Injective (INJ) Breaks $18 Resistance: Investors Expect Higher Prices

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Related Reading: Solana (SOL) Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum As the market establishes its direction, price action in the coming days will play a pivotal role in determining INJ’s performance in the weeks ahead.

The current optimism surrounding Injective is backed by encouraging price action, but sustained upward movement will be needed to confirm a lasting trend.  As the market watches closely, INJ’s ability to hold these levels may determine its potential for further growth in the coming days.

Now, trading above the 4-hour $18 resistance, the altcoin has ignited excitement among investors and analysts, who believe INJ could be a top performer in this market cycle.  One notable analyst, Crypto General on X, has shared his technical perspective on INJ, setting high expectations for a $53 price target in the coming months.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: United Kingdom

Topics: INJ Price INJUSDT Injective Bullish INJ news Injective price Injective (INJ) INJ Injective INJ analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 20:00:58 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 60 lines

Sentence Length: 9 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22477505

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Main Topics: Crypto

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