Gains

<ul class="news-points"> 
 <li><strong>Crypto trader predicts Injective (INJ) will reach his $50 target soon.</strong></li> 
 <li><strong>INJ has rallied 500% since Mags’ initial prediction in May.</strong></li> 
 <li><strong>Injective’s INJ set a new ATH during the current rally that is nearly twice the previous ATH.</strong></li> 
</ul> 
<p>A cryptocurrency trader and analyst identified as Mags on X (formerly Twitter) has predicted that the price for <a href="https://coinedition.com/tag/injective-token-inj/">INJ, Injective</a>’s native crypto, will reach the $50 mark soon. Mags supported his prediction with a screenshot of a chart analysis he made long before the recent rally began.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$INJ</a> is unstoppable! Up +500% on Spot.<br><br>$50 soon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/eCk5iJogHD" target="_blank" rel="nofollow">https://t.co/eCk5iJogHD</a> <a href="https://t.co/JSvlOrdXxr" target="_blank" rel="nofollow">pic.twitter.com/JSvlOrdXxr</a></p>— Mags (@thescalpingpro) <a href="https://twitter.com/thescalpingpro/status/1737351700305039804?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 20, 2023</a>
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<p>Mags’ initial prediction was on May 28, when <a href="https://coinedition.com/injective-token-inj-price-prediction/">INJ’s price</a> attempted to break above a downward trendline. As of then, he posted the chart, using a curved arrow to show that INJ, which traded at $6.808, would break above the trendline and head towards $14, with a lower resistance at $11.697.</p> 
<p>The recent post by Mags showed that INJ surpassed the initially targeted $14 region and tested it multiple times before converting the level to significant support. After bouncing off the $14 support, INJ experienced an…</p>
<p>The post <a href="https://coinedition.com/inj-gains-500-in-7-months-analyst-predicts-the-price-to-reach-50/">INJ Gains 500% in 7 Months, Analyst Predicts The Price to Reach $50</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

INJ Gains 500% in 7 Months, Analyst Predicts The Price to Reach $50

Coin Edition

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