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Inj

Injective Protocol / BNBThis may not appear to be the best looking chart, but fundamentally it's a great idea. Injective Protocol (INJ) had a lot of success early on, as it offers a service to the blockchain industry as a whole. Its value is in its technology. Where impossible before, a decentralized exchange can now properly document liquidity of assets, and we can get a more accurate reading of prices per DEX now. Cross Chain Dex became a reality shortly after. INJ has a lot to offer in the derivatives field too. So what's with the chart? BNB is the more famous of the two, as Binance Smart Chain smartly both laid out their marketing campaign, and attacked Ethereums high gas fees, drawing global attention. 2 things are about to happen that will help shape this trade: 1) Ethereums gas fees will reduce as Ethereum implements their controversial restrictions on earning specific mining fees, which actually benefits the traders in this case. This will draw some traders away from BNB back to Ethereum as they chase their gains. 2) Injective Protocol is going to release their Mainnet. INJ has been hovering around the $12 USD mark after blasting up to $20 from $0.67. This represents a temporary profit taking, and will be traded again at high velocity. Fundamentally, I am behind this trade.
Long
by Shwayze
2
[40%] INJ /USDT (LONG)The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed. The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem. Analysis : - We still in the canal - hidden bullish divergence (RSI) - Buy Zone : 14.5$ - 15$
Long
by HolderYoda
INJUSDTHello to you all. Mars Signals team wishes you high profits at all times. As you can see there is a high pressure by the buyers and the price intends to go out of its channel. Our first scenario would be that if it can not break its trend line, the price would fall inside the bullish triangle. The next scenario would be that if can break its triangle, it will first make a pullback to its trend line and then resume its uptrend. The third scenario would be that it will resume its uptrend after some ranging inside the triangle. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
Injective Protocol $INJ to Breakout Soon 🔥Following on from it's previous breakout hitting an ATH of $11.19, I have taken another look and can see INJ is following a trendline that it has used as support since 11th January. If you look at the previous wedge breakout, INJ is repeating the same pattern, but this time on a much larger scale. With this in mind, I expect INJ have another massive breakout within the next 12 hours, first target being $10 and then reaching a potential high of up to $12.
Long
by misterkaye