#inj still has potential and strong weekly candlei think can 5x so easily and i hold this for q1 2024
just check that chart
#inj #injective #realwordasset #rwa
INJUSDT trade ideas
Best Setup in CryptoInjective has been building out a 6 month symmetrical triangle base (long-term cup w/ handle). Volume has declined significantly with price tightening up just above the weekly 20 EMA + 30 SMA.
As we're heading into a seasonally strong period (Oct-Nov is historically the best performing period for crypto) and the pattern appears to be nearing an end, this could be ready to rip over the next 6-8 weeks just as sentiment hits extreme fear.
Catalyst: The SEC on Oct 13 decided to not appeal the court case won by Grayscale, increasing the likelihood of a Bitcoin ETF being approved over the next few months. The market could front-run this ETF approval.
#INJUSDT (Watchlist) 5-2023
Add BINANCE:INJUSDT to your watchlist.
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
The Most Interesting Layer 1 ChartHello
I am accumulating this as a long term hodl
Chart is simple and next bull run this going to 100+
Search about injective you will love it
Good luck
INJ - Short!Dear my friends,
INJ, I observed and entered the order when the price was 1.6 and I cut it completely when the price was 2.7. I highly recommend it and I've been following it for a long time. But I still really underestimated it and I missed the wave for a long time after that.
However, I continued to observe and monitor INJ. And now it's time. When the short signal is too obvious.
1. Two pinbars on the daily frame determine the top.
2. The overbought RSI formed two peaks and diverged clearly.
I wouldn't be surprised if INJ's future price is 89u or 150u in 2025.
But before that, it will correct after the overbought period.
I will place a new buy order at the price range of 9u and 6u.
I hope this analysis of mine will help my friends avoid unnecessary FOMO, the profit is not much but the risk is too high.
Wait patiently and eat the furthest wave.
Best Regards,
INJUSDT at LTF support, likely to head up and clear the highI believe the price has retraced enough and has landed on the adjusted low time frame support LTFS1 and may be ready to bounce again. This time the bounce will probably clear the high it has made previously. However, partial profit taking on the way up would not be a bad idea. Let see how and where it goes.
INSUSDT at LTF support, likely to head up to 34.08The price has hit the low time frame support LTFS1 and it is lilkely to bounce from there. Therefore, a long is preferable here. The target of the trade should be 34.08. The stop loss has also been marked on the chart. If it loses that support, then it is heading towards 30.9 area.
$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.
INJ Your Opportunity to Build Wealth: Unlock Crypto's**Short Fundamental Analysis for INJ Coin**
**INJ Coin Overview**
INJ Coin is the native token of the Injective Protocol, a decentralized finance (DeFi) platform that enables users to trade and exchange digital assets across different blockchains. The INJ token serves a variety of purposes within the Injective Protocol, including:
* **Paying transaction fees:** INJ is used to pay for transaction fees on the Injective Protocol.
* **Staking:** INJ can be staked to earn rewards and participate in governance.
* **Voting on protocol proposals:** INJ holders can vote on proposed changes to the Injective Protocol.
**INJ Coin Fundamentals**
The Injective Protocol is a promising DeFi platform with a number of key strengths:
* **Cross-chain trading:** The Injective Protocol allows users to trade digital assets across different blockchains, which can provide greater liquidity and market access.
* **High throughput:** The Injective Protocol uses a Layer-2 scaling solution to achieve high throughput and low transaction fees.
* **Governance:** INJ holders have a say in the direction of the Injective Protocol through a decentralized governance mechanism.
**INJ Coin Recent News**
In recent months, there has been a lot of positive news about the Injective Protocol and the INJ token:
* **Integration with major exchanges:** Injective has announced integrations with major cryptocurrency exchanges, such as Binance and Huobi. This will expose INJ to a wider audience and increase liquidity.
* **Protocol upgrades:** The Injective Protocol has been undergoing a series of upgrades, which are aimed at improving performance and scalability.
* **Growing community:** The Injective community is growing rapidly, with a number of active developers and community members.
**Overall Outlook for INJ Coin**
The future of INJ Coin looks bright. The Injective Protocol is solving a real problem in the DeFi space, and the INJ token is well-positioned to benefit from the protocol's growth. However, it is important to note that the cryptocurrency market is volatile, and there is always a risk of price fluctuations.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
**
INJ Alt Pump beta Is this the end of the Road or More upside
Fake out lower and ripped hard
Maybe a Friday dump is in play here are my Levels from TPO and bookmap
Vol goose eggs mostly filled except for $29
INJ Next Target Is 22$👉 The Price Successfully Breakout The Falling Wedge And Now Ready To Start a New Bull Rally
📥 Targets Are 18$ And 22$
INJUSDT 10X profit longtermINJ is on of the most hyped AI coin and has gained a lot of attention recently due to the spike in price. This is one of my longterm AI coin I will hold until December 2024. I am expecting 10X profit on this one
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.
Does Inj plan to hit $40 ?🔍🌪️
The volume of trading in this currency is a strong indicator of buyer interest.📊👀
The Inj currency has seen significant growth in the past 60 days, rising by 250%. This growth is due to a number of factor
inj top look like CRYPTOCAP:INJ want to bleed lower. good r. lets see waht happens until proven otherwise
INJ/USDTInjective. One of the most hyped and profitable coin from this year.
At its all time high level. INJ was at this level back in 2021 April where BTC hit 69.000 dollars.
Just an interesting fact that while BTC is no where close to reach its previous level, INJ is doing something very surprising.
I will watch this level and provide an update on my opinion if it can close at least 2 weekly candles above 25 dollars.
Not a financial advice
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.
Fundamental analysis of the Injective cryptocurrencyGiven the scores obtained from our fundamental analysis of the Injective cryptocurrency, the project shows significant potential as a cryptocurrency investment. It demonstrates robustness in several areas, particularly in social and media presence, ecosystem development, and partners and investors. However, it must address certain challenges, including bolstering its software developer team and enhancing token utility within its ecosystem, to further increase its investment appeal. Despite these areas of improvement, the risk associated with the Injective cryptocurrency seems to be outweighed by its potential. It represents a sound project in the burgeoning DeFi space, offering promising opportunities for investors who are prepared to navigate the typical risks associated with crypto investments.
SOCIAL & MASS MEDIA: Score 8.7 out of 10
AUDIT & SECURITY: Score 7.11 out of 10
TOKENOMICS: Score 7.45 out of 10
ECOSYSTEM DEVELOPMENT: Score 8.1 out of 10
TEAM & DEVELOPERS: Score 6.8 out of 10
PRODUCT & UTILITY: Score 7.9 out of 10
PARTNERS & INVESTORS: Score 8.85 out of 10
Overall Score 7.90
INJUSD Bullish long term idea INJ has emerged as a standout performer this year, currently consolidating above a resistance level at $16. I have held a position since it was under $10 and have recently added to it. My expectation is for INJ to reach and potentially get rejected at the previous bull market's all-time high (ATH) of $25 USD. If this scenario unfolds, it could set the stage for a significant surge, possibly exceeding $100.
Also the recent surge in Bitcoin (BTC) prices, there's a possibility that a significant portion of the capital could flow back into altcoins which will be postive for INJ
20$ INJ IS COMING SOON!Remember that it is never too late to buy and the market always gives you another chance to do so, maybe the second time will be less profitable , but it will definitely have less risk and loss .
For this currency BINANCE:INJUSDT , we are waiting for our second chance and then we will buy for higher targets.
Buying range
$9-10.5
Possible targets
$16
$20
$25
and less likely targets
$40
$65
INJ/USDTCRYPTOCAP:INJ formed an ascending broadening wedge pattern which broke down, and we have now formed a descending channel, which is a bullish reversal pattern, a breakout out of it can pump to first target of $20
