Key Takeaways
- Injective protocol (INJ) breakout of its downtrend rally as price trades above key support region.
- The injective protocol’s community, strategic partnerships, and use case give it a $100 price advantage in 2025 price prediction.
- INJ trades above 50-day and 200-day EMA as bulls dominate its price ahead of its rally.
| Token Name | Injective Protocol (INJ) |
|---|---|
| Current Price | $26 |
| Market Capitalization | $2.58B |
| Total Circulating Supply | 97.98M INJ |
| Daily Support | $24 |
| Weekly Support | $19.5 |
| 1 Year Performance | -32% |
Injective protocol (INJ) is beginning to make the headlines, trending higher in price as it announced a tokenized GPU marketplace for AI computing. This was seen as fundamental news that could affect its price positively, as the price rallied by over 30% in the last few days.
Injective protocol (INJ) has remained a strong crypto project in the past few months and during the thick of the bear market as it outperformed many crypto assets, rallying from a region of $2 to a high of over $50 as the price was faced with sell-off by bears towards a region of $17.5 as price has shown strong uptrend rally in the last few days.
With the price of IJN having flipped its resistance to support trading above $25, what will be the price of INJ in the coming days and weeks? Crypto analysts speculate that the price could trend above $50.
INJ Market Sentiment And Expert INJ Coin Price Prediction
Source – AndrewCrypto INJ Price Prediction From X
AndrewCrypto, a crypto analyst on X, shared his sentiment on his timeline, stating that the price of INJ has shown strong strength on the weekly timeframe. He expects the price to hold strong, rallying to a high of $33, flipping its resistance region to support, and then to a new high of above $90.
The price of Injective protocol (INJ) has played out similarly as it has regained its price above $25, facing minor resistance around $35. A break and close above this region could see INJ move swiftly above its previous all-time high of $52 as the price could target a region of $100.
Injective Protocol Price Prediction 2025 – How High Can An INJ Coin Go?
The price of INJ has demonstrated strong price action in previous years, rallying by over 2,300% from its low of $0.2 as price hopes to continue in its impressive rally with strong community and strategic partnership acting as catalysts for this crypto token.
With its use case, crypto analysts and platforms believe the price of INJ has the potential to rally to a high of $90 to $100 in the coming months, as it still has much room for growth.
INJ Price Prediction Today
Source – Injective Protocol (INJ) Price Chart
The injective protocol (INJ) 3.0 proposal release has gained much attention following the INJ price jumping by over 10% in the past 24 hours. There is much bullish indication that 2025 is going to be a promising start for INJ.
The current price of the INJ token is above $26, trading above its 50-day and 200-day EMAs (Exponential Moving Averages), indicating strong bullish price action for INJ as the price could continue its strong rally to a high of $35 to $50 in the coming days or weeks.
For today INJ has the potential to rally as high as $28 to $30.
Key INJ Support – $22
Key INJ Resistance – $35 and $52
