RPubens

Is Injective Protocol a MUST-HAVE in your altcoin portfolio?

Long
Next to the $SNX, $INJ is probably the second strongest derivatives project.

Still at relatively small market cap of $136 million compared to SNX which is about 1.6 Billion $. Plenty of room to grow.

Backed by Binance and other well known investors, Layer 2 speed, unlimited markets (forex recently added) and zero gas fees.

  • 30D vs. USD - 203%

  • 30D vs. BTC - 98.62%

  • 30D vs. ETH - 43.7%


    Technical short term

    Bull flag
    0.5 Fibonacci support from the previous bull leg
    1h 50MA Support

    Short term targets: 12-16 while 15 being most likely.

    Not a trading advice.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.