Crypto2AF

1INCH/USDT - 1inch: Resistance_Breakout_Confirmation

BINANCE:1INCHUSDT   1INCH / TetherUS
◳◱ A Resistance Breakout and Confirmation has been detected on the 1INCH / USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.563 | 0.593 | 0.657, and the major support zones can be found at 0.499 | 0.465 | 0.401. Consider entering a trade at the current price zone of 0.565 and targeting higher levels.

◰◲ General info:
▣ Name: 1inch
▣ Rank: 97
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: The 1inch Network unites three separate decentralized protocols, aggregating liquidity from a variety of decentralized exchanges to facilitate cost-efficient transactions.
Its native token, the 1inch token (1INCH) serves two primary purposes: As a governance token granting voting rights towards the 1inch DAO and as a utility token, where it is used as a connector to achieve high-efficiency routing in the 1inch Liquidity Protocol. It will also be used in the tokenomics of all future protocols developed by the 1inch Network.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.565 ₮
▣ 24HVol: 2,790,670.602 ₮
▣ 24H Chng: 4.63%
▣ 7-Days Chng: 6.72%
▣ 1-Month Chng: 14.98%
▣ 3-Months Chng: 17.08%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.563 | 0.593 | 0.657
◢ Support: 0.499 | 0.465 | 0.401

◱◳ Indicators recommendation:
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: STRONG_BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 1.46
▣ Last 90D: 1.17
▣ Last 1-Y: -0.82
▣ Last 3-Y: 0.55
◲◰ Volatility:
▣ Last 30D: 0.73
▣ Last 90D: 0.78
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.73

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.84 - V. Bullish

▣ In-depth 1INCHUSDT technical analysis on Tradingview TA page


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