Injective price
Injective ($INJ) has surged to $8.84, reflecting a daily gain of 5.7% as technical indicators, specifically the Relative Strength Index (RSI), hint at a recovery from oversold conditions. Despite this upward movement, the price remains below significant moving averages, indicating that further gains may depend on sustained market interest. The RSI suggests that the asset could experience a potential bounce, providing some optimism for traders following a period of declines. However, caution remains as the overall market sentiment continues to influence price actions and trends in the cryptocurrency sector. Investors are advised to monitor these indicators closely as they assess the potential for future price movements.
