Injective

<p>The post <a href="https://coinpedia.org/price-analysis/this-altcoin-is-set-to-hit-all-time-high-in-jan-2024/">This Altcoin is Set To Hit All-Time-High in Jan-2024</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a captivating turn of events, a trader renowned for accurately calling Bitcoin’s 2018 market bottom is now setting the stage for fresh all-time highs in the decentralized exchange (DEX). Pseudonymous analyst Bluntz, with a significant following on the social media platform X, has shared insights on a potential rally for Injective (INJ) after a bullish divergence caught his attention on the four-hour chart.</p> 
<h2 class="wp-block-heading" id="h-decoding-the-signals-inj-price-analysis">Decoding the Signals: INJ Price Analysis</h2> 
<p>Bluntz, the seasoned analyst, has pointed to a bullish divergence on the four-hour chart of INJ, a decentralized exchange altcoin. Bullish divergence often serves as an indicator signaling the conclusion of a corrective move. With this keen eye for market nuances, Bluntz suggests that INJ might be gearing up for a remarkable surge, eyeing an all-time high of $47. The current market price of INJ stands at 37.76.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/p2v_-7gjU9emup6a32oFDjdqP1Vhq-pi8qOinn5jadgi_VlpqNNY5rrMsBpynZ8cJpAPslhvOmTe-ayxegBngPn7T1tJ0TO5fsRBAXA2F4Pbqlffi0hnFP0G1s6fxzINC-kVzZQ5ml_Lt9lwa6ptcKplW2NoX-lKPwFl6JA7NzrN2-BgiOYVr53evEYhOg" alt="">
</figure> 
<h2 class="wp-block-heading" id="h-layer-1-crypto-projects-igniting-the-next-leg-up">Layer-1 Crypto Projects Igniting the Next Leg Up</h2> 
<p>Expanding the scope beyond INJ, Bluntz is closely monitoring the price action of four layer-1 crypto projects – SOL, AVAX, SEI, and SUI. According to his analysis, these projects seem to be heating up again, indicating potential upward movements for their native assets.</p> 
<h3 class="wp-block-heading" id="h-sui-a-gem-in-the-making-nbsp">SUI: A Gem in the Making&nbsp;</h3> 
<p>Looking closely at SUI, Bluntz predicts a significant surge of over 28% for its current price. He sees SUI as a promising contender for the next leg up, projecting a target price of $1 and beyond. Currently, SUI is priced at $0.7811, which Bluntz considers a favorable dip for long positions.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/takYNyzP4e6K8mT-mlCsoIb11P1QR_9z4VkRBlVWbEcWqSK90q7VqECQlwDjnxO5cNk73ilkqUE3FSZlkLqCXVkiHueCVhJlPeIt-HeFftXGbdD4doXwuRYTleqN6oK3LumqFLaNzZV-19SyBz2SwY8Ac488TvKdIUn1S4Mvo_A1Kad08_BiA9AHdBTwIw" alt="">
</figure> 
<p>As crypto enthusiasts and traders eagerly await the unfolding of market dynamics, Bluntz’s insights have sparked anticipation, particularly for INJ and SUI.&nbsp;</p>

This Altcoin is Set To Hit All-Time-High in Jan-2024

Table of Contents

CoinPedia News

Другие статьи, опубликованные 1 янв. 2024 г.

Enhancing Transparency: XRP Ledger Introduces New Feature for Fee Visibility

Cosmos (ATOM) Price Prediction and Analysis

Massive 800 Million XRP Returned to Escrow by Ripple: Details

Three Top Altcoins Set for Massive Price Surges in the 2024 Bull Market

Bitwise Takes the Lead in US Bitcoin ETF Race with $200M Seed Capital, BlackRock Partners with JP...

Borroe Finance’s growth potential draws BNB and Cardano investors

Join our free newsletter for daily crypto updates!