Injective INJ
Current Price
$2.79 -3.27%
$0.1200 Daily Range (4.30%)
$2.78$2.90
$30.30M Daily Volume
457 BTC
Vol/MktCap: 10.86%
Market Performance
0.14% Relative BTC Volume
The total volume of Injective is $30.30M over the past 24 hours, compared to $21.44B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.86% 1 Hour Change
$2.79 from $2.81
-6.26% 7 Day Change
-$0.1748 from $2.96
-8.55% 14 Day Change
-$0.2387 from $3.03
-10.86% 30 Day Change
-$0.3031 from $3.09
All Time High
March 14, 2024
$52.62 -94.69%
-$49.83 vs. now
24H Change
-9.96M USD -3.45%
-150 BTC
Volume and Supply
Total Supply: 100.00M INJ 
100.00M INJ AvailableRelative Supply Ratio
5.00 x BTC SupplyRelative Trade Volume
10.67M INJ
traded over past 24 hours
Conversion Tool
Injective AI Market Analysis
The volume over the past 24 hours stands at approximately $30 million, contributing to a volume-to-market cap ratio of 10.74%. This suggests a relatively healthy trading environment, although the declining price trend might be discouraging for new buyers.
Analyzing moving averages, the 8, 13, and 21 SMAs are showing negative momentum, with the 55 SMA also indicating a downward trend. The 144 SMA at $2.97 further emphasizes a bearish outlook, suggesting that the price is below longer-term average levels, which could lead to additional selling pressure.
The 1-hour RSI is at 29, indicating oversold conditions, while the 7-day RSI at 43 suggests that the asset is approaching neutral territory but still trending downwards. The 7-day, 14-day, and 30-day price changes of -5.82%, -8.46%, and -10.55%, respectively, confirm a persistent bearish trend over recent weeks.
Given the current price action, the proximity to the all-time high of $52.62 achieved in March 2024 highlights the significant price retracement that INJ has experienced. This steep decline raises concerns about market sentiment and investor confidence, particularly as the asset struggles to reclaim higher price levels.
In conclusion, the combination of negative momentum indicators, declining RSI values, and the broader bearish trend leads to a Sell rating for Injective (INJ). Investors should consider liquidating their positions or avoiding new entries until clearer signs of a trend reversal emerge.
Updated 87 minutes ago.
Injective Relative Price at Market Cap of:
Injective TradingView Chart
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