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INJUSDT

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
What is INJ ? Product descriptionInjective (INJ) is a blockchain protocol focused on decentralized finance (DeFi) applications. Developed by Injective Labs, it was launched in 2018 with key features designed to enhance the DeFi ecosystem. Key Features of Injective: - Interoperability: Built using the Cosmos SDK, Injective is highly interoperable. It supports the Cosmos Inter-Blockchain Communication (IBC) protocol, allowing seamless asset transfer across different blockchain networks. Injective is compatible with multiple blockchains like Ethereum, Solana, and Cosmos. - Decentralized Finance Tools: Injective provides developers with software modules to build DeFi solutions, including decentralized exchanges (DEXs). These tools ensure interoperability and liquidity aggregation within its ecosystem. - Decentralized Autonomous Organization (DAO): Governance of the Injective protocol is overseen by a DAO, allowing community-driven network and protocol updates. - Resistance to Front-Running: Injective employs a frequent batch auction model to prevent front-running, a common issue in decentralized exchanges. - Deflationary Tokenomics: INJ, the native token of Injective, has a deflationary mechanism. 60% of all protocol fees are burned weekly, reducing the token's supply over time. - Use Cases of INJ Token: INJ is used for transaction fee discounts, staking rewards, governance, providing passive income, and incentivizing market makers. Development and Ecosystem: - Development Team: The Injective protocol was developed by Injective Labs, comprising engineers, traders, and operators. The team maintains a relayer interface and offers backend support for the protocol. - Ecosystem Growth: Injective has a rapidly growing ecosystem with projects like Helix, Astroport, and Frontrunner. It also announced a $150M ecosystem initiative to support DeFi developers building on Injective. - Technological Upgrades: Injective has undergone significant upgrades, such as the Injective CosmWasm Mainnet upgrade, which supports smart contracts and automated execution. The upcoming Volan upgrade will introduce sub-second block times and full IBC integration. Injective Chain and Tokenomics: - Chain Details. Injective Chain is a permissionless public blockchain network that operates on a Delegated Proof-of-Stake (DPoS) consensus. - Token Supply: INJ has a maximum supply of 100 million tokens, with various allocations for ecosystem development, community growth, and initial sales. In essence, Injective aims to create a more democratized and efficient financial system through its DeFi-focused blockchain infrastructure and native token INJ.
by Aibullz
Injective (INJ/USDT) New High !Unbelievable! Four months before Bitcoin Halving INJ has a New High ! .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
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" $20 is an excellent medium-term target for the growth of the Injective token price _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
Near to resistance 19$ (INJ)❤️❤️Thanks for boosting 🚀 and supporting us! 📈At the moment when we approach resistance, according to price action, we expect 80% return from support and resistance. 📊 (-sell) : 19.106 🔴 Stop Loss : 20.069 🎯 Take Profit : 17.55 - 16.65 - 15.162 🔗 For more communication with us, send a message in TradingView. 👨‍🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Short
by ahmadarz
2
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