1inch Cryptocurrency is currently on bearish momentum by 29.33% in the last 7 days. At 22:55 EST on Friday, 23 April, 1inch is at $4.11.
Concerning 1inch’s daily highs and lows, it’s 6.2% up from its trailing 7 days low of $3.87 and 36.48% down from its trailing 7 days high of $6.47.
1inch’s last week, last month’s, and last quarter’s current volatility was 4.84%, 4.84%, and 4.84%, respectively.
1inch’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.84% (last week), 4.84% (last month), and 4.84% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1inch’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "
More news about 1inch.