Injective

XDC Network

Resistance

Status

Time

<ul> 
 <li><strong>Bullish INJ price prediction for 2024 is $46.87 to $90.77.</strong></li> 
 <li><strong>Injective (INJ) price might reach $100 soon.</strong></li> 
 <li><strong>Bearish (INJ) price prediction for 2024 is $9.83.</strong></li> 
</ul> 
<p>In this Injective (INJ) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030, we will analyze the price patterns of INJ by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Injective (INJ) Current Market Status</li>
      <li>What is Injective (INJ)?</li>
      <li>Injective (INJ) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INJECTIVE (INJ) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Injective (INJ) Support and Resistance Levels</li>
      <li>Injective (INJ) Price Prediction 2024 — RVOL, MA &amp; RSI</li>
      <li>Injective (INJ) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of INJ with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>INJECTIVE (INJ) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-injective-inj-current-market-status">Injective (INJ) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$19.12</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">5.64% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$203,941,091 </td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$1,784,546,349</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">93,400,000 INJ </td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$52.73 (On Mar 14, 2024) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.6557 (On Nov 03, 2020) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   INJ Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/injective/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-injective-inj">What is Injective (INJ)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>INJ</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Injective</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>PoW layer 1 blockchain</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>November 2021</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Injective Protocol (INJ) is a decentralized exchange (DEX) that provides cross-chain margin trading, derivatives, and currency futures trading. The Injective Protocol is a Layer 2 application developed on the Cosmos blockchain. The protocol uses cross-chain bridges to allow traders to access cryptocurrencies from platforms such as Ethereum and Polkadot.</p> 
<p><a href="https://thenewscrypto.com/injective-inj-token-skyrockets-with-massive-growth-in-2023/" target="_blank" rel="noreferrer noopener">Injective</a> Protocol, unlike other prominent decentralized exchanges like Uniswap or Bancor, does not use an automated market maker (AMM) algorithm to maintain liquidity. Instead, Injective utilizes the order book concept, which has been extensively adopted by centralized stock and cryptocurrency exchanges for many years. In this way, Injective hopes to combine the efficiency of traditional banking with the transparency of <a href="https://thenewscrypto.com/exchange-news/" target="_blank" rel="noreferrer noopener">decentralized exchanges</a>.</p> 
<p>Injective Exchange traders only pay regular market maker and taker fees using INJ coins, rather than network gas fees for each transaction. INJ coins also act as the platform’s governance token and staking mechanism, enabling Injective’s Proof of Stake-based <a href="https://thenewscrypto.com/blockchain-news/" target="_blank" rel="noreferrer noopener">blockchain</a> to function.</p> 
<h2 class="wp-block-heading" id="h-injective-24h-technicals">Injective 24H Technicals</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="378" src="https://thenewscrypto.com/wp-content/uploads/2024/07/image-37-1024x378.png" alt="" class="wp-image-102600" srcset="https://thenewscrypto.com/wp-content/uploads/2024/07/image-37-1024x378.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-37-300x111.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-37-768x283.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-37-1536x566.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-37.png 1782w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="injective-inj-price-prediction-2024">Injective (INJ) Price Prediction 2024</h2> 
<p>Injective (INJ) ranks 45th on CoinMarketCap in terms of its market capitalization. The overview of the Injective price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/Vr2tvBzX/" alt="">
 </figure>
</div> 
<p><em>INJ/USDT Horizontal Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Injective (INJ) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines.&nbsp;</p> 
<p>At the time of analysis, the price of Injective (INJ) was recorded at $19.12. If the pattern trend continues, then the price of INJ might reach the resistance levels of $24.75, $32.82 and 58.47. If the trend reverses, then the price of INJ may fall to the support of $18.46.</p> 
<h2 class="wp-block-heading" id="injective-inj-resistance-and-support-levels">Injective (INJ) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Injective (INJ) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/Gq3pGcKL/" alt="">
 </figure>
</div> 
<p><em>INJ/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Injective (INJ) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$46.87</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$90.77</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$19.15</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$9.83</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><em>INJ Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="injective-inj-price-prediction-2024-rvol-ma-and-rsi">Injective (INJ) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Injective (INJ) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/VMAIK7mm/" alt="">
 </figure>
</div> 
<p><em>INJ/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Injective (INJ) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average&nbsp;(50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $24.82Price = $23.60<br><em>(50MA &gt; Price)</em></td>
    <td>Bearish/Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index&nbsp;(RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>48.89<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Nearly Oversold</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak Volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="injective-inj-price-prediction-2024-adx-rvi">Injective (INJ) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Injective (INJ) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/tHNwI3BC/" alt="">
 </figure>
</div> 
<p><em>INJ/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Injective (INJ).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>12.09</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>49.39<br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low Volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-inj-with-btc-eth">Comparison of INJ with BTC, ETH</h2> 
<p>Let us now compare the price movements of Injective (INJ) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/BpbD4Irp/" alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs INJ Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/INJUSDT/"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of INJ is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of INJ decreases, if the price of BTC and ETH decreases, the price of INJ increases.</p> 
<h2 class="wp-block-heading" id="injective-inj-price-prediction-2025-2026-2030">Injective (INJ) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Injective (INJ) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2025</td>
    <td>$148</td>
    <td>$9.5</td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2026</td>
    <td>$153</td>
    <td>$9.2</td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2027</td>
    <td>$161</td>
    <td>$9</td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2028</td>
    <td>$174</td>
    <td>$8.8</td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2029</td>
    <td>$180</td>
    <td>$8.6</td>
   </tr>
   <tr>
    <td>Injective (INJ) Price Prediction 2030</td>
    <td>$185</td>
    <td>$8.4</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Injective (INJ) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Injective (INJ) price prediction for 2024 is $90.77 Comparatively, if unfavorable sentiment is triggered, the bearish Injective (INJ) price prediction for 2024 is $9.83. &nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Injective (INJ) might hit $100. Furthermore, with future upgrades and advancements in the Injective ecosystem, INJ might surpass its current all-time high (ATH) of $52.75 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Injective (INJ)?</h4> 
<p>Injective Protocol (INJ) is a decentralized exchange (DEX) that provides cross-chain margin trading, derivatives, and currency futures trading.</p> 
<h4 class="wp-block-heading">2. Where can you buy Injective (INJ)?</h4> 
<p>Traders can trade Injective (INJ) on the following cryptocurrency exchanges such as Binance, Bybit, OKX, Zedcex Exchange, and DigiFinex.</p> 
<h4 class="wp-block-heading">3. Will Injective (INJ) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Injective Platform, Injective (INJ) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Injective (INJ)?</h4> 
<p>Injective (INJ) hit its current all-time high (ATH) of $52.75 on March 14, 2024.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Injective (INJ)?</h4> 
<p>According to CoinMarketCap, INJ hit its all-time low (ATL) of $0.6557 on November 04, 2020.</p> 
<h4 class="wp-block-heading">6. Will Injective (INJ) hit $100?</h4> 
<p>If Injective (INJ) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $100&nbsp; soon.</p> 
<h4 class="wp-block-heading">7. What will be the Injective (INJ) price by 2025?</h4> 
<p>Injective (INJ) price might reach $148 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the Injective (INJ) price by 2026?</h4> 
<p>Injective (INJ) price might reach $153 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the Injective (INJ) price by 2027?</h4> 
<p>Injective (INJ) price might reach $161 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the Injective (INJ) price by 2028?</h4> 
<p>Injective (INJ) price might reach $174 by 2028.</p> 
<p><br><strong>Top Crypto Predictions</strong></p> 
<p><a href="https://thenewscrypto.com/chainlink-link-price-prediction/">Chainlink (LINK) Price Prediction 2024, 2025, 2026-2030</a></p> 
<p><a href="https://thenewscrypto.com/router-protocol-route-price-prediction/">Router Protocol (ROUTE) Price Prediction 2024, 2025, 2026-2030&nbsp;</a></p> 
<p><a href="https://thenewscrypto.com/hedera-hbar-price-prediction/">Hedera (HBAR) Price Prediction 2024, 2025, 2026-2030&nbsp;</a></p>  
<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Injective (INJ) Price Prediction 2024, 2025, 2026-2030

Table of Contents

TheNewsCrypto

Other articles published on Aug 4, 2023

Bitcoin Exchange Binance Announces Adding A New Altcoin Parity To Margin Transactions!

Canadian Bitcoin Ownership Declines to 9%: A Bank of Canada Study!

Bitcoin Report from Ark Invest! Is the Direction Determined in BTC?

Coinbase Asserts Confidence, Seeks Dismissal of SEC Lawsuit with Firm Legal Action

dYdX Chain Public Testnet to Sunset on August 7 and Relaunch on August 10

Shiba Inu (SHIB) Added as New Collateral Asset by Binance

Join our free newsletter for daily crypto updates!