1Inch Price Breaks Resistance Hinting at New Bullish Momentum

·

The 1INCH token is capturing renewed investor attention as it breaks out of a prolonged corrective phase, signaling the potential start of a powerful new bullish trend. After forming a solid base at $0.22 in August, the price has surged upward, reclaiming key technical levels and displaying strong momentum indicators. This recovery isn’t just a bounce—it may be the foundation of a broader upward movement driven by improving market structure and positive sentiment in the decentralized finance (DeFi) sector.

With technical patterns aligning across multiple timeframes, traders and investors are closely watching 1INCH for further upside potential. In this analysis, we’ll break down the current price action, identify critical support and resistance zones, and explore realistic price targets based on Elliott Wave theory and Fibonacci extensions.


1Inch Price Analysis: Emerging from Correction

The daily chart for 1INCH reveals a textbook reversal pattern following a deep correction that began after the token reached its yearly high of $0.70 in March. The pullback formed a clear five-wave Elliott impulse structure downward, culminating in a final low at $0.22—an area that now serves as a strong foundational support.

👉 Discover how breakout patterns like this can create high-probability trading opportunities.

This completed correction took the form of a descending wedge, a classic bullish reversal pattern often seen at the end of sustained downtrends. The breakout above the wedge’s upper boundary confirms a shift in market sentiment. More importantly, price has reclaimed the 0.618 Fibonacci retracement level—a key psychological and technical threshold that adds credibility to the emerging uptrend.

Although 1INCH briefly spiked to $0.38, the daily candle closed below $0.33, suggesting some short-term profit-taking. However, this is normal during early-stage breakouts and does not invalidate the bullish structure. The Relative Strength Index (RSI) is trending higher but remains well below overbought territory (70+), indicating there’s still room for upward expansion without triggering overheated conditions.

Key Technical Observations


1Inch Price Prediction: Targeting $0.48 and Beyond

Zooming into the 4-hour chart, a clear five-wave impulsive structure is unfolding from the September 4 low at $0.22. This suggests that 1INCH is now in the early stages of a new bullish cycle, potentially mirroring the strength seen earlier in the year.

Wave 1 carried price from $0.22 to $0.30, followed by a corrective Wave 2 pullback. Wave 3—the typically strongest leg—appears to have either completed or is nearing completion, with price approaching major Fibonacci extension levels.

According to Elliott Wave principles, Wave 4 often retraces a portion of Wave 3 but should not fall below the peak of Wave 1 ($0.30). A shallow pullback in this range would be healthy and could set up Wave 5 for a final push toward new highs.

Projected Upside Targets

A sustained move above $0.42 would strongly confirm continuation of the bullish trend, opening the path toward $0.48 and possibly testing $0.54 if broader market conditions remain favorable.

On the downside, failure to hold above $0.30—the top of Wave 1—could invalidate the impulsive structure and suggest a return to sideways consolidation. However, as long as that level holds, the bias remains firmly bullish.

👉 Learn how Fibonacci tools can help predict precise price targets in volatile markets.


Core Keywords Driving Market Sentiment

As we assess the future trajectory of 1INCH, several core keywords reflect both technical and fundamental drivers shaping investor behavior:

These terms are not only central to understanding current price dynamics but also align with high-volume search queries from users seeking actionable insights on 1INCH’s performance.


Frequently Asked Questions (FAQ)

Q: What caused 1INCH to rebound from $0.22?
A: The rebound originated from a completed five-wave corrective structure forming a strong base at $0.22. This level acted as a demand zone where selling pressure dried up and buying interest emerged, triggering a breakout above descending resistance.

Q: Is the current rally sustainable?
A: Yes, provided key support at $0.30 holds. The RSI shows room for growth, and price has reclaimed important Fibonacci levels—both signs of healthy momentum. A close above $0.42 would further validate sustainability.

Q: What happens if 1INCH drops below $0.30?
A: A breakdown below $0.30 could signal the end of the current impulsive wave and increase the likelihood of range-bound trading or further downside correction. Traders should monitor this level closely.

Q: How reliable is Elliott Wave analysis for crypto assets like 1INCH?
A: While no model is perfect, Elliott Wave theory has proven effective in identifying high-probability turning points in highly speculative markets like cryptocurrency—especially when combined with Fibonacci ratios and volume analysis.

Q: What are the next major resistance levels for 1INCH?
A: After $0.37 and $0.42, the next significant hurdles are $0.48 (2.0 extension) and $0.54 (2.272 extension), which also aligns with prior resistance zones from earlier in the year.

Q: Can 1INCH reach $1 again in 2025?
A: While possible under strong bull market conditions, reaching $1 would require broader DeFi sector growth, increased protocol usage, and favorable macroeconomic factors. Current technicals suggest $0.48–$0.54 is more realistic in the near term.


Final Outlook: Bullish Structure Intact

The technical setup for 1INCH paints an optimistic picture for the coming weeks. With a confirmed breakout, strong base formation, and bullish momentum building across multiple indicators, the path appears open for further gains.

Traders should focus on maintaining exposure as long as $0.30 support holds, using pullbacks as potential entry points. The ultimate target for this cycle appears to be around $0.48–$0.54, with upside beyond that dependent on broader market strength and adoption trends within the DeFi ecosystem.

👉 Stay ahead of market moves with advanced charting tools and real-time data analysis.