$INJ update: uptrend until resistance at $27-$28So far, my CRYPTOCAP:INJ forecast has been accurate—you can check my previous analysis. Let’s continue.
We are currently in an uptrend. On the 1W chart, both the MACD and RSI have bottomed, signaling a weekly push that should move CRYPTOCAP:INJ up along the uptrend channel shown in this chart. The MACD and RSI are aligned, so once we break through the bearish divergence, the uptrend should continue. If you follow my other updates on CRYPTOCAP:BTC and CRYPTOCAP:TOTAL3 , everything seems to align positively for October.
Of course, geopolitical events, like Russia deciding to nuke Israel or Israel attacking Lebanon or Iran, could act as a black swan event and invalidate this idea.
For now, I don’t think it’s time to sell; rather, it’s a time to accumulate. The $27-$28 resistance level is more concerning, and we might face a rejection there. However, that’s a different scenario, and I’ll provide another update when we approach that stage.
Injective
INJUSD: Highly important 1D MA200 test.Injective is neutral on its 1D technical outlook (RSI = 54.838, MACD = 0.426, ADX = 17.060) as it is trading between the 1D MA200 and 1D MA50. The 1D MA200 is more important right now as it got hit today but the priced immediately pulled back. This is the 4th failed test (so far) it had since April and failure to overcome it, should technically result in a strong rejection. Since however the price is rising after the August 5th bottom, we believe it is time to finally break. Wait until it closes over the 1D MA200 and buy, aiming for the 0.618 Fib (TP = 31.000).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
INJUSDT Strong Bounce and Trendline Breakout. 3-Digit Potential!INJUSDT has bounced off a significant support level and executed a powerful breakout from its trendline. With the 2021 ATH acting as major support, we anticipate a bullish momentum building toward the $30 mark. Given the current market dynamics, a move into the three-digit territory seems possible in the near future. Keep an eye on this one for potential upside!
INJUSDT Currently trading at $21.7
Buy level: Above $21
Stop loss: Below $17.5
TP1: $25
TP2: $30
TP3: $39
TP4: $53
Max Leverage 3x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
INJUSDT All-Time High Soon?INJ/USDT has successfully bounced off a major support level, setting the stage for an upward move. The price has broken through a key trendline and is now facing minor resistance around $23. A breakthrough of this resistance could lead to a significant price rally as INJ aims to reclaim its all-time high.
Trade safe and always remember to use a stop loss to manage your risk!
INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $22.4
Buy level: Above $22.75
Stop loss: Below $18
TP1: $26
TP2: $31
TP3: $40
TP4: $53
Max Leverage 3x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Is INJ Coin Heading for a Deeper Correction?After the significant hype surrounding BINANCE:INJUSDT during the winter and spring, the coin's price began to decline, losing over 50% from its peak in the initial drop. However, by mid-September, the price made a recovery, climbing back above the important $20 mark and breaking through the descending trend line of a falling channel.
While this upward movement appeared to be a bullish signal, the momentum failed to push the price towards the $30 resistance level. Instead, it retreated back to the $20 support level.
Looking ahead, I anticipate that the $20 support level may soon be broken on the downside. If this happens, we could see an accelerated price drop, possibly bringing the price down to $10. The current price action suggests weakening support, raising the likelihood of a deeper decline in the near future.
#INJ Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
INJ is currently rebounding from the accumulation range between $15.12 and $17.85. The price is likely to reach the primary resistance, which ranges between $20 and $21.45.
Once INJ breaks above this resistance, it will likely test the $30.51 resistance level. For now, all eyes are on the current market price.
The RSI is gaining strong momentum for the rally.
Key levels:
- Accumulation: $15.12 to $17.85.
- Primary Support: $15.12.
- Primary Resistance: $20 to $21.45.
- Targets: $30.51 to $52.17.
- Invalidation: A daily candle close below $12.74.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
$INJ Buy zone where to refill your bagCRYPTOCAP:INJ is a great project, solid, supported by good technology, but currently undervalued. It is, for example, much better than $AVAX.
CRYPTOCAP:INJ might have quite an impressive market cap this cycle due to its resilience and overall quality as a project compared to others.
Also, CRYPTOCAP:INJ has no more unlocks.
CRYPTOCAP:INJ is in a bearish pennant pattern which target is between $17-$18.
The green box is my buy target. It offers an almost guaranteed +10% to +15% gain without leverage at the next pump.
Buy in the green box and sell at $23, for example.
You can also hold this coin. It has already performed a huge reaccumulation phase and is poised to reach a new all-time high this cycle. In my opinion, it is a potential x5 to x10 coin.
Always do your own research (DYOR). This is not financial advice.
INJUSDT Price Rebounds from Key Support Zone!!The INJUSDT price has shown a strong bounce from a major support zone, supported by significant trading volume. This momentum looks promising, and after a minor retest, a substantial upward movement is expected, potentially reaching a new all-time high. However, it’s crucial to always set a stop-loss to manage risk effectively.
INJUSDT (1D Chart) Technical analysis
INJUSDT (1D Chart) Currently trading at $18.5
Buy level: Above $17.5
Stop loss: Below $14
TP1: $22
TP2: $29
TP3: $33
TP4: $45
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
$INJ 1W chartCRYPTOCAP:INJ 1W chart;
Always looking at the charts on the higher timeframe protects you from possible minor pitfalls.
The first thing that stands out in the big picture is that the last bullish candle, although voluminous, had the 50 EMA (yellow line) working as resistance and after touching it, it experienced a pullback.
As long as it stays below here, it's not bullish.
On the other hand, the falling trend line (red) will act as resistance to suppress and stay below it. Even if it closes above this trendline today, if it fails to close above the 50 EMA next week, there is a high probability that it will retreat back below the trendline.
It would not be a surprise if it visits the IMB area below the $14 level it tested earlier. There's a 50% difference between it and the current level, is that enough to intimidate you? If Bitcoin makes a sharp pullback, these odds could make you some nice money.
Are You Ready for the Next Move? Here's Why INJUSDT Might Surge!Yello, Paradisers! Have you noticed how #INJUSDT has been holding strong lately? The pair has been forming an ascending support trend-line with multiple touches, which has caught our attention. It recently touched the supply zone, got rejected, and then tapped the ascending support again before bouncing back up.
💎What makes this setup interesting is that #INJUSDT has successfully flipped a previous resistance level into a support zone, and it's doing so with solid volume backing the move. This indicates that there’s a strong probability the pair could make another run towards the supply zone around $19.62-$20.05. If the buying pressure continues to build, we could see a further push up to test the resistance at $21.32.
💎However, we must also be cautious. If the ascending trend-line fails to hold as support, there's a key support level at 17.29-$17.00 (previously resistance). A strong reaction and hold at this level could provide a solid base for another upward move toward the supply zone and then resistance.
💎But remember, our analysis becomes invalid if a 4-hour candle closes below this support level. In that case, it’s time to reassess the situation and adjust our strategies accordingly.
Stay sharp, Paradisers! The next few moves could be crucial in determining the direction of INJUSDT. Play it smart, and always keep your risk management in check.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
INJ, when its on SALE, BUY and buy more! Don't doubt.INJ corrected to 15 levels after reaching a high of near 20.
The valuation on this coin has grown so much to extraordinary levels from its measly lows.
Now its back at the bargain range again and delivering a message of "BUY ME, DON'T ASK". lol
INJ has delivered consistently since bouncing off an outrageously lows of $1 since the start of the year. It has yielded so far around 1500% and it won't stop from here as the industry has considered INJ to be a top gun coin that's aligning itself to be one of the most sought after in the market because of progressive developments -- leveling itself with the likes of LINK, ADA, XRP, BTC, ETH, XLM.
Expect more RISE from here on.
Spotted at 15.0
TAYOR.
Safeguard funds always.
Injective correction zone before continuationBINANCE:INJUSDT
Injective one of the main leader on this market. Watch potential zone for correction
before continuation
Possible Targets and explanation idea
➡️Weekly timeframe. Take a look on FOMO zones and size in 2021 and 2023-24
➡️Congrats everyone who accumulated inside 27 zone on W timeframe
➡️INJ almost without corrections move Impulse/sideways/impulse to new ATH
➡️After rejection at 1.618 lvl would be good to see test M fvg around 25$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
$INJ: Injective why I think that it is the best alt to hodl?CRYPTOCAP:INJ or Injective is my best bet for the end of the bull market. I believe it will exceed expectations and surprise all the meme coin enthusiasts. Here’s why:
**Facts:**
- Launched in November 2020, the team continues to innovate and push the project forward, more than any other L1 competitor like $AVAX.
- The mainnet is stable and has never crashed or experienced downtime, unlike CRYPTOCAP:SOL which has faced multiple issues.
- With a total supply of 100,000,000 tokens, 95% of which are already unlocked, there are no more VC unlocks, making it a safe investment. Compared to competitors who still have 20% or more in treasury and can unlock anytime, CRYPTOCAP:INJ is poised for growth.
- It has a vast ecosystem, recently integrating with ONDO to support RWA tokenization. It includes everything from memes to NFTs to staking, making it a fully functional L1 blockchain.
- It has a real community. Check their Telegram group; there are many genuine people asking questions and no mindless chatter.
- Recently, it launched an exchange with 21Share to offer ETFs (yes!).
- Last week launched AINJ stacking ETP
etc...
**So why does this coin only have a $2 billion market cap? What’s the problem?**
Remember when Solana was at $5, with a market cap of roughly $4 billion? That’s where CRYPTOCAP:INJ is right now. The project is overshadowed by Solana and Ethereum.
For me, buying CRYPTOCAP:INJ now is like buying CRYPTOCAP:SOL at $5 a coin. It's early, and the price is fluctuating as it seeks direction. But when you read the news, you know this project is going to lead. When you see the token supply, you know nothing can stop it once it takes off. It's just a matter of time.
**Market rewards patience.** Buying CRYPTOCAP:INJ at a $2 billion market cap is a sure x10 within a year. Try to find an equivalent. Don’t believe the moon boys hyping meme coins; these won't perform well in the long run. They pump and dump but quickly fade due to competition. As soon as they reach a Binance listing, they become practically stagnant, dumping as much as they pump.
**The difference between solid projects and others is that projects like CRYPTOCAP:INJ get bigger and bigger, and you can hold them for many years, continually making more money. Other projects have nice pumps, followed by nice dumps, and there’s no reason to hold them long-term.**
After studying the project, its social presence, potential, and technology, I forecast that CRYPTOCAP:INJ will be one of the biggest gainers of this bull run. By 2025, its value will exceed $100 and potentially reach $250 or more.
The real pump for CRYPTOCAP:INJ will begin once it surpasses the $30 resistance. Then CRYPTOCAP:INJ will start to attract institutional investors, possibly launch ETFs, and the masses will FOMO into it.
This is my personal opinion, not financial advice. DYOR as always.
Could Injusdt's Latest Move Signal a Major Reversal? Yello, Paradisers! Have you noticed #Injusdt recent market activity? It's been a wild ride, making lower lows and lower highs for several days in a downtrend. But is there a glimmer of hope for a bullish reversal? Let's dive into the details! 🧐
💎#Injusdt has been caught in a relentless downtrend, characterized by lower lows and lower highs. However, the market structure recently experienced a significant shift with a break to the upside, resulting in a higher high. This move has brought some optimism among traders, suggesting a potential reversal.
💎After breaking out, the price retraced back to a previous resistance level, which is now acting as support. This is a crucial zone that traders should watch closely.
💎The price is respecting an ascending support line with multiple taps, indicating strong buyer interest at these levels. Currently, the price is positioned just above a critical support-resistance level, increasing the likelihood of testing the minor resistance zone at 29.72.
💎If the volume holds, there's a good chance the price may rally to the major resistance zone between 33.02 and 35.85. However, it's important to stay cautious.
💎If the price fails to maintain above the ascending support and closes below 22 on the daily chart, it will invalidate the uptrend, signaling a potential return to the previous downtrend.
Stay vigilant, Paradisers. INJUSDT is at a pivotal point, and the next few moves could set the tone for its medium-term trend. Always remember, disciplined trading and sticking to your strategy is crucial for long-term success. Keep a close eye on these levels and adjust your trades accordingly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Breakout Alert! Will INJUSDT Keep Climbing or Fall Back?Yello, Paradisers! Are we on the brink of a significant move for #INJUSDT?
💎#INJ has successfully broken out of a descending channel pattern, suggesting a high probability of continuing its upward movement. The price has already retested the support level, indicating a strong likelihood of moving toward the resistance zone at 28.5 - 30.8.
💎Historically, INJ faced rejection and a false breakout at this zone. For a sustained upward trend, it must break through this resistance, switching back to bullish momentum and potentially reaching our target resistance area.
💎However, if INJ fails to break through and falls back to the support area at 24, it might create new momentum. If it fails to rebound and breaks down the support directly, this could be a bad sign, with the price likely revisiting the strong demand area at 18.4.
💎Historically, INJ has shown strong rebounds from this demand zone, consistently moving upward afterward. Therefore, it’s crucial for the price to bounce when revisiting this area. If it fails to do so, the bullish invalidation will be confirmed, and the price may dip further.
Trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
INJUSDT Poised for a Major Move – Are You Ready?Yello Paradisers! Have you been tracking INJUSDT lately? If not, now's the time to focus. INJUSDT is currently in a critical demand zone and showing strong momentum above the EMA, suggesting a potential bullish breakout.
💎In our previous observations, #INJUSDT faced rejection at a higher supply zone $31.14, causing a significant decline. Now, it’s operating within the demand zone around $24.78, maintaining strong momentum above the EMA 100. If INJUSDT continues to sustain its momentum above this EMA, there's a high probability it will challenge the supply area again, potentially breaking above the resistance.
💎However, if INJUSDT fails to maintain its momentum above the EMA and drops below the lower demand zone, we could see a significant price drop and bullish invalidation.
Remember to employ prudent trading strategies and use proper stop-loss measures. Stay alert to market movements for timely updates.
This market requires patience and strategy. Only those who understand the market cycles will reap the benefits. Remember, timing at the right levels is crucial for consistent profitability. Be strategic, stay disciplined, and you’ll be in the winner’s circle.
MyCryptoParadise
iFeel the success🌴
INJUSDT 1-Day Chart 2024 best tokenThe red highlighted area below the current price action marks a strong support zone around the 15.00 - 20.00 range.
This level has previously provided a strong base for price to move higher.
A significant resistance level is identified at 45.00, which is the projected target for the upward movement.
Intermediate resistance levels at 39.91 and 42.78 might also be observed, acting as potential take-profit points.
The price recently broke above a key level of 24.24, indicating bullish momentum.
The chart shows a significant upward movement with a projected path towards the 45.00 level.
Ensure proper position sizing to avoid overexposure to market volatility.
Is #INJUSDT Poised for a Major Bullish Breakout? Don't Miss ThesYello, Paradisers!Have you been tracking #INJUSDT lately? There's a major bullish continuation from support that could be just around the corner. Let's dive into the details!
💎 After a careful analysis of #INJECTIVE price action, we've observed a promising pattern. For a long time, CRYPTOCAP:INJ has been adhering to a descending trendline. Recently, it successfully broke above this trendline and resistance at $21.41, turning this level into support. If #INJ sustains momentum at this support, there is a high probability it will first target resistance at $23.41.
💎 However, due to previous strong bearish pressure, there's an imbalance in the price. It's likely that the price might revisit this level to fill the imbalance. If CRYPTOCAP:INJ fails to initiate an upward movement from the retest level of support, we should look for a bullish rebound from the lower demand at $18.94. On the flip side, if the price breaks below the $18.94 demand, this could invalidate the bullish setup and lead to further declines.
Stay sharp and trade smart, Paradisers! Stay disciplined and focused on your trading strategy.
MyCryptoParadise
iFeel the success🌴