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Injectiveprotocol

$INJUSDT Analysis: Bullish Momentum Post-Election result!!BINANCE:INJUSDT has shown a strong bullish momentum after breaking out from a key trendline and undergoing a healthy correction to major support levels. Yesterday's sharp upward move, accompanied by significant volume, came in the wake of positive election results, fueling optimism in the market. With this newfound strength, we are anticipating that INJUSDT could soon challenge and potentially break its All-Time High (ATH). As always, trade cautiously and use a small portion of your capital to manage risk effectively. The trend is favorable, but risk management is key. Trade Safe, Stay Smart! BINANCE:INJUSDT Currently trading at $20.8 Buy level: Above $20 Stop loss: Below $16 TP1: $23 TP2: $28 TP3: $33 TP4: $53 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
INJ SWING LONG OPPORTUNITY - Injective Network INJ was one of the most bullish coins last year during the 2023 autumn altcoin season, achieving over an 8x increase! I strongly recommend following this coin during the 2024-2025 altseason. Technical Analysis: The price reached a weekly swing point and wicked off it, but couldn’t close below, showing a strong rejection from that level. This led to the creation of a daily demand zone, which I find significant since the weekly run occurred before this daily demand was formed, suggesting strong support potential. The price has now hit the daily demand zone and is sitting at a maximum discount area. I’ll be watching for lower time frame confirmations to anticipate price movement, but things are looking great. Targets: There is a bearish trendline that has defined the bearish structure since June 2024, which I consider the first take-profit level. Additional targets are visible on the chart, with 24.94 and 28 USD as potential levels. I expect we could reach these targets before the new year.
Long
by UA_CAPITAL
Injective ($INJ) Soars Over 10% After Major Exchange ListingThe price of Injective ( CRYPTOCAP:INJ ) has surged more than 10% today, reflecting a wave of optimism sweeping through the market after Upbit, one of South Korea’s leading cryptocurrency exchanges, announced its listing of the token. As of writing, INJ is trading just below $24, a critical resistance level that could potentially pave the way for a new all-time high (ATH). Key Developments Behind the Surge 1. Upbit Listing: The primary driver of today's rally is the announcement by Upbit, South Korea’s top exchange, that it will list Injective in both the KRW (Korean Won) and USDT markets. This significant endorsement signals the exchange's confidence in the long-term viability of INJ. The listing, set to go live at 18:15 on October 17, 2024, is expected to enhance liquidity and attract a broader base of traders, including both retail and institutional investors. 2. Market Sentiment: The listing has injected fresh confidence into the market, pushing Injective’s price to surge past $23 and potentially target the $24 mark, a key resistance level. If breached, market analysts believe that INJ could see further gains, possibly touching or even surpassing its previous ATH of $52.75. 3. Strategic Trading Rules: Upbit has introduced specific trading restrictions to ensure market stability during the initial hours. These include a temporary buy limit for the first five minutes of trading and a cap on sell orders that fall below 10% of the previous day’s closing price. These measures aim to protect traders from excessive price volatility as trading begins. The Broader Market Context Injective’s strong performance isn’t happening in isolation. The broader crypto market has seen a resurgence, with leading digital assets like Bitcoin recently surpassing the $68K mark. This has bolstered confidence in altcoins, particularly as investors anticipate further growth fueled by broader market trends like the “Uptober” rally and optimism surrounding the upcoming U.S. elections. In this favorable environment, the positive sentiment surrounding Bitcoin has trickled down to top altcoins like INJ. The anticipation that altcoins will follow Bitcoin’s bullish trajectory could further support INJ’s price action in the coming days and weeks. Technical Outlook: From a technical perspective, Injective is showing signs of strength. Currently, CRYPTOCAP:INJ is trading with an RSI (Relative Strength Index) of 53.56, which indicates moderate momentum. Though the price retraced slightly after hitting a recent high of $23.18, it remains above key moving averages, signaling that bulls are still in control. If CRYPTOCAP:INJ can maintain this momentum and break through the critical $24 resistance level, the next significant price target would be its previous ATH of $52.75. We suggest that this price point could act as a catalyst for even further gains, particularly if market conditions remain favorable. Strengths of Injective Beyond the immediate price action, the fundamentals of Injective continue to attract investor interest. The platform is built to provide decentralized finance (DeFi) solutions, with a focus on enabling fast, low-cost transactions across a variety of blockchain networks. With the rise of decentralized exchanges (DEXs) and Layer-2 solutions, Injective’s technology is well-positioned to capture a growing share of the DeFi market. Additionally, Injective’s partnerships and growing adoption across various decentralized finance ecosystems further strengthen its long-term outlook. As a blockchain optimized for high-performance trading and cross-chain capabilities, Injective is emerging as a key player in the rapidly evolving DeFi space. Conclusion: A Path to New Highs? With the South Korean market opening up to Injective via Upbit’s listing and a favorable macroeconomic environment, INJ’s price is poised for further growth. If the token can break through the $24 resistance level, it could set the stage for a new ATH and solidify its position as a top altcoin in the DeFi sector.
Long
by DEXWireNews
#injusdt #injective. Inverse head and shoulders. Get long#crypto. A strong pattern with a high probability trade has formed on injective. We have an inverse head and shoulders pattern. We have broken through the neckline. Not is has retested the neckline and turned resistance into support. This is a perfect formation to drive the price to the target from the inverse head and shoulders of 28. Get long now at 20.33 RSI is climbing higher and higher on each new low indicating the buyers are back in control. STO has bottomed out at 30 and is ready to bounce back to 70. Volume is not doing much though. Target 1 is 28 bucks. From 20.33. That is an unleveraged possible 38% play. Worth the risk. Stop out at 18. Crypto can be a nasty place so dont ride the elevator all the way back to ground. GL and message me if you would like me to look at particular charts and provide my opinion.
Long
by thecryptochart
INJUSDT: A Bullish Surge You Can’t Afford to Miss?Yello, Paradisers! Could we be witnessing the start of #INJUSDT's next major move? Let’s break it down for you. 💎After breaking out of a converging triangle pattern, #INJ is reclaiming critical support levels and showing strong signs of a bullish breakout. If this momentum holds, INJ is first targeting $18.80. Beyond that, price is eyeing the $19.25 - $19.55 zone, where the triangle pattern is likely to conclude. This key region also aligns with the FVG inefficiency, making it a must-watch area for traders. 💎As momentum picks up, sellers could be in trouble. If INJ fills the FVG void, a short squeeze could push prices even higher, possibly into the $21.25 - $22.00 range. However, for the bulls to trigger a strong squeeze, they need to maintain control above the $19.25 mark. 💎On the downside, solid support levels have formed around $17.55 - $17.25 levels. This region has added protection from the 4-hour EMA-50. This EMA has been reclaimed for the first time since August 27th. Further supports remain positioned at $16.50 level, and as long as this level holds, INJ remains in a bullish grip. Discipline and patience are key here, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
$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.
OSMOSIS:INJUSDLong
by CryptoNikkoid
1
$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.
by ugurtash
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-$17.00 (previously resistance). A strong reaction and hold at this level could provide a solid base for another upward move toward the supply zone and then resistance. 💎But remember, our analysis becomes invalid if a 4-hour candle closes below this support level. In that case, it’s time to reassess the situation and adjust our strategies accordingly. Stay sharp, Paradisers! The next few moves could be crucial in determining the direction of INJUSDT. Play it smart, and always keep your risk management in check. Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Injective correction zone before continuationBINANCE:INJUSDT Injective one of the main leader on this market. Watch potential zone for correction before continuation Possible Targets and explanation idea ➡️Weekly timeframe. Take a look on FOMO zones and size in 2021 and 2023-24 ➡️Congrats everyone who accumulated inside 27 zone on W timeframe ➡️INJ almost without corrections move Impulse/sideways/impulse to new ATH ➡️After rejection at 1.618 lvl would be good to see test M fvg around 25$ 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"!
Short
by Crypto4light
$INJ upside continuationCRYPTOCAP:INJ is one of the few coins that has outperformed Bitcoin last year. (Outperformed is an understatement) This entire year has been a large pullback which I believe has just come to a finish. Its safe to long a majority of coins at the moment, but I think CRYPTOCAP:INJ will be one of the few that will continue to outperform the major coins and the overall market. $14.45 represents last year's peak of value which has just been retested earlier this week. If Bitcoin expands higher, this coin will undoubtedly melt faces. I am obviously long. Also a fantastic coin for day trading. My projected price for CRYPTOCAP:INJ at the peak of this run would be around $125. On a side note: My first successful idea is playing out on BTC! It was posted a few days ago. Follow and boost for more ideas. Any feedback or comments welcome!
Long
by yonitrades
4
Alikze »» INJ | Descending channel🔍 Technical analysis: Descending channel - It is moving in a descending channel in the daily and 12H time frames. - It has faced a complex zigzag correction structure after the end of the last bullish wave that extended around the 2.618 area and the price of $53. - Currently, according to the downward momentum, it is approaching the OB region in the form of a three-wave pattern. - So if the $18.75 range maintains the 1.618 Fibo, it can have an attempt to the $25 range. In addition, in the continuation of it, if it faces selling pressure again, the last log can continue up to the range of the green box and Fibo 100. 💎 Alternative scenario: But if it faces selling pressure in the range of $25 and breaks it, the downward trend will continue in the range of the green box and continue with its failure until the range of 11.36. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:INJUSDT
Short
by alikze
2
$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.
Long
by CryptoNikkoid
6
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🌴
Long
by MyCryptoParadise_Jack
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.
Long
by TopGBanks
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🌴
Long
by MyCryptoParadise_Simon