INJ has managed to go above several resistance levels in the last few days.
Whale holdings dropped but other metrics looked bullish
Injective [INJ] has been acting differently from the rest of the cryptos as its price went up while the value of other cryptos plummeted. This happened as the token managed to go over a key resistance level in the recent past.
So, should investors expect the token to pump further or should they be cautious for a price correction?
A quick look at Injective’s journey
While the market remained under bears’ influence, Injective chose to move the other way around as its price surged. To be precise, according to CoinMarketCap, INJ was up by more than 21% in just the last 24 hours.
At the time of writing, it was trading at $26.08 with a market capitalization of over $2.1 billion.
Rekt Capital, a popular Twitter handle that posts analysis about cryptos, recently posted a tweet mentioning INJ. As per the tweet, Injective went above a key resistance level
We współpracy z: https://ambcrypto.com/is-injective-decoupling-from-the-market/