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Injective Price (INJ) is Near an All-time High; What’s Next?

  • The Injective price has surged by 150% in the past month.
  • The Injective trading volume has increased by 60% in the last 24 hours.

In the initial few months of 2023, the Injective (INJ) price was in a consolidation phase. But in October, the INJ price gave a breakout and managed to sustain over the $9 mark and rose by 60% in a week. 

Again in November, the INJ price underwent a consolidation phase. The INJ coin price jumped by 100% in a few weeks with good volume in the mid-December.

Explore short and medium-term price predictions of INJ and analyze the long-term price forecast for 2024-2030 and beyond.

Current Price – $37.82 (-4.77%) Price Prediction – $31.30 (-17.40%)

Market cap – $3.16 billion Fear & Greed Index – 71 (greed)

Volume – $238 million Green Days – 17/30 (57%)

Sentiment – Bullish RSI – 58.45

Volatility – 29.19% 200-day EMA – $15.72

According to the given data for Injecteve, the INJ price will fall by 17.40% to reach $31.30. The fear & greed index is 71 (greed) and the volatility is 29.19%. The Injective price has remained bullish for 17 days in the last 30 days, which indicates the bullish momentum.

Injective Price Prediction For 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Year Yearly LowYearly High
2024$37.25$52.77
2025$47.30$89.12
2026$48.55$58.72
2027$49.31$73.34
2028$66.93$75.61
2029$72.22$136.12
2030$76.92$97.36

The Injective token price is predicted to reach $37.25 for the lower end and it may reach $52.77 if goes for the upper target by next year. Based on the historical movement of INJ, here is the price prediction for each year till 2030.

Injective Price Prediction 2025

BINANCE: INJ/USD 1-Day Chart By TradingView

According to our technical analysis, the INJ price will range between $47.30 at the lower level and $89.12 at the higher level by 2025. 

The INJ coin price has been in an uptrend and rising by taking pullbacks. Currently, the price is taking a pullback. If the price manages to surpass the last swing high, an uptrend can be predicted.

On the other hand, if the INJ price slips below $34 and sustains, then profit booking can be seen which may result in a downtrend.

Technical Indicators

RSI is declining from the overbought zone, which indicates the bearish momentum. The Volume has been decreasing since mid-December which suggests that a sudden fall can be seen. 

Injective Price Forecast Based on Technical Analysis

The INJ price prediction sentiment is bullish with 26 technical indicators signaling a bullish signal and 7 signaling a bearish signal. As per this data, the Injective price will gain bullish momentum further.

Injective Price Prediction For Tomorrow and Next Week

Date Price Change
Jan 03, 2024$40.220.00%
Jan 04, 2024$41.453.06%
Jan 05, 2024$41.733.74%
Jan 06, 2024$40.620.99%
Jan 07, 2024$39.44-1.94%
Jan 08, 2024$40.851.57%
Jan 09, 2024$42.986.86%

Here is the INJ coin price prediction for a week by analyzing the last 30 days. According to our analysis, the Injective price will gain 6.86% to reach $42.98 by January 09, 2024. For this week, the INJ price will remain bullish.

INJUSDT Technical Analysis

As per this graph, the Injective price may remain bullish. The Oscillators are indicating bearish momentum while the moving averages are favoring bullish momentum.

On the daily time frame, the Injective coin price suggests buying momentum. Here bulls are in control and may lift the price further.

Injective Price Prediction FAQs

What is the INJ price prediction today?

Based on our technical analysis, the INJ price will gain 0.00% to reach $37.70 by today.

What is the INJ price prediction tomorrow?

The INJ price will gain 6.74% to reach $40.22 by tomorrow.

What is the INJ price prediction for 2024?

The Injective price is predicted to gain 40.88% to reach 502.74 by the end of 2024.

Will the INJ price reach $100?

The Injective price needs to gain 164.50% to reach $100. Based on our analysis, the price will hit $100 by January 2028.

Will the Injective price reach $1000?

The INJ price would gain 1,645.00% to reach $1000. According to our algorithm, the price will reach $1000 by July 2038.

Will the INJ price reach $10,000?

The INJ price needs to gain 16,450.00% to reach $10,000. Based on our analysis, the price will hit $10,000 by September 2055.

Conclusion

Injective coin price has been in a strong bullish momentum. Most of the technical indicators are signaling bullish signals. The INJ price is trading over the significant moving average which showcases a bullish trend.

Technical levels

Resistance: $40 & $44

Support: $29 & $19

Disclaimer

Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.

Nancy J. Allen: Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.