🖖 #INJ/USDT - At the time of writing, Injective is trading at $40.17, compared to $35.02 just 72 hours ago. This has once again given hope to investors who have finally recovered from a 32% correction seen since mid-March. According to data from the analytical platform IntoTheBlock, the majority of #INJ holders are currently at breakeven and are expecting further price growth. Forecast: For INJ holders to be confident in continued growth, the asset must successfully break through and hold above the $41 mark. Once this happens, the altcoin will have a chance to develop a strong enough momentum to return to its historical high. However, if the breakout attempt fails, the price of #Injective may fall back to the nearest support at $35. Losing this level would invalidate the bullish scenario and send the token back to $31.
🤫 #WIF/USDT - The new meme coin Dogwifhat is making PEPE holders nervous. The total market capitalization of #WIF has exceeded $3 billion and is ready to surpass PEPE. The market capitalization of the first coin was $3.17 billion at the time of writing, while the capitalization of the second one was $3.36 billion. If WIF does surpass PEPE, the "dog" will get the 3rd spot in the ranking of the most capitalized meme coins, pushing the "frog" aside. Forecast: The price of Dogwifhat is currently $3.18 and is declining after failing to reach a new all-time high of $3.24 over the past 24 hours. If the bullish momentum picks up and WIF manages to surpass PEPE, the growth could continue. In this case, WIF could reach $3.50 and aim higher. On the other hand, if the current correction does not stop, the meme coin could drop to $2.73. This support line coincides with the 50-day exponential moving average (EMA), and its loss would result in abandoning the bullish scenario, potentially sending WIF to $2.50.
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