bullish

2024

Injective

Sherpa

<p>According to analysis shared by crypto analysts Altcoin Sherpa and CryptoBull_360, <a href="https://captainaltcoin.com/injectives-bullish-momentum-hangs-in-the-balance-this-pivotal-resistance-could-determine-inj-price-fate/" target="_blank">Injective (INJ)</a> and AAVE are experiencing notable price trends. INJ remains in a bearish phase, while AAVE shows signs of a bullish reversal.&nbsp;</p> 
<p>These insights were revealed through their respective tweets, which analyzed the current market conditions for both tokens.</p> 
<h2 class="wp-block-heading" id="strong-inj-struggles-with-bearish-momentum-strong"><strong>INJ Struggles with Bearish Momentum</strong></h2> 
<p>Altcoin Sherpa’s analysis of INJ paints a bleak picture, citing lower highs and the <a href="https://coinmarketcap.com/currencies/injective/" target="_blank">price trading</a> below key Exponential Moving Averages.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <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> I think that the chart is still bearish overall and I don't see an end to that quite yet. Lower highs across the board. Should bounce *somewhere* but I don't know where the real bottom is. Personally I doubt it reaches former ATH this cycle but I could be wrong <a href="https://t.co/R9j7XC8GDc" target="_blank" rel="nofollow">https://t.co/R9j7XC8GDc</a> <a href="https://t.co/505agAKWv6" target="_blank" rel="nofollow">pic.twitter.com/505agAKWv6</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1830927648781934887?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The pattern of lower highs suggests continuous selling pressure, making it difficult for INJ to break above past peaks. The price still trades below the 50, 100, and 200 EMAs, which supports the negative trend.</p> 
<p>Although a potential support zone has emerged where buyers could enter, Altcoin Sherpa remains uncertain about where the genuine bottom is. He also expresses doubt about INJ reaching its previous ATH in this cycle.&nbsp;</p> 
<p>As the token approaches the support level, an increase in volume could suggest a temporary bounce, but the overall market sentiment remains bearish.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://doge2014.io" target="_blank" rel="nofollow">Doge2014</a></strong> raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="nofollow">exclusive airdrop</a></strong>!</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>
   </div>
  </div> 
 </div>
</div> 
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/this-xrp-pattern-could-send-price-to-new-ath/" target="_blank"><strong><em>This XRP Pattern Could Send Price To New ATH</em></strong></a></p> 
<h2 class="wp-block-heading" id="strong-aave-shows-bullish-potential-after-key-support-bounce-strong"><strong>AAVE Shows Bullish Potential After Key Support Bounce</strong></h2> 
<p>In contrast, CryptoBull_360’s analysis of <a href="https://ambcrypto.com/can-aave-reach-450-yes-but-there-are-major-conditions/" target="_blank">AAVE suggests a bullish outlook,</a> supported by a harmonic pattern forming on the chart. AAVE has experienced multiple retests of a key support zone around the $115-$120 range.&nbsp;</p> 
<p>The analyst anticipates a potential 30%-40% upside from this level, with targets set between $150 and $160. The rising volume at support indicates that buyers are accumulating AAVE, reinforcing the possibility of a bullish breakout.&nbsp;</p> 
<p>The harmonic pattern, combined with increasing volume, further strengthens the case for an upward move. However, CryptoBull_360 cautions that the bullish momentum must be sustained for the token to achieve the predicted price rise.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/AAVE?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#AAVE</a> bulls getting stronger after major retest &amp; bounce off from the support since last days, Expecting 30%-40% throwback from this zone, Volume rising as good momentum, Keep an eye on<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$AAVE</a> <a href="https://twitter.com/hashtag/AAVEUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#AAVEUSDT</a> <a href="https://t.co/6jQkrgly6K" target="_blank" rel="nofollow">pic.twitter.com/6jQkrgly6K</a></p>— CryptoBull_360 (@CryptoBull_360) <a href="https://twitter.com/CryptoBull_360/status/1831219160631927271?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="strong-key-takeaways-from-analysts-predictions-strong"><strong>Key Takeaways from Analysts’ Predictions</strong></h2> 
<p>Both analysts agree that while INJ may see temporary bounces, its overall bearish structure remains intact. On the other hand, AAVE is positioned for a possible bullish reversal, contingent on continued buyer interest and support holding firm.&nbsp;</p> 
<p>These contrasting trends highlight the divergent market conditions for the two tokens.</p> 
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noreferrer noopener nofollow">FREE Telegram group.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-nofollow-sponsored-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     <strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank">Take 2 mins to learn more</a></strong>
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/injective-inj-faces-continued-bearish-trend-aaves-price-sees-potential-bullish-reversal-experts-analysis/">Injective (INJ) Faces Continued Bearish Trend, AAVE’s Price Sees Potential Bullish Reversal: Experts’ Analysis</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Injective (INJ) Faces Continued Bearish Trend, AAVE’s Price Sees Potential Bullish Reversal: Experts’ Analysis

Table of Contents

CaptainAltcoin

Other articles published on Sep 4, 2024

Top 3 TOKEN UNLOCKS to Watch This Week

Rosa Inu Price Prediction: ROSA Plunges 9%, But This PEPE 2.0 Presale Goes Ballistic With Almost ...

Immutable And Portal Join Hands To Bring NFT Games To The Masses

Samsung Next Invests in Startale Labs to Support Soneium

BabyDoge Renounces Token Contracts on Ethereum and BNB Chain

Sam Altman Leads $10 Million Initiative for U.S. AI Infrastructure

Join our free newsletter for daily crypto updates!