INIT
INIT
0.7136
+1.5%
Initia (INIT/USDT) 4-Hour Market Update – May 4, 2025
In the past four hours, Initia (INIT) has shown some sharp price swings against Tether (USDT). It’s currently priced at $0.7064, which is down 2.06% from the last close. The price hit a high of $0.7434 and a low of $0.6759 during this time.
This follows a strong 24-hour rally where INIT went up by about 5.37%, with trading volume more than doubling by 120%. The token now has a market cap of $30 million, making it one of the top trending interoperability projects.
Looking at the 4-hour chart, INIT seems to be moving sideways between $0.6759 (support) and $0.7434 (resistance). The RSI is getting close to the overbought zone, which could mean a short-term pullback. However, the MACD is showing signs of bullish momentum.
If the price breaks above $0.7434, we could see more gains. But if it falls below $0.6759, a bigger drop might follow. Traders should keep a close eye on these levels and manage risk carefully in this uncertain market.
#INIT
INIT
0.7136
+1.5%
Initia (INIT/USDT) 4-Hour Market Update – May 4, 2025
In the past four hours, Initia (INIT) has shown some sharp price swings against Tether (USDT). It’s currently priced at $0.7064, which is down 2.06% from the last close. The price hit a high of $0.7434 and a low of $0.6759 during this time.
This follows a strong 24-hour rally where INIT went up by about 5.37%, with trading volume more than doubling by 120%. The token now has a market cap of $30 million, making it one of the top trending interoperability projects.
Looking at the 4-hour chart, INIT seems to be moving sideways between $0.6759 (support) and $0.7434 (resistance). The RSI is getting close to the overbought zone, which could mean a short-term pullback. However, the MACD is showing signs of bullish momentum.
If the price breaks above $0.7434, we could see more gains. But if it falls below $0.6759, a bigger drop might follow. Traders should keep a close eye on these levels and manage risk carefully in this uncertain market.
#INIT
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INIT
0.7612
+8.93%
