RPubens

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

Long
BINANCE:INJUSD   INJ / US Dollar (calculated by TradingView)
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.

Comments

Wish I saw this a few days ago. Looks like I missed my entry at 10.90 and not looking like an opportunity like that is going to come back into play. So frustrating.
Reply
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