Injective (INJ) Price Up 4+% While Rest of the Market Bleeds

Published 18/08/2023, 12:03
Injective (INJ) Price Up 4+% While Rest of the Market Bleeds
ENJ/USD
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  • An analyst commended INJ for its consistent performance over the past year.
  • According to CoinMarketCap, INJ was one of the few cryptocurrencies that saw its price rise over the past day of trading.
  • From a technical perspective, INJ’s 9-day EMA line was attempting to cross above the 20-day EMA line at press time.

Injective (INJ) was commended for its consistent performance throughout the past year by a cryptocurrency analyst on Twitter this morning. According to the analyst, INJ has shown considerable strength, and although it’s not running “hot” 24/7, its dips are usually shallow and it seems to outperform most altcoins the majority of the time.

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