Token

Rally

The Graph

Coin

<p>According to the <a href="https://twitter.com/CryptoJelleNL/status/1768911373805703446?t=P7bYdNBd6sF20JnwjLuf3Q&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">crypto analyst CryptoJelleNL</a>, Injective’s native token INJ is primed for a major price rally after breaking out of an 80-day accumulation range and successfully retesting it. In a tweet, CryptoJelleNL stated: “$INJ broke out of the 80-day accumulation range &amp; successfully retested it. Looks ripe for higher, much higher. Send it.”</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="896" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-896x1024.png" alt="" class="wp-image-453562" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-896x1024.png 896w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-263x300.png 263w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-768x877.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-1344x1536.png 1344w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-1793x2048.png 1793w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-131x150.png 131w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-100x114.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-306x350.png 306w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696-788x900.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-696.png 828w" sizes="(max-width: 896px) 100vw, 896px">
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<p>Corroborating this bullish outlook is an analysis from altFINS, which highlights several technical factors suggesting INJ’s uptrend could gain significant momentum. According to altFINS, INJ’s price is currently in an uptrend across short, medium, and long-term time frames, with bullish momentum confirmed by the MACD and RSI indicators.</p>
<p>Specifically, altFINS’ trade setup outlines that following a bullish breakout from a descending triangle pattern, INJ breached the $50 resistance level and could potentially revisit $60 next, representing around 20% upside from its current price of $47. A stop-loss level is suggested at $46, just below the previous resistance-turned-support zone around $45-$46.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-1024x573.png" alt="" class="wp-image-453570" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-768x430.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-697.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>For context, a descending triangle is a bearish continuation pattern that forms during a downtrend as the asset makes lower highs but finds support at a horizontal level. A breakout above the triangle’s upper trendline is considered a bullish signal that the downtrend could reverse into an uptrend.</p>
<p>Based on altFINS’ analysis, the nearest support zone for INJ is around $45, which has flipped from previous resistance into a support level. Below that, the $30 level is identified as another key buy zone for bulls defending INJ’s uptrend.</p>
<p>Overall, the combination of breaking out of an accumulation range, a successful retest of that range, and a bullish technical pattern suggests INJ’s uptrend could accelerate further if it can firmly establish $50 as support. Crypto traders and analysts will likely keep a close watch on INJ’s price action around the $60 resistance level for confirmation of continued upside momentum.</p>
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<p>The post <a href="https://captainaltcoin.com/injectives-inj-token-looks-ripe-for-significant-rally-after-successful-breakout-and-retest-here-are-key-prices-to-watch/" rel="noopener noreferrer nofollow">Injective’s INJ Token ‘Looks Ripe’ For Significant Rally After Successful Breakout and Retest, Here Are Key Prices to Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Injective’s INJ Token ‘Looks Ripe’ For Significant Rally After Successful Breakout and Retest, Here Are Key Prices to Watch

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