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Is Injective Protocol a MUST-HAVE in your altcoin portfolio?
INJ
Long
Is Injective Protocol a MUST-HAVE in your altcoin portfolio?
By Pill_z
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Jan 20, 2021
3
1
1
Jan 20, 2021
Next to the
SNX
,
I
INJ
is probably the second strongest derivatives project.
Still at relatively small market cap of $136 million compared to SNX which is about 1.6 Billion $. Plenty of room to grow.
Backed by Binance and other well known investors, Layer 2 speed, unlimited markets (forex recently added) and zero gas fees.
30D vs. USD - 203%
30D vs. BTC - 98.62%
30D vs. ETH - 43.7%
Technical short term
Bull flag
0.5 Fibonacci support from the previous bull leg
1h 50MA Support
Short term targets: 12-16 while 15 being most likely.
Not a trading advice.
Chart Patterns
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Pill_z
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