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@cryptofuturedon
Injective (INJ) has surged by 18% over the past week, trading at $21.77, amidst overall crypto market volatility. Analysts, including Crypto Faibik, predict a potential new all-time high (ATH) for INJ, citing positive technical indicators like the Relative Vigor Index and Directional Movement Index. The altcoin has recovered from a low of $13.5 following a market crash on October 5. Market sentiment appears bullish as long position liquidations have decreased and the OI-weighted funding rate is positive, suggesting strong investor confidence and demand for long positions.
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