The price movement of 1inch experienced an extraordinary increase after the announcement that they participated in the ETH Global Hackathon, resulting in an 81.59% surge within 2 days. However, it has now corrected back to the price level before the announcement. Based on this phenomenon, 1inch is predicted to undergo sideways movement in the price range of $0.3 to $0.345. This price range represents a 12% spread and is suitable for scalping or day trading with smaller time frames. Remember to do your own research (#dyor) before making any investment decisions.