{"id":356680,"date":"2024-09-26T22:20:18","date_gmt":"2024-09-26T16:50:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/is-a-70-surge-on-the-horizon-crypto-news\/"},"modified":"2024-09-26T22:24:25","modified_gmt":"2024-09-26T16:54:25","slug":"is-a-70-surge-on-the-horizon-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-a-70-surge-on-the-horizon-crypto-news\/","title":{"rendered":"Is a 70% Surge on the Horizon? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Injective (INJ) price has recently experienced a significant bullish breakout. The INJ price is currently following an upward trend. There has been a notable increase in its value, coinciding with broader market gains. As buying interest continues to grow, expectations are rising for further advances in INJ price eyeing 70% gain.<\/span><\/p>\n<h2><strong>Injective Price Eyes 70% Surge Amid Market Bullish<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Over the past 24-hour period, the Injective price has seen a significant uptick of 10%. At the time of writing, the INJ price hovered at $23.29. The cryptocurrency\u2019s value rose steadily throughout the day, hitting a high of $23.74 after starting from a low of $21.45. This marks a robust recovery and suggests increased trading activity and a potentially positive market.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p><span style=\"font-weight: 400;\">Today, the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/cryptocurrency-prices-september-26-btc-backtracks-to-63k-but-wld-soars-11\/\"><span style=\"font-weight: 400;\">cryptocurrency market<\/span><\/a><span style=\"font-weight: 400;\"> has displayed significant upward movement. Most digital currencies experienced a notable increase in value, contributing to a predominantly green trading day.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin\u2019s value is now above $64,000, while Ethereum has surpassed the $2,600 mark. This upward trend has also positively impacted Injective price,\u00a0 Poisoning it to rally to $40 support level in the near term.<\/span><\/p>\n<h2><strong>Injective Price Prediction: Can INJ Hit $40 Level Soon?<\/strong><\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p><span style=\"font-weight: 400;\">The daily technical for Injective price analysis reveals a significant bullish trend. The Relative Strength Index (<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/rsi-relative-strength-index\/\"><span style=\"font-weight: 400;\">RSI<\/span><\/a><span style=\"font-weight: 400;\">) is currently at 68, nearing overbought conditions but still in bullish territory.\u00a0<\/span><\/p>\n<figure id=\"attachment_218180\" aria-describedby=\"caption-attachment-218180\" style=\"width: 1154px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-218180\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/INJUSDT_2024-09-26_17-31-10.png\" alt=\"Injective Price Gains Momentum: Is a 70% Surge on the Horizon?\" width=\"1154\" height=\"588\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/INJUSDT_2024-09-26_17-31-10.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/INJUSDT_2024-09-26_17-31-10-300x153.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/INJUSDT_2024-09-26_17-31-10-768x391.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/INJUSDT_2024-09-26_17-31-10-150x76.png 150w\" sizes=\"auto, (max-width: 1154px) 100vw, 1154px\"\/><\/noscript><figcaption id=\"caption-attachment-218180\" class=\"wp-caption-text\">Injective Price Chart| Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/x\/pN2m81Xx\/\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The INJ price is on a solid upward trend, eyeing the $40 mark. This surge is driven by increased whale accumulation of stablecoins, each holding over $5 million. The percentage of stablecoin supply held by whales has steadily risen, these could be adding new capital.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p>According to Coinglass data, the derivatives market for Injective price has seen a significant surge in activity. The trading volume and Open Interest have experienced a notable increase, indicating a strong bullish trend.<\/p>\n<figure id=\"attachment_218188\" aria-describedby=\"caption-attachment-218188\" style=\"width: 1351px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-218188\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Injective Price Gains Momentum: Is a 70% Surge on the Horizon?\" width=\"1351\" height=\"375\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25.png 1351w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-300x83.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-1224x340.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-768x213.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-150x42.png 150w\" data-lazy-sizes=\"(max-width: 1351px) 100vw, 1351px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-218188\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25.png\" alt=\"Injective Price Gains Momentum: Is a 70% Surge on the Horizon?\" width=\"1351\" height=\"375\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25.png 1351w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-300x83.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-1224x340.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-768x213.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Source-Coinglass-25-150x42.png 150w\" sizes=\"auto, (max-width: 1351px) 100vw, 1351px\"\/><\/noscript><figcaption id=\"caption-attachment-218188\" class=\"wp-caption-text\">Source- Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Injective price could see a significant upward movement, with potential gains driving the price to $25. If bullish momentum intensifies, the INJ price could rally toward $30. Market sentiment has been increasingly positive, and combined with key on-chain data, this could support the ongoing bullish trend. If current trends continue, the price may reach as high as $40, gaining more than 70% .\u00a0<\/span><\/p>\n<figure id=\"attachment_218177\" aria-describedby=\"caption-attachment-218177\" style=\"width: 1133px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-218177\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Injective Price Gains Momentum: Is a 70% Surge on the Horizon?\" width=\"1133\" height=\"542\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment.png 1133w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-300x144.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-768x367.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-150x72.png 150w\" data-lazy-sizes=\"(max-width: 1133px) 100vw, 1133px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-218177\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment.png\" alt=\"Injective Price Gains Momentum: Is a 70% Surge on the Horizon?\" width=\"1133\" height=\"542\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment.png 1133w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-300x144.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-768x367.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/09\/Soure-Santiment-150x72.png 150w\" sizes=\"auto, (max-width: 1133px) 100vw, 1133px\"\/><\/noscript><figcaption id=\"caption-attachment-218177\" class=\"wp-caption-text\">Source- Santiment<\/figcaption><\/figure>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&#038;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"0ee84c01-2591-4718-aefc-010d6eddb2f6\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>The recent surge in Injective\u2019s price, influenced by heightened trading volumes and a buoyant crypto market, positions it for potential gains. With stablecoin accumulation by whales and Bitcoin\u2019s rally, Injective could target a 70% increase, possibly hitting $40 soon<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tIf current trends persist and bullish momentum intensifies, analysts predict the INJ price could reach as high as $40.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tIncreased whale accumulation of stablecoins, holding over $5 million, shows confidence in Injective\u2019s future potential.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tThe positive movement in larger cryptocurrencies like Bitcoin and Ethereum is lifting altcoins, including Injective, contributing to its bullish trend.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/injective-price-gains-momentum-is-a-70-surge-on-the-horizon\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/injective-price-gains-momentum-is-a-70-surge-on-the-horizon\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>Coingape Staff  <\/p>\n<\/p><\/div>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Injective (INJ) price has recently experienced a significant bullish breakout. The INJ price is currently following an upward trend. There has been a notable increase in its value, coinciding with broader market gains. As buying interest continues to grow, expectations are rising for further advances in INJ price eyeing 70% gain. Injective Price Eyes 70% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":212685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-356680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=356680"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356680\/revisions"}],"predecessor-version":[{"id":356683,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/356680\/revisions\/356683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/212685"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=356680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=356680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=356680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}