Injective

<div class="dailyhodl">
 A trader who accurately called Bitcoin’s (BTC) 2018 market bottom is predicting fresh all-time highs for one decentralized exchange (DEX) altcoin.
 Pseudonymous analyst Bluntz tells his 234,000 followers on the social media platform X that a bullish divergence just flashed on the four-hour chart of Injective (INJ).
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 Traders often keep a close eye on bullish divergences as they may signal the end of a corrective move.
 Bluntz shares a chart suggesting INJ may be setting up to rally to an all-time high of $47.
 “INJ has been something I’ve been trying to get in on for a while but it just kept going up.
 It finally had an almost 25% dip and got a nice four-hour confirmed bull divergence here.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GCn79uDbMAASR5O?format=jpg&amp;name=large" alt="Image" width="1433" height="1191">
 <figcaption class="wp-caption-text">
 Source: Bluntz/X
 </figcaption>
 </figure>
 At time of writing, INJ is trading for $36.30, down over 2% in the past day.
 Bluntz is also following the price action of four layer-1 crypto projects and thinks that their native assets are primed to ignite the next leg up.
 “All the layer-1s look like they’re heating up again.
 SOL, AVAX, SEI, SUI.”
 Looking closer at Sui (SUI), the analyst predicts that the altcoin could surge over 28% from current prices.
 “SUI prepping for the next leg up to $1 and beyond, this is a good dip to long in my opinion.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GCgOyTFasAANyiq?format=jpg&amp;name=medium" alt="Image" width="1171" height="777">
 <figcaption class="wp-caption-text">
 Source: Bluntz/X
 </figcaption>
 </figure>
 At time of writing, SUI is worth $0.78.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-analyst-predicts-new-all-time-highs-for-defi-altcoin-says-layer-1-coins-are-heating-up-tbt75281.html">https://thebittimes.com/top-analyst-predicts-new-all-time-highs-for-defi-altcoin-says-layer-1-coins-are-heating-up-tbt75281.html</a>

Top Analyst Predicts New All-Time Highs for DeFi Altcoin, Says Layer-1 Coins Are Heating Up

TheBitTimes

Altri articoli pubblicati su 1 gen 2024

Cardano and Dogecoin investors considering newly launched presale project Pushd

BNB price to stay above $300? What the prediction says

Explore Web 3.0 Investment and its Bright Aspects for the Future

Investor Ramai Lirik Solana (SOL) dan Retik Finance (RETIK), Ini Alasannya

VanEck files updated spot Bitcoin ETF application

Will Bitcoin Reach All-Time Highs in 2024? Record Price Predictions Received from Experts!

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!