With an increase of almost 60 percent in four days, will Injective Protocol (INJ) continue to make a name for itself in the crypto market?
In light of Bitcoin’s hold above $30,000, huge rises have been observed in many altcoins. Among these altcoins, INJ was the most prominent. INJ, which has experienced an increase of 59.21 percent in three of four days, really feels bull. Will the altcoin, which tried the $ 8.96 levels as of yesterday, continue to delight its investors? We have compiled a chart analysis of INJ, one of the coins that have experienced the strongest bull market.
Injective Protocol (INJ) Graphical Analysis
Reaching the level of $ 8.96 with the enthusiasm it created from the monthly opening price, INJ added a value close to 60 percent in a short time. Exceeding the $ 7 levels, in particular, paved the way for sharp rises. When we look at the current chart, it is of great importance that the $ 8.96 level is exceeded in order for the rises on the INJ side to continue. Once this level is exceeded, stronger bull sounds will be heard on the INJ side. In bearish scenarios, it is critical to maintain the levels of $7.84, $7.00 and $6.35, respectively.
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