Injective $INJ Could Rise 20-45% in June as Bitcoin Rises
The INJ/BTC chart shows an extended downtrend, with multiple failures to break above the daily Ichimoku Cloud and 100-day EMA. The price is currently testing the support level, indicating a possible breakout.
INJ/BTC: A break above 0.0005380 BTC would indicate a trend reversal and bullish momentum.
INJ/USDT: A break above $29.40 and then $36.36 would signal a strong uptrend.
Why was INJ able to outperform BTC's performance in June?
Injective Protocol has unique DeFi offerings that are likely to attract significant interest and investment, especially as the DeFi sector expands.
INJ's higher volatility compared to Bitcoin offers greater potential profits on bullish BTC moves.
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