Injective

<ul><li>Professor Astrones forecasts INJ to reach $75 by Q1 2024, identifying a bullish flag pattern in recent market trends.</li><li>INJ shows a pennant formation at a crucial breakout point, indicating potential bullish movements in upcoming trading sessions.</li><li>Despite a slight dip to $35.73, INJ maintains a strong trading volume of over $217 million, highlighting investor interest.</li></ul><a href="https://cryptotale.org/analyst-anticipates-injs-bullish-surge-injective-protocol-eyes-triple-digit-value/" rel="noopener noreferrer nofollow">Injective Protocol (INJ)</a> recent market trajectory has sparked interest among investors. In a tweet update, Professor Astrones, a crypto analyst, pinpoints a clear bullish flag pattern, forecasting a notable price surge for INJ. As per his analysis, INJ boasts ambitious targets of $75 in Q1 2024 and $250 before 2025. His confidence is palpable as he anticipates the token reaching triple digits soon.This bullish flag pattern, a classic indicator of bullish continuation, is evident in the INJ/USDT chart analysis by Professor Astrones. Initially, there&#39;s a strong upward price movement, creating the flagpole. This is followed by a period of consolidation, forming what resembles a flag. However, the consolidation in INJ&#39;s case appears more like a pennant, another bullish indicator.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/405c132ec7374bc6ba2c45728910e3c4.png" />At the current juncture, INJ&#39;s price is at a crucial point. It hovers at the apex of the pennant formation, a typical breakout zone. Traders keenly watch this space as a breakout above the upper trendline signals a <a href="https://cryptotale.org/?s&#61;bullish" rel="noopener noreferrer nofollow">bullish</a> move. Conversely, a drop below the lower trendline could suggest bearish trends.Read full article at <a href="https://cryptotale.org/injective-protocol-inj-eyes-major-breakout-targets-75-and-250/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Injective Protocol (INJ) Eyes Major Breakout, Targets $75 and $250

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