News and Analytics

0

Injective Price Movement Analysis

Jul 1, 2024

The latest analysis indicates that INJ is poised to exceed the 21-day moving average, marking the potential initiation of a bullish trend.

INJ Price Today

The present trading value of Injective (INJ/USD) stands at $23.64, accompanied by a market capitalization of $2.2 billion and a 24-hour trade volume of $84.39 million. The INJ to USD rate is dynamically updated, showcasing a 0.58% rise in the last day. With a circulating supply of 93.40 million tokens, Injective's position in the market remains robust.

INJ Prediction Data

  • Current INJ price: $23.64
  • Market cap: $2.2 billion
  • Circulating supply: 93.4 million
  • Total supply: 100 million
  • Coinmarketcap ranking: #42

INJ/USD Market Analysis

Key Levels: - Resistance levels: $35.0, $37.0, $39.0 - Support levels: $13.0, $11.0, $9.0

INJ/USD Tech Analysis

Injective Price Prediction for Today, July 1 – INJ Technical Analysis

INJUSD – Daily Chart

At present, the INJ/USD pair rests at $23.64, having recently peaked at $24.0 and consolidating near the 9-day and 21-day moving averages. For sustainable technical growth, crossing above the 21-day moving average is essential.

INJ Price Prediction: Positive Outlook

Current indications suggest that the INJ price is on an upward trajectory, with potential support levels at $13.0, $11.0, and $9.0 on a bearish reversal. Conversely, a bullish breach above the 21-day moving average could elevate the price to $35.0, $37.0, and $39.0 resistance levels.

INJ/BTC Consolidation Prospects

Concerning Bitcoin, the INJ price could ascend to 4000 SAT if buying momentum builds. Alternatively, a channel breakthrough may lead to a resistance point at 4200 SAT, with the 9-day moving average surpassing the 21-day MA.

Injective Price Prediction for Today, July 1 – INJ Technical Analysis

INJBTC – Daily Chart

The INJ/BTC pair currently indicates potential consolidation, with a resistance barrier at 4200 SAT.

Injective Alternatives

Despite Injective's promising trend, PlayDoge emerges as a viable alternative with impressive growth potential backed by a successful presale.

PlayDoge Strategy

Investing in PlayDoge presents a lucrative opportunity for substantial returns within the meme coin sector.

Associated News

Comments

Latest analytics

5 RWA Tokens Worth...

5 RWA Tokens Worth Keeping an Eye On in July

RLUSD - new stablecoin...

RLUSD - new stablecoin from Ripple Labs

Show more

Latest Dapp Articles

Show more

You may also like