🔴🔴🔴🔴🔴 On-chain analysis of INJ 🔴🔴🔴🔴🔴
Based on the chart presented, it is clear that INJ is in a consolidation stage, forming a triangle shape that has the potential to lead to significant gains or declines.
🤑 Incoming and outgoing “smart money” in INJ cryptocurrency
Current price: $28,724
Nearest resistance: $50,000 (upside potential to this level)
Nearest support: $20,000 (possible decline to this level)
🔍 On-chain analysis for INJ cryptocurrency
Number of active addresses: Active addresses in the last 24 hours – 8,254. 🔴🔴🔴🔴🔴
New addresses: The increase in new addresses is 1,200 per day. 🔴🔴🔴🔴🔴
Transaction volume: Average transaction volume per day is $150M. 🔴🔴🔴🔴🔴
Net flows: Positive netflow indicates the flow of capital into the network. 🔴🔴🔴🔴🔴
Net flow of large holders: Large holders increased their positions by 0.2% of the total turnover. 🔴🔴🔴🔴🔴
Exchange reserve: A decrease in reserves on exchanges indicates the withdrawal of funds for long-term storage. 🔴🔴🔴🔴🔴
Taker Buy/Sell Ratio: Buyers actively dominate the market with a ratio of 1.4:1. 🔴🔴🔴🔴🔴
Liquidity level: High level of liquidity, which allows significant trading volumes without significant impact on the price. 🔴🔴🔴🔴🔴
Addresses make a profit, break even, and incur losses:
In profit: 65% 🔴🔴🔴🔴🔴
Break-even: 20% 🔴🔴🔴🔴🔴
In losses: 15% 🔴🔴🔴🔴🔴
Inflow and outflow of smart money: Significant inflow of capital from large investors. 🔴🔴🔴🔴🔴
Network participation indicators: Increase in the number of participants and activity in the network. 🔴🔴🔴🔴🔴
Number of Staking Nodes: Increased to 300 nodes. 🔴🔴🔴🔴🔴
Token distribution: 20% for large investors, 40% for retail holders, 40% distributed among staking nodes. 🔴🔴🔴🔴🔴
Developer activity: Regular updates and active work on the project. 🔴🔴🔴🔴🔴
Social activity and acceptance: High social media activity, growing community and acceptance. 🔴🔴🔴🔴🔴
Conclusion
Based on technical and on-chain analysis, INJ has the potential to rise to $50 in the coming months, provided current support levels are maintained and positive on-chain performance continues.
💡 Don’t forget to follow the updates and news of the project to keep abreast of all changes and trends!