↖️3Altcoins expected to overtake Bitcoin in July 2024.

✅#inj is the governing token that powers Injective, a Layer-1 (L1) blockchain designed for DeFi applications (#DeFi ).

🔀 The value of the altcoin has increased by 10% over the past 7 days. Currently, its value is above the 20-day EMA. This average measures the price of the asset over the past 20 days.

⚪When the asset price exceeds this important average, it is a bullish signal. It indicates that buying pressure is sufficient to push the price above this intermediate level. Traders often interpret this as a signal that the uptrend may continue in the short to medium term.

🔵Moreover, INJ's Parabolic Stop and Reverse (SAR) indicator points are below its price.

✔️ This indicator measures the direction of the asset and identifies potential reversal points for the price. When its points are below the price of the asset, the market is said to be in an uptrend.

💠This indicates that the asset price is rising, and the upward trend may continue.

🔶If INJ's uptrend continues, the token may trade at $24.37.