Injective (INJ) Price Prediction: Analyst Foresees Huge Jump To $380

Quick Summary:

Technical Twinkle: Hidden Bullish Divergence Fuels Optimism Marks’ prediction hinges on a technical indicator known as “hidden bullish divergence.” In layman’s terms, this suggests a potential disconnect between the asset’s price and a technical measure of its momentum.

With prices being above this target level, the next Logarithmic Target is at $380 and the Hidden Bull Divergence can be… pic.twitter.com/QL96YNCToT — JAVON⚡️MARKS (@JavonTM1) June 24, 2024 Marks sees this potential for a reversal in INJ, pointing to a retest of the $21.65 price point as a crucial signal.

This divergence between price and momentum is why it’s called “hidden” – the bullishness is there, but it’s not as clear-cut as a straight price increase.$INJ (Injective)’s price looks to still be retesting the $21.6541377 target while holding a major Hidden Bull Divergence that can be indicating a continuation!

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Crypto Altcoins INJ Injective Cryptocurrency Market News

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Published On: 2024-06-26 @ 07:30:13 (3 days ago)

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Language: English

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