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INJUSD Futures Contract (Perpetual)INJUSD Futures Contract (Perpetual)INJUSD Futures Contract (Perpetual)

INJUSD Futures Contract (Perpetual)

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INJUSD.P trade ideas

Is Injective Protocol a MUST-HAVE in your altcoin portfolio?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.
BINANCE:INJUSDLong
by Pill_z
1
INJ - Injective ProtocolAs Ethereum and Polkadot are two of the giants in the layer-1 space today, the opportunities for cross-chain derivatives DEX are truly limitless. Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Think $BNB, $FTT but in a niche DeFi context. Looking to re-enter the parallel channel within 2weeks, $7.50 target. Long term hold.
BINANCE:INJUSDLong
by Vincent68
18
Injective Protocol - TargetsInjective Protocol might be accumulating to get ready for a significant increase. We have watched this coin since .67 all the way to over $4.00. Recently we saw a rise and fall down to the 50% fib ratio (again), and I believe this 3rd wave will play similar to the previous rises. We are looking at (for starters) hitting $5.50 - $6.57, We should see some resistance in this area and I believe people will be cashing out. This should generate enough interest in the project for more wallets to be created simultaneously, which is why I think we could be hitting the $8-$10 range within a month or so. This all depends on NEWS, this is in price discovery, and traditional analysis does not always apply (unless someone is heavily manipulating it).
BINANCE:INJUSDLong
by Shwayze
2