Injective (INJ) has increased by a solid +40% over the past 4 weeks 🚀. It seems the token got tired of sitting in the corner of the chart and decided to show some character 😎
According to ZAYK Charts, $INJ spent the entire last year in the "descending channel of sadness," where every rise was immediately suffocated by bears 🐻. But now the price has broken above the upper boundary of the channel.
If INJ can hold above the key resistance that it has finally broken through, we can expect the party to continue 🍾. And if everything goes according to plan, the next checkpoint could be the $18 zone 💰 — that's almost +82% from the current $10.
So, maybe Injective is not just coming back to life, but is preparing to jump into the league of tokens with ambitions. Let's keep an eye on the candles! 📈🔥