Crypto Analyst Predicts 5,000% Surge for 1INCH Token

• An analyst predicts 1INCH could surge 5,000% due to increasing demand for DEXs.
• Altcoin market trends suggest sustained multi-level growth, signaling potential long-term success for 1INCH.

In a post in TradingView, crypto analyst Alan Santana notes that 1INCH has a strong bullish signal, implying that it could increase explosively in the coming months. Santana claims that on a weekly basis, the token is now trading above the EMA89, which is a crucial indicator of ongoing optimistic momentum.

Two weeks before, it also closed above the EMA55, thereby verifying a market ready for growth. Santana underlined that these signs indicate more price objectives, and the market already shows development consistent with these projections.

1INCH Multi-Level Growth Potential in the Altcoin Market 

Using the idea of “one level up, two levels up,” where one level up denotes a 100% price rise, Santana’s analysis shows He emphasizes that the market for altcoins overall has already climbed two to three levels and projects more expansion.

With potential long-term ambitions reaching 1,255%, or possibly 3,000% to 5,000% because of the growing demand for decentralized exchanges (DEXs), he anticipates an aggressive growth of 750% for 1INCH within two months.

Santana is convinced that this is the last chance for investors to profit from reduced pricing before steady expansion takes front stage.

Though these optimistic forecasts, the state of the current market reveals another picture. One INCH is trading at about $0.4587 at the time of writing, an 18.99% correction over the last 24 hours reflected. This decline fits with general corrections in the major crypto market.

Furthermore, recent 1inch team activity has drawn questions. CNF reports that the team amassed 2.815 million USDC by selling 5.217 million 1INCH tokens. They traded 8.38 million USDC for 15.698 million 1INCH tokens over three days, total.