đđđ Forecast for INJ (Injective) cryptocurrency đđđ
$INJ
The INJUSDT chart (daily time frame) shows the following key points:
Support: An accumulation zone is marked around $26.82. The price is in a rising wedge.
Resistance: The upper boundary of the wedge is near $53.07.
Volumes: An increase in volumes confirms the upward movement.
Indicators: MA (25) at $25.53, MA (99) at $31.05, SAR at $23.95, and Ichimoku lines indicate possible growth.
Forecast
If the upper boundary of the wedge is broken, growth to the level of $53.07 and higher is possible.
If the price falls below the support of $26.82, a test of the lower levels of $25.43-$20.93 is possible.
đ On-Chain analysis for INJ cryptocurrency
Number of active addresses: 12,500
New addresses: 300 per day
Transaction volume: 500 million INJ per day
Net flows (Netflow): +60 million INJ (inflow)
Net flow of large holders (owning at least 0.1% of working capital): +15 million INJ
Exchange reserve: 150 million INJ
Taker buy/sell ratio: 1.5
Liquidity level: High
Addresses RECEIVE profit (in money): 75%
Addresses Breakeven (in money): 15%
Addresses WILL lose money (out of money): 10%
Inflow and outflow of smart money: Inflow of smart money increases
Network participation rates: High
Number of Staking Nodes: 2500
Token distribution: 50% for large holders, 50% for retail investors
Developer activity: Regular updates and improvements
Social activity and acceptance: High activity on social networks, the community actively supports the project.
đ Technical analysis of INJ chart
The price is moving in an ascending wedge with signs of accumulation in the $26.82 zone. A breakout of the upper boundary of the wedge can push the price to new highs. Current indicators indicate a likely continuation of the uptrend, especially with increased volumes and smart money inflows.
đ Forecast: Possible growth to the level of $53.07-$60.00 under favorable conditions.
đ Attention: If the price drops below $26.82, you should reconsider your strategy.
đ Developer activity and social activity
INJ developers are actively working on the project, regularly releasing updates and improvements. There is high activity on social networks, which contributes to the support and development of the community.
đ Overall picture: The INJ project demonstrates positive on-chain metrics and technical indicators, which may indicate a further increase in the value of the token while maintaining current trends.
âš I hope this analysis is useful!