#init The current price of Init coin (INIT) is around $0.827848 to $0.874008, with a 10.17% to 13.65% increase in the last 24 hours. Here's a detailed technical analysis:
*Key Price Levels:*
- *Support Level:* $0.784564 (24-hour low)
- *Resistance Level:* $0.936351 to $0.960872 (24-hour high and all-time high)
*Market Sentiment:*
- *Bullish Scenario:* Breakout above $0.960872 could lead to further price increases, targeting higher resistance levels.
- *Bearish Scenario:* Failure to break above resistance levels may lead to a pullback towards support levels ($0.784564).
*Trading Signals:*
- *Buy Signal:* Consider buying near support levels ($0.784564) with targets at $0.936351 or higher.
- *Sell Signal:* Enter a short position if INIT fails to break above resistance levels ($0.936351 or $0.960872) with targets at support levels.
*Market Data:*
- *Market Capitalization:* $130.22 million to $137.22 million USD
- *24-hour Trading Volume:* $254.77 million USD
- *Circulating Supply:* 148.75 million INIT coins
- *Maximum Supply:* 1 billion INIT coins
*Exchanges:*
Init coin can be traded on various exchanges, including:
- *Binance:* INIT/USDT and INIT/USDC pairs
- *Bybit:* INIT/USDT pair
- (link unavailable) INIT/USDT pair
- *KuCoin:* INIT/USDT pair
- *DigiFinex:* INIT/USDT pair
- *BingX:* INIT/USDT pair
- (link unavailable) INIT/USDT pair
Keep in mind that the cryptocurrency market is highly volatile, and prices may fluctuate rapidly. It's essential to monitor market trends and adjust your trading strategy accordingly ¹ ² ³.$INIT
