INJ Price Prediction: Bearish Momentum Targets $12.04 in Near-Term Decline
The post INJ Price Prediction: Bearish Momentum Targets $12.04 in Near-Term Decline appeared on BitcoinEthereumNews.com. Timothy Morano Aug 30, 2025 09:12 Recent INJ price prediction models suggest a potential drop to $12.04 within the next week, as technical indicators align for continued bearish pressure on Injective Protocol. INJ Price Prediction Summary • INJ short-term target (1 week): $12.04 (-8.0% from current levels) • Injective medium-term forecast (1 month): $11.50-$14.50 range with high volatility expected • Key level to break for bullish continuation: $14.13 (SMA 20 resistance) • Critical support if bearish: $11.91 (strong support level) Recent Injective Price Predictions from Analysts The latest INJ price prediction analysis from CaptainAltcoin shows a consistent bearish outlook developing over the past 48 hours. Their August 30th forecast projects a more aggressive decline to $12.04, representing an 11.66% drop from current levels, while their previous day’s Injective forecast called for a more modest 4.01% decline to $13.08. This progression in bearish sentiment reflects deteriorating technical conditions, with analysts expressing medium confidence in both predictions. The consensus among available forecasts points to continued downward pressure on INJ, with no bullish predictions emerging in recent days to counter the negative momentum. INJ Technical Analysis: Setting Up for Further Decline The current Injective technical analysis reveals multiple bearish signals converging to support the downside INJ price prediction. With INJ trading at $13.08, the token sits below key moving averages including the SMA 7 ($13.44), SMA 20 ($14.13), and SMA 50 ($13.91), indicating sustained selling pressure. The MACD histogram at -0.1671 confirms bearish momentum is accelerating, while the RSI at 45.96 suggests there’s still room for further downside before reaching oversold conditions. Particularly concerning is the Stochastic %K reading of just 11.65, indicating INJ is approaching deeply oversold territory but hasn’t yet found a floor. Volume analysis shows $14.6 million in 24-hour trading activity, which…
The post INJ Price Prediction: Bearish Momentum Targets $12.04 in Near-Term Decline appeared on BitcoinEthereumNews.com.
Timothy Morano Aug 30, 2025 09:12 Recent INJ price prediction models suggest a potential drop to $12.04 within the next week, as technical indicators align for continued bearish pressure on Injective Protocol. INJ Price Prediction Summary • INJ short-term target (1 week): $12.04 (-8.0% from current levels) • Injective medium-term forecast (1 month): $11.50-$14.50 range with high volatility expected • Key level to break for bullish continuation: $14.13 (SMA 20 resistance) • Critical support if bearish: $11.91 (strong support level) Recent Injective Price Predictions from Analysts The latest INJ price prediction analysis from CaptainAltcoin shows a consistent bearish outlook developing over the past 48 hours. Their August 30th forecast projects a more aggressive decline to $12.04, representing an 11.66% drop from current levels, while their previous day’s Injective forecast called for a more modest 4.01% decline to $13.08. This progression in bearish sentiment reflects deteriorating technical conditions, with analysts expressing medium confidence in both predictions. The consensus among available forecasts points to continued downward pressure on INJ, with no bullish predictions emerging in recent days to counter the negative momentum. INJ Technical Analysis: Setting Up for Further Decline The current Injective technical analysis reveals multiple bearish signals converging to support the downside INJ price prediction. With INJ trading at $13.08, the token sits below key moving averages including the SMA 7 ($13.44), SMA 20 ($14.13), and SMA 50 ($13.91), indicating sustained selling pressure. The MACD histogram at -0.1671 confirms bearish momentum is accelerating, while the RSI at 45.96 suggests there’s still room for further downside before reaching oversold conditions. Particularly concerning is the Stochastic %K reading of just 11.65, indicating INJ is approaching deeply oversold territory but hasn’t yet found a floor. Volume analysis shows $14.6 million in 24-hour trading activity, which…
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