**1inch Price Surges 19% on Strong Breakout: What’s Coming Next?**

The price of 1inch has experienced a remarkable 46% jump in just 24 hours, building on a steady 4% gain from last week. What sparked this significant move?

A strategic inflow of 5 million USDC into Binance triggered a near 29% intraday price surge. This was further supported by a recent security upgrade featuring AI-powered threat detection, boosting trader confidence in the token. Most notably, 1inch cleared key moving averages, signaling a technical breakout that fueled buyer conviction.

Wondering what’s in store next? Let’s explore potential price targets in this detailed price analysis.

—

### Active Addresses Go Steady

Interestingly, the active address count for 1inch has remained relatively steady despite the recent price volatility. Data from CryptoQuant indicates a baseline of around 551 active addresses daily, with no dramatic spikes or drops directly correlating with the price swings.

This steadiness suggests cautious but consistent network engagement. Even as the 1inch price surged, user activity stayed stable, reflecting a loyal holder base and steady participation within the ecosystem. Stable active addresses provide a healthy foundation for sustained trading volume and momentum growth moving forward.

—

### 1inch Network Price Analysis

From a technical standpoint, 1inch recently broke above its 7-day Simple Moving Average (SMA) at $0.165 and has remained optimistic above this level. The Relative Strength Index (RSI) on a 7-period chart stands at 63.15, indicating a healthy neutral-to-bullish sentiment without entering overbought territory.

Volume has exploded as well, surging by 542% to reach $168 million, confirming strong buyer interest and momentum behind the price move. The breakout also invalidated a descending channel that had formed throughout October, signaling a reversal of the prior downtrend.

However, resistance looms near the 30-day SMA at $0.184. The MACD histogram is positive, suggesting upward momentum, but a sustained close above this key resistance level (around $0.185) is crucial. A confirmed breakout here could open the door to the next target at $0.20, which aligns with the Fibonacci 23.6% retracement level.

Until then, cautious optimism is warranted. Traders should keep an eye on volume and RSI indicators for confirmation of continued strength.

—

### FAQs

*Content for FAQs can be added here based on common questions regarding 1inch price movements and technical indicators.*
https://bitcoinethereumnews.com/tech/1inch-price-surges-19-on-strong-breakout-whats-coming-next/