Injective

Kaspa

$INJ and $KAS are top altcoins, with $INJ’s market cap at $3.3 billion and $KAS close at $3.2 billion. Both have been moving sideways since late 2023<h2 id="header-0">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" />The longer this period of gathering lasts, the bigger the potential upward move could be if and when it happens.Analyzing $INJ’s Potential BreakoutThe <a href="https://cryptosheadlines.com/upcoming-token-unlocks-for-31-altcoins-revealed-check-out-the-daily-schedule/" rel="noopener noreferrer nofollow">daily chart for $INJ reveals</a> it’s currently within a rising channel, with the price fluctuating within a wide range from $30 at the bottom to $45 at the top.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines002-30.png?resize&#61;640%2C471&amp;ssl&#61;1" />Source: Coingecko/Trading View$INJ initially reached the channel’s <a href="https://cryptosheadlines.com/top-5-altcoins-to-watch-in-december/" rel="noopener noreferrer nofollow">top and the range’s upper limit on December</a> 24, 2023. Since then, it has been moving sideways. After more than three months of this pattern, if $INJ manages to break out upwards, the resulting price action could be significant.<h2 id="header-1">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" />Should $INJ achieve another all-time high, the <a href="https://cryptosheadlines.com/xrps-potential-as-the-next-bitcoin-ripple-ceo-on-solving-trillion-dollar-problem/" rel="noopener noreferrer nofollow">next potential</a> targets, according to Fibonacci levels, would be $63, $84, and $102.<h3 id="strong-analyzing-kas-s-price-range-and-potential-breakout-strong">Analyzing $KAS’s Price Range and Potential Breakout</h3>$KAS is within an even larger range compared to $INJ, which has been developing since November 19, 2022. There are four distinct levels within this range, with the bottom at $0.09 and the top estimated at $0.15, although the price briefly surpassed this range from mid-February to mid-March, reaching as high as $0.175.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/03/cryptosheadlines003-28.png?resize&#61;640%2C471&amp;ssl&#61;1" />Source: Coingecko/Trading ViewSimilar to $INJ, it can also be argued that $KAS is within a rising channel. However, there are only two touch points for the top of this channel so far, but if the <a href="https://cryptosheadlines.com/bitcoin-price-predicted-to-reach-280000-next-year-hedge-fund-manager/" rel="noopener noreferrer nofollow">price manages to reach</a> this level, it would confirm the channel.<a href="https://cryptosheadlines.com/polkadot-launches-pink-memecoin/" rel="noopener noreferrer nofollow">Also Read: Polkadot Launches PINK Memecoin</a>For both $INJ and $KAS, breaking the top of their rising channels would indicate extremely <a href="https://cryptosheadlines.com/render-token-surges-as-bullish-sentiment-dominates/" rel="noopener noreferrer nofollow">bullish sentiment</a>, as well as breaking out of their respective price ranges. Given their previous explosive upside moves, this period of sideways consolidation likely prepares them for the next upward movements.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Injective Protocol (INJ) and Kaspa (KAS) Poised for Big Changes

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