Injective

<ul><li>Injective (INJ) bulls rebound to new 52-week high despite intra-day dip.</li><li>MACD crossing suggests possible buying opportunities in the INJ market.</li><li>Caution is advised as the INJ market may be overbought and indecisive.</li></ul>Despite being optimistic at the start of the day, <a href="https://coinedition.com/tag/injective-token-inj/" rel="noopener noreferrer nofollow">Injective (INJ)</a> bulls surrendered to the bear rule, which effectively retraced the price to an intra-day low of $8.48. Despite this pessimism, bulls quickly rallied, sending <a href="https://coinedition.com/injective-token-inj-price-prediction/" rel="noopener noreferrer nofollow">INJ’s price</a> to a new 52-week high of $9.6138 within hours. This positive trend persisted until press time, with INJ trading at $9.21, a 3.37% increase from its previous closing.If the positive trend in INJ continues and it breaks above the $9.6138 resistance level, the next possible price target might be around $10.50. However, if it fails to break through the resistance level, a reversal toward the $8.50 support level is possible.<a href="https://coinedition.com/inj-bulls-rally-as-price-hits-52-week-high-amid-market-volatility/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

INJ Bulls Rally as Price Hits 52-Week High Amid Market Volatility

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