🔴 $INJ Updates 🔴
INJ is currently priced at $22.31, which is a 1.2% decrease from yesterday and 2.4% lower than its value a week ago. The trading volume for Injective in the last 24 hours was $96,517,164. The coin’s chart is forming a falling wedge pattern just above its (ATH), indicating a critical juncture where the price’s ability to maintain current levels could determine future movement.
After a significant rally in 2023, Injective has seen a substantial correction, with its market capitalization dropping from over $4.86 billion in March to $2.14 billion. This represents a decline of over 56% from its year-to-date high. Despite this downturn, some analysts are optimistic about INJ’s long-term prospects, predicting a potential bullish breakout. One such forecast suggests that INJ could surge to $100, which would be an increase of over 340% from its current price