Injective INJ
Current Price
$6.65 +1.91%
$0.8400 Daily Range (12.63%)
$6.12$6.96
$121.13M Daily Volume
1,305 BTC
Vol/MktCap: 18.24%
Market Performance
0.14% Relative BTC Volume
The total volume of Injective is $121.13M over the past 24 hours, compared to $83.94B total Bitcoin volume.
Hourly Moving Average
8 SMA $6.33 +5.04%
13 SMA $6.51 +2.10%
21 SMA $6.53 +1.84%
55 SMA $6.49 +2.46%
144 SMA $6.68 -0.38%
Price Performance
+3.60% 1 Hour Change
$6.65 from $6.42
-8.80% 7 Day Change
-$0.5855 from $7.24
+0.91% 14 Day Change
$0.0607 from $6.59
-22.77% 30 Day Change
-$1.51 from $8.16
All Time High
March 14, 2024
$52.62 -87.52%
-$46.05 vs. now
24H Change
12.00M USD +1.84%
129 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
5.01 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
18.52M INJ
traded over past 24 hours
18.52% 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 trading at $6.50, reflecting a 24-hour change of -1.68%. The price fluctuated between a daily high of $6.96 and a low of $6.12, indicating a narrow trading range of 0.84% which suggests a period of consolidation.
The volume of $124,331,987 corresponds to a volume-to-market cap ratio of 19.15%, indicating a healthy level of trading activity relative to its market capitalization. However, the hourly moving averages show a bearish trend, with the 8 SMA at $6.63 down 2.00% and the 144 SMA at $6.69 down 2.90%, signaling downward momentum in the short term.
Technical indicators such as the 1-hour RSI at 50 suggest that the asset is neither overbought nor oversold, maintaining a neutral stance. In the 7-day timeframe, the RSI is at 48, further confirming the lack of strong bullish or bearish pressure, while a 7-day price change of -10.81% indicates ongoing bearish sentiment.
Over the past 14 days, INJ has experienced a slight decline of 2.22%, but the more significant concern is the 30-day change of -25.87%, reflecting a broader downtrend. The all-time high of $52.62 reached on March 14, 2024, creates a stark contrast with the current price, indicating a significant pullback and loss of market confidence.
Based on the technical analysis and current price action, the market sentiment appears bearish, with the potential for further downside in the short term. Therefore, the recommendation for Injective (INJ) is to Hold, as investors should wait for a clearer reversal signal or confirmation of support before considering new positions or additional investments.
The volume of $124,331,987 corresponds to a volume-to-market cap ratio of 19.15%, indicating a healthy level of trading activity relative to its market capitalization. However, the hourly moving averages show a bearish trend, with the 8 SMA at $6.63 down 2.00% and the 144 SMA at $6.69 down 2.90%, signaling downward momentum in the short term.
Technical indicators such as the 1-hour RSI at 50 suggest that the asset is neither overbought nor oversold, maintaining a neutral stance. In the 7-day timeframe, the RSI is at 48, further confirming the lack of strong bullish or bearish pressure, while a 7-day price change of -10.81% indicates ongoing bearish sentiment.
Over the past 14 days, INJ has experienced a slight decline of 2.22%, but the more significant concern is the 30-day change of -25.87%, reflecting a broader downtrend. The all-time high of $52.62 reached on March 14, 2024, creates a stark contrast with the current price, indicating a significant pullback and loss of market confidence.
Based on the technical analysis and current price action, the market sentiment appears bearish, with the potential for further downside in the short term. Therefore, the recommendation for Injective (INJ) is to Hold, as investors should wait for a clearer reversal signal or confirmation of support before considering new positions or additional investments.
Updated 303 minutes ago.
Injective Relative Price at Market Cap of:
Injective TradingView Chart
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