top partner

for CFD

Injective is in a bull market since January, and the price hasn’t looked back since.

Key Support levels: $6

Key Resistance levels: $10

Injective have had an amazing rally in the past four months, increasing by over 600% or from $1.3 to $8. The price does not seem to take any breaks, with bulls determined to take it to $10, where the key resistance awaits. The current support is at $6.

Chart by TradingView

Trading Volume: The buying volume continues to be high and sustained since January. This explains the quick ascent of the price.

RSI: The daily RSI is just under 70 points. The RSI has been hovering around this level since January. So long it stays here, the bias remains bullish.

MACD: The daily MACD is curving up and may do a bullish cross soon, which could take the price to $10.

Chart by TradingView


The bias for INJ is bullish.

Short-Term Prediction for ADA Price

The bullish momentum could continue. But it would be critical to see how the cryptocurrency will perform if it manages to get to the important resistance at $10.

The post Massive Rollercoaster for INJ but $9 Resistance Persists, What’s Next? (Injective Price Analysis) appeared first on CryptoPotato.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]