1inch Network Crypto Holds Above 200 EMA: Are Buyers Back In Game

1inch Network Crypto Holds Above 200 EMA: Are Buyers Back In Game

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1inch Network crypto price made an upside thrust after a short accumulation between the 50 and 200-Day EMA.  
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1INCH price reclaimed the bullish territory after a short struggle between the bulls and bears.
The 1INCh crypto made a breakout above the 50-Day EMA on the upper side indicating the end of a short term correction phase. Yesterday, the crypto struggled to gain traction near the 50-Day EMA and formed a doji candlestick pattern over the daily chart.
Moreover, the crypto witnessed a consolidation of over two weeks near the 200-Day EMA. The price was stuck in a range with a 50-Day EMA working as a resistance and 200-Day EMA as a support.
On Friday, the buyers emerged with more volume triggering a breakout from a short-term correction phase with good volume. The breakout shows buyer intention to reclaim higher levels.
At the time of writing, 1INCh was trading at $0.421 recording a positive intraday development of 0.13%. The 1INCh token has a liv

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We współpracy z: https://www.thecoinrepublic.com/2024/02/09/1inch-network-crypto-holds-above-200-ema-are-buyers-back-in-game/

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