1Inch is the most used DEX Aggregator and has more liquidity than any DEX. And yet, the token associated with the project hasn't seen much growth for several years yet.
The price is still in the accumulation phase, but we can see that it is sustained and that long-term investors haven't given up on the project.
At its maximum capitalization, this crypto was valued at $1.8B, and is today about $520M. We can expect some uptrend for this project that kept building during the bear market, showing its utility and attracting new users. That's why it may be a good idea to apply a DCA strategy while we are still in the accumulation phase.
The main support is around $0.36 and the bottom line at $0.23, we can consider the buying zone from these points util we reach and break the $0.65 level.
After that, the Take Profit zones will be given by main resistance levels such as $1.30 and $2.
This kind of strategy requires patience, knowledge and strong convictions about the project, so don't forget to do your own research!
The price is still in the accumulation phase, but we can see that it is sustained and that long-term investors haven't given up on the project.
At its maximum capitalization, this crypto was valued at $1.8B, and is today about $520M. We can expect some uptrend for this project that kept building during the bear market, showing its utility and attracting new users. That's why it may be a good idea to apply a DCA strategy while we are still in the accumulation phase.
The main support is around $0.36 and the bottom line at $0.23, we can consider the buying zone from these points util we reach and break the $0.65 level.
After that, the Take Profit zones will be given by main resistance levels such as $1.30 and $2.
This kind of strategy requires patience, knowledge and strong convictions about the project, so don't forget to do your own research!
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