INJ/USDT 175% Potential Rally ahead!🚀 INJ/USDT Technical Analysis by Cryptorphic 🚀
- Price at Time of Analysis: $26.111
- Key Support Level: $25.451
- Resistance Levels:
- Short-term: $29.069
- Major: $30.512
- Long-term target: $69.785 - $70.007
🔹 Chart Patterns:
- A breakout from the descending wedge pattern.
- Potential bullish movement towards the long-term target indicated in the green zone.
🔸 Moving Averages:
- The price is currently below the 100-day moving average (purple line), suggesting a potential bullish trend continuation if it breaks the level in the coming days. This scenario is highly likely.
📈 Forecast:
- Expecting a price surge towards the $70 range, as depicted in the chart.
- Watch for price action around the major resistance levels for confirmation.
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
INJBTC
INJ is ready for mainstream adoption.Hey! its Dalin.
Just dropping in to share a chart on INJ.
This cycle reminds me of Amazon as it was starting to breakout.
Later amazon became a household name, I think INJ could do this on a smaller scale.
I am keeping my eyes on this one.
And soon my wallet.
- Dalin Anderson
#INJ/USDT#INJ
The price is moving in a bearish channel pattern on a 24-hour frame, and it adheres to it well and is expected to break it upward
The price rebounded well from the lower border of the channel at the green support level of 22.00
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 23.70
The first target is 25.80
The second goal is 27.00
Third goal 29.30
INJ UPDATEFirst of all, You can see our previous analysis of inj in the "Related Ideas" section
A good demand area is now ahead of the price. We are looking for buy/long positions in this area.
We have marked this area with green color.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
INJ, when next pump? Be carefulThe price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Injectvie Labs is the research and development company that first began contributing to Injective Protocol.
Eric Chen is the co-founder of Injective Labs. Prior to founding Injective, he worked as a cryptographic researcher and trader at a major crypto fund where he led innovative market neutral trading efforts in the blockchain space as well as investments into prominent companies such as 0x, ChainLink, and Cosmos. Chen has extensive knowledge about blockchain protocols and traditional finance along with a native understanding of both eastern and western blockchain-based protocols and communities.
Albert Chon is the CTO of Injective Labs. He graduated with a Bachelor’s and Master’s degree in computer science from Stanford University and was a software development engineer at Amazon. He is well known for pioneering a new Ethereum standard that is used by a number of major projects today and co-founded Injective Labs with Eric Chen. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
INJ Ready To Go !Price is currently trading below a downtrend line.
Every time price has touched this trendline, it has experienced a sell-off.
Price is now approaching the trendline again, and after 3 previous touches and sell-offs, it appears that the trendline may be has weakened
Therefore, a breakout of the downtrend line and the 25.2 level can be expected.
If this occurs, we can target higher levels such as:
29 dollars for the first target
35.9 dollars for the second target
Please note that the 4-hour candle close is our confirmation criterion.
This analysis is not financial advice.
I'll show you where to buy! INJIf you are an INJ lover, i am posting this chart just to show you where you can some INJ to your bag. $25 is a good point to add and to enter long on leverage. This is a key point that, if will got touched, will let INJ to start a bull run till $72, and i expect that price to be reached this year. Just like and share my chart if you appreciate my job!
INJ Perfect buy planI posted an ideas with a buy limit on INJ at $25 some weeks ago. Some people called me crazy because Injective was at the top and $25 was looking an impossible target. But here we go, my buy limit go trigger and now we are already in profits. We can target new ATH in the next months
#INJ/USDT#INJ
We have a head and shoulders pattern on a 4-hour frame, the price moves within it and adheres to its limits well, and we are in the process of forming the right shoulder.
We have a major support area at $20
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that has been broken to the upside
Entry price is 24.00
The first goal is 27.00
The second goal is 30.00
the third goal is 32.90
INJ LOOKS VERY BEARISH!It is time for INJ holders to start selling their INJs.
Wave C is over and we don't expect a new ATH for INJ.
By creating a large liquidity pool, the price intends to enter bearish wave D.
Note that the magnitude of the D wave is large and the INJ can drop and correct for months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#INJ/USDT#INJ
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area and the price rebounded from it at the price of 33
We have an upward trend on the RSI indicator
We have a higher stability than Mov Average 100
Entry price: 37
The first goal is 40
Second goal 46
Third goal 51
#INJ/USDT#INJ
The price is moving in a downward channel on a 12-hour frame, about to break upward
The area in green is a very strong support area, from which the price rebounded at $31
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability moving average of 100
Entry price is 32.90
The first goal is 40
Second goal 46
Third goal 51
INJ - Holding strong in support and expected to bounce backAs you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70
Entry level: $ 28-32
Stop loss level $ 23
Target 1: $39
Target 2: $45
Target 3: $ 59
Target 4: $ 69
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
INJ analysis (4H)It seems that we have a symmetrical in the 4-hour time frame, which we are now in the last wave (i).
By maintaining the green range, it can move towards the targets
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Injective Protocol completed a setup for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol.
Recently we caught almost 50% pump of INJ as below:
Now on 4-hr time frame, INJ with Bitcoin pair has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#INJ/USDT#INJ
On the 4-hour frame we have a cross channel that the price is trading and is very committed to
We have strong support that the price has committed to bouncing
from and is expected to touch at the 39.50 level
We have a higher stability moving average of 100
Entry price is 39.50
The first goal is 42.53
The second goal is 45.15
Third goal 48.10
INJ NEW UPDATEOn the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the D wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
INJUSDT: Potential Bullish ContinuationINJUSDT Technical analysis update
INJ has formed a symmetrical triangle pattern after reaching a new all-time high. A breakout from this pattern could indicate the potential continuation of the uptrend.
Buy level: Below $35.5
Stop Loss: $31.00
Mid Term Target: $50
Long Term Target: $100
Regards
Hexa
INJ will have a drop aheadinj has momentum weakness and has recently accumulated two cash pools and has a high chance of dropping.
A liquidity pool can be seen at the bottom of the chart, and below this liquidity pool is the LSH (long shadow) range, which is a good indicator.
I specified the targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
⚠️Injective(INJ) Needs to Rest⚠️📈Today, I want to analyze the Injective(INJ) project for you, which has increased in price by more than ➕100% in the last 30 days and touches a new All-Time High(ATH) .
🧐The question now is whether this increase will continue or whether Injective(INJ) needs a resting price/time .
💡 What Is Injective Protocol (INJ)❗️❓
🔸 Injective is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more.
🔸Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain orderbook. In addition, all forms of financial markets, such as spot, perpetual, futures, and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non-AVM chains such as Solana.
💡Let's look at the Reasons for the increase in Injective(INJ) .
👉 The trading volume for the coin has risen 81.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.55%. This brings the circulating supply to 84.26 million, which makes up an estimated 84.26% of its max supply of 100.00 million.
👉 The Volan Upgrade , allowing decentralized apps to be built using inEVM and inSVM on Injective. This paves the way for an influx of new dApps.
👉No tokens have launched on Injective yet. The first token launches will generate hype, especially with only ~ 2,000 active Injective users .
👉 Many DeFi projects are still in testnet. Their mainnet launches will likely bring swathes of new users seeking arbitrage, yield farming, and airdrops.
👉 Confirmed upcoming airdrops are also boosting user growth in anticipation of free token rewards.
👉 The integration with Kujira brings the KUJI token to the Injective ecosystem. As Wacy notes, KUJI has seen significant price rises recently, so this pairing can enhance both chains.
📉So it seems that the Injective(INJ) project is in good condition according to the above explanations in terms of fundamentals and news ; now, let's take a look at the technical analysis of the INJ chart in the 1-hour time frame .
🏃♂️ Injective(INJ) , the main bullish movement, continues through the Ascending Channel ( 🔵Blue🔵 ) in the daily time frame .
🏃♂️Currently, Injective(INJ) has managed to break the 🔴 Resistance zone($25.30-$19.80)🔴 /(Currently, this zone has become a 🟢Support zone🟢 ) and is moving in the Ascending Channel( ⚫️Black⚫️ ) in the 1-hour time frame .
🌊According to the theory of Elliot waves , it seems that the Injective(INJ) inside the ascending channel is completing its five impulsive waves so that wave 3 is extended .
📈It is better to take a look at the INJBTC chart before making a decision.
💡In recent week, INJBTC has formed an excellent bullish engulfing candle so far, and in the weekly time frame , the Inverse Head and Shoulders pattern is clearly visible. Also, INJBTC is moving in an ascending channel , which is currently near the upper line of this channel, and I expect INJBTC to take time to rest and reach the lower line of the horizontally ascending channel. Then, it will follow one of the two scenarios below .👇
🔔As a result, according to my explanation, I expect wave 5 to finish near the Important Resistance line , 🟡 Price Reversal Zone(PRZ) 🟡, and the upper line of the ascending channel, and then the Injective(INJ) will fall(➖30%) to the 🟢 Support zone($25.30-$19.80)🟢 after breaking the lower line of the ascending channel, so if you are looking to buy the INJ token It looks like you have to wait .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Injective Analyze (INJUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.