✴️ Injective | Stronger Than Most Altcoins

9 Jun 2023

I know it is pretty obvious but Injective (INJUSD) is doing much better than most of the Altcoins.

First, many pairs completed their initial bullish wave right back in January, some continued to move through February but that is about it for the majority of Altcoins. Looking at INJUSD, we can see that it grew all the way through April.

Another variation in the pattern is the correction. After hitting a low in May is has been consolidating up. The chart looks pretty good and overall supports additional growth, with a long-term strength bias.

The 12-May low can be a good support level if one is looking to trade. The rest is up.

Namaste.