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1inch Network (1INCH): How Does it Rank Sunday on Long-Term Trading Metrics?

Sunday, December 26, 2021 07:26 PM | InvestorsObserver Analysts
1inch Network (1INCH): How Does it Rank Sunday on Long-Term Trading Metrics?

1inch Network receives an average long-term technical score of 51 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. 1INCH currently holds a superior long-term technical analysis score than 51% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

Long-Term Technical - 51
InvestorsObserver is giving 1inch Network a 51 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on 1inch Network!

Trading Analysis

The current trading price of $2.760000000 for 1INCH is -$0.6500000 (-19.01%) below the tokens 100-day moving average of $3.400000000.1INCH meanwhile is $2.0000000 (-1083.06%) above its 52-week low of $0.760000000 and -$5.11000000 (-92.08%) under its 52-week high price of $7.870000000. 1inch Network's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 51. The price movement and range of 1INCH suggest that investors are neutral on the token at this time. 1inch Network has a market capitalization of $1,163,402,516.29 and a relatively high average daily volume with $508,420,675.73 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, 1INCH's volume is below its seven day average with 104,757,943.45 exchanged. This token's subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.

Summary

Trading patterns over the last year for 1inch Network leads to the token's an average long-term technical score of 51 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on 1inch Network (1INCH).

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