1inch gave an inch and was taken for a mile by BTC.
It looks to be punching back and making some strong moves.
Still a relatively small market cap coin it has lots of room to grow and can start making noise in the DeFi space.
Looking at the macro picture you can see 1inch has big potential.
It's currently within a range that it's been consolidating within since February! Very strong resistance at the 6.10 level.
RSI, MACD and market momentum though are on our side.
A measured move from at the break out point would have us going to 19 in the near term and 40 by this summer.
Obviously recent history has shown us that 1inch like other small market coins are at the mercy of BTC. So any major dips can see us tumbling down again.
A move below the 3.5 area would see us tumbling way way down.
1INCHUSDT
It looks to be punching back and making some strong moves.
Still a relatively small market cap coin it has lots of room to grow and can start making noise in the DeFi space.
Looking at the macro picture you can see 1inch has big potential.
It's currently within a range that it's been consolidating within since February! Very strong resistance at the 6.10 level.
RSI, MACD and market momentum though are on our side.
A measured move from at the break out point would have us going to 19 in the near term and 40 by this summer.
Obviously recent history has shown us that 1inch like other small market coins are at the mercy of BTC. So any major dips can see us tumbling down again.
A move below the 3.5 area would see us tumbling way way down.
1INCHUSDT
