Injective (INJ) price is trading with a bullish bias, outperforming many cryptocurrencies, including Bitcoin (BTC). The rally could continue but it al
A fair value gap acts as a magnet for asset prices. It represents an inefficiency that needs to be filled. As such, it is likely that Injective price will rise to fill the inefficiency, with the lower boundary of the FVG serving as the take profit level for conservative longs.
The Relative Strength Index is headed north, suggesting rising momentum, corroborated by the Awesome Oscillator, which is now positive after its histogram bags steadily maintained the green color transitioning from the negative into the positive territory.down below the $7.000 psychological level, marking a break below the previous day’s low. In the dire case, the slump could extend below the $6.601 support floor.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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