Injective (INJ) started the previous weekend with a rise of more than 3% on Saturday, closing at $14.54. However, it lost momentum on Sunday, falling nearly 1% to a low of $13.87 before closing at $14.40. Selling pressure intensified on Monday when INJ fell nearly 5% to $13.70. Despite the bearish start to the week, the price recovered on Tuesday, rising 7.83% to regain $14 and closing at $14.77. Bullish sentiment intensified on Wednesday when INJ surged, rising 9.59% to surpass $16 and closing at $16.19.
INJ lost momentum on Thursday due to the return of selling pressure. As a result, it fell more than 6% to $15.16. Sellers maintained control on Friday with a decline of 5.79% in price, which stood at $14.28. Despite the selling pressure, INJ recovered over the weekend, rising 2.08% on Saturday and more than 6% on Sunday, regaining $15 and closing at $15.47. INJ traded in the red again on Monday, with a drop of nearly 8% to $14.23, in light of the return of selling pressure. In the current session, the price has decreased by 1.01%, trading around $14 after recovering from a low of $13.64.