n<p>After falling to a daily low of $0.5, the price of 1INCH on the daily bounced off this region as it has formed good support, as price rallied to a region of $0.7 where the price is faced with resistance to breaking higher to a region of $1.\u00a0<\/p>\n<p>The price of 1INCH needs to maintain its bullish structure with more buy orders for the price to break above the current resistance at $0.7.\u00a0\u00a0<\/p>\n<p>1INCH trades at $0.7 below the 50 and 200 Exponential Moving Average (EMA). The prices at $0.7 and $1.1, corresponding to 50 and 200 EMA, will continue to keep the price of 1INCH from going higher.<\/p>\n<p>Daily (1D) resistance for the 1INCH price \u2013 $0.7-$1.<\/p>\n<p>Daily (1D) support for the 1INCH price \u2013 $0.55.<\/p>\n<p>Price Analysis Of 1INCH On The One Four-Hourly (4H) Chart<br \/>\nFour-Hourly 1INCH Price Chart | Source: 1INCHUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/nmZ91MPL\/\" target=\"_blank\" rel=\"noopener\">Tradingview.com<\/a><\/p>\n<p>The price of 1INCH in the 4H timeframe has continued to look bullish after breaking out of the <a href=\"https:\/\/www.investopedia.com\/terms\/s\/symmetricaltriangle.asp\" target=\"_blank\" rel=\"noopener\">symmetrical triangle<\/a>; with the price rallying to a high of $0.7, it faced resistance, and the price was rejected.\u00a0<\/p>\n<p>If the price of 1INCH holds above the 50 EMA acting as support for the price, holding above this support area will be key to continuing its bullish sentiment.\u00a0<\/p>\n<p>1INCH price needs to flip the resistance at $0.72, which corresponds to the 200 EMA, to have a better chance of trading close to the $1 mark. If the price of 1INCH fails to hold its support at $0.68, we could see the price of 1INCH revisiting its key support.<\/p>\n<p>The Relative Strength Index (RSI) for 1INCH on the 4H chart is above 50, indicating buy order volume for the 1INCH price.<\/p>\n<p>Four-Hourly (1H) resistance for the 1INCH price \u2013 $0.7.<\/p>\n<p>Four-Hourly (1H) support for the 1INCH price \u2013 $0.68.<\/p>\n<p>Featured Image From zipmex, Charts From TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>The price of One-inch (1INCH) has shown some great strength in recent times against tether (USDT) as the price gears up for a rally to the $1.3 mark. Bitcoin\u2019s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell, with the price of One-inch (1INCH), not an exception. (Data from Binance)<\/p>\n<p>One-inch (1INCH) Price Analysis On The Weekly Chart\u00a0<\/p>\n<p>The price of 1INCH has recently shown a measure of strength, bouncing off from a low of $0.5 to a region of $0.75. The price of 1INCH has had quite an adventure, dropping from an all-time high of $7.8 to a low of $0.5 on the weekly chart.<\/p>\n<p>The price of 1INCH formed weekly support at the low region; the price of 1INCH has continued to build strength with more buy orders being set for this crypto asset.<\/p>\n<p>1INCH price is faced with a resistance at $0.83 to break above and trend to the $1.3 mark; if the structure of 1INCH is maintained, this will be achievable.<\/p>\n<p>The price of 1INCH is trading above its weekly support at $0.5, with eyes set for more highs.\u00a0<\/p>\n<p>Weekly resistance for the price of 1INCH \u2013 $0.83.<\/p>\n<p>Weekly support for the price of 1INCH \u2013 $0.55.<\/p>\n<p>Price Analysis Of 1INCH On The Daily (1D) Chart<br \/>\nDaily 1INCH Price Chart | Source: 1INCHUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/nmZ91MPL\/\" target=\"_blank\" rel=\"noopener\">Tradingview.com<\/a><\/p>\n<p>After falling to a daily low of $0.5, the price of 1INCH on the daily bounced off this region as it has formed good support, as price rallied to a region of $0.7 where the price is faced with resistance to breaking higher to a region of $1.\u00a0<\/p>\n<p>The price of 1INCH needs to maintain its bullish structure with more buy orders for the price to break above the current resistance at $0.7.\u00a0\u00a0<\/p>\n<p>1INCH trades at $0.7 below the 50 and 200 Exponential Moving Average (EMA). The prices at $0.7 and $1.1, corresponding to 50 and 200 EMA, will continue to keep the price of 1INCH from going higher.<\/p>\n<p>Daily (1D) resistance for the 1INCH price \u2013 $0.7-$1.<\/p>\n<p>Daily (1D) support for the 1INCH price \u2013 $0.55.<\/p>\n<p>Price Analysis Of 1INCH On The One Four-Hourly (4H) Chart<br \/>\nFour-Hourly 1INCH Price Chart | Source: 1INCHUSDT On <a href=\"https:\/\/www.tradingview.com\/x\/nmZ91MPL\/\" target=\"_blank\" rel=\"noopener\">Tradingview.com<\/a><\/p>\n<p>The price of 1INCH in the 4H timeframe has continued to look bullish after breaking out of the <a href=\"https:\/\/www.investopedia.com\/terms\/s\/symmetricaltriangle.asp\" target=\"_blank\" rel=\"noopener\">symmetrical triangle<\/a>; with the price rallying to a high of $0.7, it faced resistance, and the price was rejected.\u00a0<\/p>\n<p>If the price of 1INCH holds above the 50 EMA acting as support for the price, holding above this support area will be key to continuing its bullish sentiment.\u00a0<\/p>\n<p>1INCH price needs to flip the resistance at $0.72, which corresponds to the 200 EMA, to have a better chance of trading close to the $1 mark. If the price of 1INCH fails to hold its support at $0.68, we could see the price of 1INCH revisiting its key support.<\/p>\n<p>The Relative Strength Index (RSI) for 1INCH on the 4H chart is above 50, indicating buy order volume for the 1INCH price.<\/p>\n<p>Four-Hourly (1H) resistance for the 1INCH price \u2013 $0.7.<\/p>\n<p>Four-Hourly (1H) support for the 1INCH price \u2013 $0.68.<\/p>\n<p>Featured Image From zipmex, Charts From TradingView.com\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-6889","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/6889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=6889"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/6889\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=6889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=6889"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=6889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}