Injective

Coin

<ul class="news-points"> 
 <li>The price of INJ jumped by more than 1% in the past hour alone, adding to its positive price performance over the past few days.</li> 
 <li>An hourly candle close above $17.380 could give INJ the foundation needed to continue to climb.</li> 
 <li>At press time, INJ was worth $17.50 after it was able to set a 24 hour high price of $17.92.</li> 
</ul> 
The price of <a href="https://coinedition.com/tag/injective-token-inj/">Injective (INJ)</a> jumped more than 1% over just the past hour alone, which added to the altcoin’s positive 24-hour performance. CoinMarketCap indicated that INJ’s price rose by over 7% in the past 24 hours of trading. This meant that the altcoin was trading hands at $17.50 after setting a 24-hour high price of $17.92. 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/wDtjb3JQRTxPgGwtY86s5cQafu9A0REyWtbWHpWJ-lPzvC7FCpLAkBSdp9qwwsP3bb8b0bWfJl2IXjmhsiGOqqqO1sxjFoR9hD0tsfBh2R_CN2Fh_T-WU-usGvgTctW4JI9U4ZVxEwOtMmHUCHndZjo" alt="" style="aspect-ratio:2.5974025974025974;width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 1-hour chart for INJ/USDT (Source: <a href="https://www.tradingview.com/x/4NE2RigN/" target="_blank" rel="nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div> 
Looking at the 1-hour timeframe, INJ was able to escape a negative price channel that had formed on its hourly chart. Over the past hour, INJ’s price jumped to a high of $17.547 to trade above the major $17.380 resistance level. However, traders quickly forced the altcoin’s price back down to its current level. 
Nevertheless, an hourly candle close above $17.380 could give INJ the foundation needed to continue to climb in the following few hours. In this bullish s…
The post <a href="https://coinedition.com/injective-inj-climbs-over-1-in-1h-now-up-120-since-last-month/">Injective (INJ) Climbs Over 1% In 1H, Now Up 120% Since Last Month</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Injective (INJ) Climbs Over 1% In 1H, Now Up 120% Since Last Month

Coin Edition

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