Analysis of Initia Coin (INIT) | A Promising Investment Opportunity?
The Initia Coin (INIT) has seen a slight decline in the past hours, currently trading near the $0.78 level after reaching its all-time high of $0.953 on April 25, 2025.
Quick Technical Analysis:
Current strong support: $0.75 - $0.77.
Upcoming resistance: $0.85 - $0.90.
The RSI indicator suggests that INIT is approaching the oversold area, which may support a price rebound soon.
Good trading volume over the past 24 hours, enhancing liquidity and interest in the project.
Future Outlook:
Analysts' forecasts suggest that INIT could reach $1.14 by May 2025.
In the long term, there is optimism for it to reach levels exceeding $3.5 by the end of 2025.