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INJ Hits 90-Day High as Bull Power Drives Price by Over 20%

Published 2023-02-01, 10:28 a/m
© Reuters. INJ Hits 90-Day High as Bull Power Drives Price by Over 20%

Coin Edition -

  • If the bullish trend continues, signs point to more gains for INJ soon.

  • INJ bulls’ relentless buying pressure pushes the price up by more than 20%.

  • According to a recent study, the INJ market is booming.

Throughout the day, cheerful optimism prevailed, with the Injective (INJ) market showing a firm hand. Due to the bulls’ dominance, the INJ price varied from $2.70 to $3.41 (support and resistance levels). As of this writing, the INJ price had risen to $3.30, reflecting a 21.64% boost.

Due to this positive trend, the market capitalization climbed by 21.56% to $241,106,391; nevertheless, the 24-hour trading volume decreased by 2.32% to $118,049,952.

This positive trend, along with a rise in market capitalization and a fall in 24-hour trading volume, implies that investors are purchasing Injective tokens to maintain value despite lower market liquidity.

The post INJ Hits 90-Day High as Bull Power Drives Price by Over 20% appeared first on Coin Edition.

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