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Injectiveprotocol

Injective Protocol (INJ) setup for upto 17.50%Hi dear friends, hope you are well and welcome to the new trade setup of Injective Protocol (INJ) with US Dollar pair. Previously after the completion of bullish Gartley INJ produce, almost 570% massive rally as below: Now on a 4-hr time frame, INJ has formed another bullish Gartley 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.
Long
by moon333
⚠️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.
Short
by pejman_zwin
16
$INJ Updated Target levels / Resistance and supportsAfter the great success of CRYPTOCAP:INJ since our last call I wanted to update some price targets. It has had an absolute rip since my first call yielding about 100% gain in about a month. I can see its success continue, but we need to break over the yellow updated resistance level outlined in this chart. (33.77) Another Critical component of this trade to pay attention to is the recent fud posted to twitter yesterday. This is the tweet I am referring to/ x.com It claims that collusion among market makers is the only thing keeping the price up. Another particularly alarming fact is the TVL compared to FDV 11m to 3 billion - which is absolutely horrendous. I personally will take profit on a good portion of my position and let the rest ride at critical points outlined. No point being greedy in this market. Plenty of opportunities await.
by Helios_Capital_Investment
1
Injective (INJ) Integral 350% Increase from October to December In 2023, INJ has seen an impressive 2000% growth, with a significant 350% increase from October to December. It recently reached a new all-time high of $33.4, and the buying momentum doesn't seem to be waning. Maintaining the upward trajectory of Injective is key at the moment. Despite never having breached the $32.1-$33.4 resistance zone before, buyers might aim for new levels at $35 and $38, assuming BTC stabilizes above $42,000. Any correction in INJ is likely to correlate with BTC's potential downturn. If BTC starts a downward trend, Injective could revisit its support zones at $28.5-$29.8, $26.6, and $23.6-$25.
COINBASE:INJUSDLong
by DEXWireNews
INJ INJECTIVE EW COUNT with targetsINJective Protocol had massive rally, reached target zone for wave 4 retracement levels of 0.236-0.382. Can it go much higher? Possible but less favorable. Fib Extension targets were also hit on both calculations, so its best to favor upside as limited. Wave 4 * can * retrace to a maximum of 0.5 fib before the count can be considered as invalid. For now, we're keeping the count as is until markets show us the count is invalid. Favoring current high as wave (iii) of wave (iii) in a large degree ABC corrective rally. Suspecting volatility on both sides similar to Feb with a move lower into a move higher before a larger pullback into a final pump higher to complete the wave (v) of wave C (projection NOT absolutes). However it can also be viewed as completed since it retraced to the targets as mentioned. Its not a long entry, but will be looking to short it once market gives a more clear view and entry. Will keep the count updated and post it when candles print. The key areas to look for are mentioned and the idea we're looking for has been explained, so if you can make sense of it keep an eye on the prize. We will have to see how it plays out. A large pullback can be a great opportunity to scalp some profits; a retest of the highs should be coming soon enough. We will patiently await to see what the markets decide over next few days/weeks going into the month of "sell in May, then go away" If you like my charts, please feel free to share, comment and click like to show support. Thanks and happy trading, Cheers
by CryptoHolix
Injective INJ price is preparing to be first to surprise everyonWhile most altcoins are still thinking about whether or not to repeat the growth in the BTCUSDT price, INJ buyers have already answered this question. The INJUSDT price has broken up of the corrective bullish flag, and consolidating above it, and is starting a new wave of growth. In our opinion, "the round figure" $20 is an excellent medium-term target for the growth of the Injective token price _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
INJ Neowave - Elliott Wave Theory Analysis (Daily - Medium Term)INJ is performing very well in 2023. The waves are quite similar in price, there is a possibility that the structure could be diametric. In this case, I would say that $13 is a very good level in terms of costing. The point to watch out for is the possibility of the structure turning into a symmetrical structure because in this case it should touch the 'dashed' trend support so that we can see waves 'H' and 'I' in the continuation of the trend. This could also be the opportunity of the year. Nevertheless, we will discuss this situation in the weekly updates. I will update the analysis on Mondays and have a profitable day.
by up_neowave
I anticipate a 30% increase in INJ.Hello everyone! Today let's take a look at Injective. Currently, the price is at a local bottom, and when it reaches this level, it tends to bounce back up. Another factor supporting the price is the EMA 200, which has just reached the support zone around $6.6. This suggests that a breakout below this level and further price drop are unlikely, except for a possible false breakout. Additionally, we can see a descending trend line on the chart, which acts as resistance for price growth. I believe that we can expect a rise in the asset's value in the near future, potentially up to the 0.618 Fib level at $8.49. Considering that the price is moving within a sideways trading channel, it could even reach the upper boundary around $9.5. This is not financial advice, and everything you do is at your own risk.
Long
by TradeMyIdea
#INJ/BTC 1D (Binance) Symmetrical triangle breakoutInjective Protocol is out-performing the crypto market after printing that morning star deviation. Looks good for bullish continuation in sats, probably after pulling back to 100EMA support. ⚡️⚡️ #INJ/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 6.5% Current Price: 0.0002916 Entry Targets: 1) 0.0002705 Take-Profit Targets: 1) 0.0003529 Stop Targets: 1) 0.0002292 Published By: @Zblaba CRYPTOCAP:INJ #INJBTC #Injective #AI #Web3 Risk/Reward= 1:2 Expected Profit= +30.5% Possible Loss= -15.3% Estimated Gaintime= 1 month injective.com
Long
by TradingOn
Medium- or long-term trade #6 for Injective INJ priceIt seems to us that the price chart of INJUSDT shows a continuation of "the Cup and Handle" trend pattern. Accordingly, the following conditions for medium- or long-term trading are valid and applicable: Enter = 6,56 Stop = 6,19 ( - 5.6%) TP = 11,34 ( + 72.9%) P/L ratio = 12.9 We allocate $10,000 for this trade In the event of a mistake, we will lose $564 If the trade will success, we will receive a profit of $7287 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
23