Price Analysis View Non-AMP

Injective Price Analysis: INJ Price Holds Key Support at $13: Is a Rebound Toward $15 Brewing?

Published by
Sahana Vibhute

Injective (INJ) price is currently consolidating near the $13.20 level after a recent pullback from its local highs. The price action shows signs of stabilization, with bulls reclaiming momentum for a potential move toward the $14.80–$15.20 range. However, if the current support fails to hold, a drop back toward the $12.00–$12.30 zone remains likely. Will the INJ price build enough strength to break higher, or is a deeper retracement back to earlier levels on the cards?

The token is trading around the $13 mark, supported by strong fundamental momentum. Institutional staking provider BitGo’s addition to the validator set bolstered network security, instilling confidence during a key correction phase. Before that, Injective’s EVM testnet launch and integrations with Google Cloud and Deutsche Telekom triggered a ~15% rally. This drove increased developer activity and investor interest. 

While no major updates have emerged in the last 48 hours, these catalysts continue to anchor INJ’s resilience, setting the stage for a closer look at its current technical setup.

The current price action of Injective shows the token being confined within an ascending triangle. The recent rebound before hitting the ascending support suggests that the bulls hold significant dominance. Moreover, the 50/200-day MAs are about to undergo a bullish crossover along with the MACD, which is showing a drop in the selling pressure. These indicate that the price could maintain an ascending consolidation and reach the resistance threshold between $15.79 and $16.25. Meanwhile, the drop in the inflow of money could raise some concerns. 

The Chainkin Money Flow (CMF) is dipping and has dropped from 0.23 to 0, indicating a drop in the money flow. However, the levels are printing consecutive higher highs and lows, which suggests a rebound could be on the horizon. Therefore, the Injective (INJ) price is believed to maintain a strong ascending trend and enter the crucial resistance zone anytime in the next couple of days. Once the price surpasses the zone, reaching above $20 may not be a tedious job for the INJ price rally. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Pi Network Whale Scoops 331M Coins from OKX and Gate.io

Pi Coin has been in a slump, dropping nearly 70% since May, even as other…

August 4, 2025

Fact Check: Is McDonald’s Accepting XRP Payments Now?

The crypto community loves big headlines especially when they hint at mainstream adoption. Over the…

August 4, 2025

Stablecoin Supply Surges by $61 Billion in 2025

The global stablecoin market, featuring major cryptocurrencies such as USDT, USDC, and PYUSD, has expanded…

August 4, 2025

Sequans Purchases 85 More Bitcoin, Raising Its Total Holdings to 3,157 BTC

Sequans has expanded its Bitcoin portfolio by acquiring an additional 85 BTC for roughly $10…

August 4, 2025

H100 Secures $2.2 Million to Expand Its Bitcoin Investments

Swedish public company H100 has successfully raised $2.2 million to further expand its Bitcoin portfolio.…

August 4, 2025

Ripple XRP Price Prediction 2025, 2026-2030: Will XRP Reach $5?

Story Highlights Live XRP Price Predictions suggest XRP could reach $5.05 by the end of…

August 4, 2025