Massive roller coaster ride for Inj, but $ 9 remains, what comes next? (Injective price analysis)

Massive roller coaster ride for Inj, but $ 9 remains, what comes next? (Injective price analysis)

Injective has been in a bull market since January and the course has not looked back since then.

Important support levels: $ 6

Important resistance levels: $ 10

Injective has experienced an amazing rally in the past four months and has increased by over 600 % or $ 1.3 to $ 8. The price does not seem to take breaks because the bulls are determined to bring it to $ 10, where the key resistance is waiting. The current support is $ 6.

Diagram of TradingView

trade volume: The purchase volume has been high and sustainable since January. This explains the quick increase in the price.

rsi : The day-RSI is just under 70 points. The RSI has been around this level since January. As long as it stays here, the tendency remains bullish.

macd : The daily MacD curves up and could soon make an interest bullish cross that could increase the price to $ 10.

Diagram of Tradingview

bias

The tendency for inj is bullish.

Short-term forecast for the ADA Prize

The interest bully momentum could stop. But it would be crucial to see how the cryptocurrency will develop if it succeeds in achieving the important resistance at $ 10.

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