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Injectiveprotocol

Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream) Maybe it will be the same now?) But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50. 🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away) 🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
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
Long
by Cryptorphic
INJ +100% in spot.So, #INJ has dropped by more than 50% from its recent local high of around $53. On the chart, there is a clear trend line that the price is responding well to. Additionally, we have Fibonacci support at the 0.236 level. I am considering entering a position from the current values both in spot and futures. For myself, I have chosen to use credit leverage with a multiplier of x2, as in previous ideas. Target - $50 Stop Loss - $17.5 This is not financial advice; everything you do, you do at your own risk!
Long
by neverovv
[INJUSDT] - this is why must get bullish!in 3D chart INJ still comsolidate a a massive ascending channel price now retesting the lower side of the pattern which gathering with a 0.618 fib level which making it the most important support! ... that making price must rebounding from here! - u can see the H&S pattern and clearly u can see that the pattern completed and declined to reach exact it's target most time when pattern completed and reach it's target it reverse it's direction so we expect volatility between 0.618 and 0.786 fib level in next days then get bullish. appreciating for supporting us with ur "like " and follow for more ideas, updates🎯
Long
by ceciliones
7
Injective (INJ)Injective is one of the famous pioneers of layer-one blockchain for finance, in which user can build and use the Web3 applications. Anyway, Injective also was the first (or one of the first) altcoin which started the next upward/impulse wave sooner than others; and it seems INJ is making an inverted harmonic pattern. If this harmonic pattern takes place, major correction can be anticipated. Although, there is another scenario, that is, a three waves pattern of A-B-C unfold. If this happens, INJ can continue its rise to the Fib level 1; about $50 price level. Or even a mixture of these two scenarios might happen. Let's see which scenario happen.
BINANCE:INJUSDLong
by SaeedSalehinia
INJ : M-Pattern, BEARISH📉Hi Traders, Investors and Speculators of Charts📈 IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled. From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes. Losing the dash-diagonal trendline (white) will also be an extremely bearish sign. Considering that this is the weekly timeframe, it may take some time for the price to move towards the lower support zones, depending of course on how hard the alt-market continues to dump. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:INJUSDT.P
Short
by CryptoCheck-
1
INJ pullback soon INJ over 900% without corrections. I think soon we will see health pullback BINANCE:INJUSDT Possible Targets and explanation idea ➡️Market Mood indicator we are at Sep 2021 level sentiment. Late longs will be liquidated ➡️0.5 - 0.62 lvls fib can be a fix profit zone before correction ➡️Inside this zone we got liquidity stop losses from September 2021 ➡️Based Money power indicator whales start take a profit ➡️Healthy correction can be even to 5-6$ My previous idea 2.5 Monthly fvg probably invalidated for this current moment but will be like a main zone for next bear market 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
1
INJ/USDT Gearing up for a Bullish Momentum Again? 👀INJ Analysis💎Heads up, Paradisers! #INJUSDT is on the brink of a bullish turnaround from a crucial support level at $30.12. If CRYPTOCAP:INJ maintains its momentum here, there's a high chance for a bullish journey, given the price's historical reverence for this support, marking it as a stronghold after respecting it three times. 💎However, if the upward trajectory of #INJ falters and dips below $30.12, we'll turn our attention to a lower demand zone at $16.62, where ample liquidity promises a potential rebound. 💎Vigilance is paramount: a breach below this secondary support could spell further declines as market sentiment leans toward a sell-off. Stay alert, traders, as we navigate the shifting currents of the #Injective market.
Long
by MyCryptoParadise_Simon
2
INJ Rally continues, is 60 Dollars next??INJ has been on the Bull cycle since December 2022. Currently on a daily TF we just completed a correction cycle, swept the liquidity lows, and now back at my initial INJ Long Price, where I'm taking Buy or long orders. Based on the chart, correction started on the 20th Dec 2023, ever since then we have been moving choopy, somewhat side ways, then based on the counter or wave counter for a cycle, we can see that WXY correction completed at around $31 and the price moved back-up above $34 which is where my entry for my long or buy orders is at, and im targeting $60 from here and above. Overall trend or cycle is bullish, refer to weekly TF as well as it suggests that INJ above $19 is bullish unless we break below this price then sentiment changes , but otherwise INJ is one of those tokens im looking for to moon atleast 10X. What you think? or what are your thoughts on this?
Long
by Theofylrx
$INJ Price Forecast: On the Cusp of a Breakout Towards $55 🚀💰Injective ( CRYPTOCAP:INJ ) investors brace for potential gains as the price inches closer to a breakout, currently hovering around $43. With a short-term target set at $51 and a tantalizing possibility of reaching $55 shortly, excitement mounts within the crypto community. The prolonged consolidation period of over two months seems to be nearing its end, with CRYPTOCAP:INJ displaying promising signs of upward momentum. Patient investors may soon reap the rewards of their steadfastness, with the potential for double-digit gains on the horizon. After encountering formidable resistance within the $31.09 to $43.40 range, marked by three distinctive lower highs, CRYPTOCAP:INJ appears poised to overcome these barriers. A recent surge in buying activity catapulted the price above the declining resistance trend line on February 27, resulting in a notable 13% rally. Even amidst a liquidation event on March 5, CRYPTOCAP:INJ successfully retested this resistance-turned-support level, solidifying its newfound bullish momentum. Currently, CRYPTOCAP:INJ finds itself on the cusp of breaking through the range high of $43.40, signaling the potential for a breakout. With Bitcoin consolidating, altcoins like CRYPTOCAP:INJ may seize the opportunity to surge ahead. A breakout could propel CRYPTOCAP:INJ to $51, representing a significant 17% gain. As this target aligns closely with the psychological $50 mark, bullish sentiment is further bolstered. Should buying pressure persist, the path to $55 opens up, offering the tantalizing prospect of a 28% increase in value. However, vigilance remains crucial, as a close below $34.15 could invalidate the bullish outlook, potentially leading to a retest of the range low at $31.09, marking a 9% decline. In summary, as CRYPTOCAP:INJ inches towards a potential breakout, investors eagerly anticipate the fulfillment of bullish forecasts. With targets set at $51 and $55, the trajectory of CRYPTOCAP:INJ promises lucrative opportunities for those positioned strategically in the market.
Long
by DEXWireNews
INJ/USDT READY FOR A BIGGEST PUMP!! TARGET WILL BE $200Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this INJ/USDT Trade setup. INJECTIVE PROTOCOL (INJ) looks super bullish here. Breaks out from the bull flag in the daily time frame. Buy some here and accumulate more in the dip. Expecting a great 400-500% pump in the upcoming bull run. Entry range:- $35-$38 Target1:- $76 Target2:- $112 Target3:- $160 Target4:- $216 Invalidation:- Daily close below $32 What do you think about this? Let me know in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
Support-turned-Resistance Structure with Bullish MACD DivergenceSupport-turned-Resistance Structure with Bullish MACD Divergence and Volume Profile Analysis Summary: This trade proposal focuses on identifying a support-turned-resistance structure around the 33.75 level in Injusdt. Previous resistance turned support, combined with a bullish MACD divergence, suggests a potential buying opportunity. Utilizing Volume Profile analysis, we aim to determine profit-taking levels near the upper boundary of the 70% volume area. Technical Analysis: Support-turned-Resistance Structure: The 33.75 level has previously acted as both resistance and support, demonstrating its significance in the price action of Injusdt. After being breached twice, it now serves as support, indicating a potential shift in market sentiment. Bullish MACD Divergence: A bullish divergence has been observed in the MACD indicator, where the price forms lower lows while the MACD forms higher lows. This discrepancy suggests weakening bearish momentum and a potential reversal to the upside. Interpretation: The confluence of the support-turned-resistance structure at 33.75 and the bullish MACD divergence provides a compelling case for a bullish trade. By utilizing Volume Profile analysis, we aim to identify profit-taking levels near the upper boundary of the 70% volume area, where significant selling pressure may emerge. Trade Plan: Entry: Consider entering a long position once the price rebounds from the 33.75 support level, confirming its role as support. Alternatively, wait for a bullish candlestick pattern or a break above a key resistance level to confirm upward momentum. Stop-Loss: Place a stop-loss order below the 33.75 support level to protect against potential downside risks. Adjust the stop-loss level based on the volatility of the asset and your risk tolerance. Take-Profit Target: Utilize Volume Profile analysis to identify the upper boundary of the 70% volume area as a potential profit-taking level. This level may act as a significant resistance zone where selling pressure could increase, leading to a potential reversal or consolidation. Risk Management: Manage risk by sizing positions appropriately and adhering to proper risk-reward ratios. Monitor the trade closely and consider adjusting the stop-loss and take-profit levels as the trade progresses. Disclaimer: Trading carries inherent risks, and there is no guarantee of profits. Conduct thorough analysis and consider all factors before making trading decisions. Utilize stop-loss orders and risk management strategies to mitigate potential losses.
Long
by ispatialresources
2