Injective INJ
Current Price
$2.90 -4.25%
$0.2100 Daily Range (7.24%)
$2.84$3.05
$43.22M Daily Volume
634 BTC
Vol/MktCap: 14.87%
Market Performance
0.09% Relative BTC Volume
The total volume of Injective is $43.22M over the past 24 hours, compared to $46.27B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.92 -0.78%
13 SMA $2.96 -2.07%
21 SMA $2.99 -2.92%
55 SMA $3.05 -4.91%
144 SMA $3.05 -4.99%
Price Performance
+1.68% 1 Hour Change
$2.90 from $2.85
-5.02% 7 Day Change
-$0.1456 from $3.05
-15.21% 14 Day Change
-$0.4411 from $3.34
-16.81% 30 Day Change
-$0.4874 from $3.39
All Time High
March 14, 2024
$52.62 -94.48%
-$49.71 vs. now
24H Change
-12.11M USD -4.00%
-178 BTC
Volume and Supply
Total Supply: 100.00M INJ 
100.00M INJ Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
5.00 x BTC Supply5:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
14.68M INJ
traded over past 24 hours
14.68% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Injective AI Market Analysis
Injective (INJ) is currently priced at $2.88, reflecting a 24-hour decline of 6.07%. The asset has demonstrated a daily range between a low of $2.84 and a high of $3.07, indicating volatility within a narrow band.
Volume over the past 24 hours stands at approximately $42.5 million, representing 14.76% of the market cap, which suggests moderate trading activity. However, the significant drop in price combined with the low hourly RSI of 25 indicates oversold conditions, potentially signaling a turnaround point.
The moving averages show a consistent downtrend, with the 8 SMA at $2.92 and the 55 SMA around $3.05, all reflecting negative percentages. The 7-day RSI at 45, alongside the 7-day price change of -7.18%, further emphasizes the bearish momentum, while the 14-day change of -14.73% and 30-day change of -19.14% reflect ongoing weakness.
Despite the current oversold conditions, the resistance levels indicated by the moving averages suggest that a short-term recovery may face headwinds. The all-time high of $52.62, reached in March 2024, provides a stark contrast to the current price, underscoring the substantial decline from previous peaks.
Considering the current technical indicators and market sentiment, Injective's price action is bearish in the short term, with resistance likely around the moving averages. Given the oversold conditions, a cautious Hold rating is appropriate, allowing for potential recovery while monitoring for further bearish signals.
Volume over the past 24 hours stands at approximately $42.5 million, representing 14.76% of the market cap, which suggests moderate trading activity. However, the significant drop in price combined with the low hourly RSI of 25 indicates oversold conditions, potentially signaling a turnaround point.
The moving averages show a consistent downtrend, with the 8 SMA at $2.92 and the 55 SMA around $3.05, all reflecting negative percentages. The 7-day RSI at 45, alongside the 7-day price change of -7.18%, further emphasizes the bearish momentum, while the 14-day change of -14.73% and 30-day change of -19.14% reflect ongoing weakness.
Despite the current oversold conditions, the resistance levels indicated by the moving averages suggest that a short-term recovery may face headwinds. The all-time high of $52.62, reached in March 2024, provides a stark contrast to the current price, underscoring the substantial decline from previous peaks.
Considering the current technical indicators and market sentiment, Injective's price action is bearish in the short term, with resistance likely around the moving averages. Given the oversold conditions, a cautious Hold rating is appropriate, allowing for potential recovery while monitoring for further bearish signals.
Updated 188 minutes ago.
Injective Relative Price at Market Cap of:
Injective TradingView Chart
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