Price Analysis View Non-AMP

INJ Price Analysis: Exploring Short Entry Points Amidst Volatile Markets

Published by
Elena R

Injective (INJ), a promising layer one blockchain with around $20.8 million Total Value Locked (TVL), has been marked by notable price fluctuations since its market debut in October 2020. Recent crypto market data from TradingView reveals that INJ’s price has surged by an impressive 374 percent Year-to-Date (YTD), currently trading around $6.72 as of Tuesday.

Despite being a small-cap altcoin, INJ boasts a market capitalization of approximately $561 million and sees an average daily traded volume of roughly $27.5 million. This growth has occurred within a thriving smart contract ecosystem, coinciding with the mainstream adoption of blockchain technology.

Injective (INJ) Price Movement Analysis

According to respected U.S.-based crypto analyst Ali Charts, an intriguing opportunity for short entry has emerged for Injective (INJ), potentially yielding substantial gains in the coming weeks. Notably, the analyst argues that INJ’s price has consistently exhibited increased volatility whenever the 20-week Simple Moving Average (SMA) crosses above or below on the weekly timeframe.

Ali Charts posed the question, “With $INJ recently closing below the 20-week SMA, what scenarios do you anticipate?”

This suggestion aligns with prevailing sentiments in the cryptocurrency market, following Bitcoin and Ethereum’s inability to maintain crucial support levels.

The Injective (INJ) network has displayed remarkable resilience during cryptocurrency bear markets due to its distinctive features, notably its unlimited cross-chain spot and futures protocols. Beyond this, the Injective network stands out for its ability to achieve instant transaction finality, maintaining lightning-fast performance that accommodates over 10,000 transactions per second (TPS). This capability has contributed to the network’s notable growth and appeal within the blockchain landscape.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

Breaking: Ripple’s XRP Hits New ATH Following Successful Crypto Week

Ripple Labs-backed XRP rallied over 11 percent in the last 24 hours to hit a…

July 18, 2025

Crypto Bills Pass Final House Vote: GENIUS Act Headed to President Trump’s Desk

The United States House of Representatives has passed all three crypto bills—the Clarity Act, the…

July 18, 2025

Bit Origin Secures $500M to Launch Dogecoin Treasury: DOGE Price Aims Parabolic Rally Amid Network Growth

The Dogecoin (DOGE) network is gradually heating up with bullish activities following the recent Ethereum…

July 17, 2025

Top Crypto Coins Under $1 To Buy Today — Monster Altcoin Season Meets Bull Run

Altcoin giants under $1 are flashing breakout signals, backed by news, on-chain surges, and explosive…

July 17, 2025

Michael Saylor Reveals Bitcoin Secret as MSTR Surges 3,558%

Bitcoin believer and Strategy executive chairman Michael Saylor is back in the spotlight. In a…

July 17, 2025

Top 3 Meme Coins Crypto Whales Are Watching: Pepeto, PEPE, DOGE

Meme tokens continue to break expectations. Once dismissed as mere hype, they’re now being tracked…

July 17, 2025