1INCH NETWORK Token Report
The 1inch Network brings together decentralized protocols, creating a synergy that facilitates the most profitable, efficient, and secure transactions in the DeFi ecosystem. The first protocol introduced by the 1inch Network is a decentralized exchange (DEX) aggregator, which scans various liquidity sources to provide users with more competitive rates than any single exchange.
1INCH is ranked #144 with a market capitalization of over $310 million. The current market price of the token is 0.255 USDT
The 1INCH/USDT trend had earlier broken out of the descending trendline, earlier this week . On the daily time-frame, the trend is retesting the breakout levels with good volume support. An immediate support is expected at 0.222 USDT and next resistance is expected at 0.292 USDT.
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