CandleFocus INJ Price On The Cusp of Breakout: Crypto Analysts See Upside
2024-09-18
Author: Content Editor
Injective (INJ) crypto is trading close to the declining trendline barrier of its channel, near $20. It has been facing resistance at the upper region of the channel for the past three months. Analysts suggest that a breakout is imminent and monitoring the token's moves is ideal. A close above $20 could trigger an upbeat swing, and the altcoin is in a falling wedge pattern, indicating a bullish reversal pattern. Despite mixed cues in the market, a daily close above $20 would validate the breakout and could lead to a surge toward $22 and $25.
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