Injective Price Prediction 2024 – 2030: Will INJ Price Reclaim $50 This Year?

The post Injective Price Prediction 2024 – 2030: Will INJ Price Reclaim $50 This Year? appeared first on Coinpedia Fintech News

Launched in November 2021, alongside a $120 Million incentive program called Astro. The Injective Protocol plays an important role in the Artificial Intelligence (AI) category. Moreover, the Injective (INJ) price has gained significant attention from the crypto industry after the AI boom.

With a market cap of $2.163 Billion, a circulating supply of 93,400,000 INJ tokens, and a total supply of 100 Million INJ tokens. The Injective project has successfully secured a spot in the top 50 cryptocurrencies by market cap.

Are you curious about Injective’s roadmap of reclaiming $50 this year? Are you also planning to stack these tokens? Fear not and dive in as we explore the feasible Injective price prediction from the year 2024 up till 2030 and the years to come.

Injective Overview:

Cryptocurrency	Injective
Token	INJ
Price	$ 25.74588301 3.46%
Market Cap	$ 2,404,665,473.4079
Circulating Supply	93,400,000.0000
Trading Supply	$ 73,618,731.5025
All-time High	$52.75 on 14th March 2024
All-time Low	$0.6557 on 03rd November 2020
24 High	$ 24.7000
24 Low	$ 22.7900

Injective Price Prediction June 2024

The INJ crypto continues to trade in a closed range between $23.36 and $30.55 for about two months, indicating a weak price action for the altcoin in the crypto space. However, the Injective price has added 2.33% within the past day and 14.77% over the past week. Moreover, it has surged 17.14% over the past 30 days.

The Cross EMA 50/200-day hints at a potential Golden Cross in the 1D time frame, highlighting a high possibility of a bullish reversal in the coming time.

The technical indicator, MACD, records a constant green histogram in the 1D time frame, suggesting increased buying-over-selling pressure in the cryptocurrency market. Further, the averages show a constant rise, suggesting the INJ price will continue gaining value this week.

If the bulls push the Injective crypto above the resistance level of $30, the altcoin will regain momentum and prepare to test its upper resistance level of $36.35 in the coming time. However, a bearish reversal could pull the price toward its crucial support level of $23.36 this month.

INJ Price Prediction 2024

Suppose, the Injective project releases significant updates during the upcoming months. This could result in the altcoin attempting to retest its ATH of $52.75 and possibly conclude the year with a new ATH of $57.66.

On the contrary, if a strong bearish reversal occurs in the crypto market, the INJ price would lose momentum and plunge toward its low of $15.12. With this, the average trading price of Injective could settle at $36.39 for the year 2024.

Injective Price Prediction 2024 – 2030

INJ Price Prediction 2025

With a strong bullish year ahead, The Injective price is prepared to experience a robust bullish price action during 2025. Furthermore, increased adoption and newer technological updates could lead the INJ price to test a new all-time high of $65.85 during the year.

However, bearish price action could result in the Injective (INJ) price plunging toward its yearly low of $36.84. With this, the average trading price of an INJ token could settle at $51.34.

INJ Crypto Price Prediction 2026

According to forecast prices and technical analysis, INJ’s price may reach a minimum of $48.22 in 2026. The maximum price could hit $91.27, with an average trading price of around $69.74.

Injective (INJ) Price Prediction 2027

Looking forward to 2027, the Injective’s price may reach a low of $63.17, with a high of $117.66, and an average forecast price of $90.41.

Injective Crypto Price Prediction 2028

In 2028, the price of a single INJ is anticipated to reach a minimum of $80.99, with a maximum of $130.47 and an average price of $105.73.

INJ Coin Price Prediction 2029

By 2029, INJ’s price is predicted to reach a minimum of $96.36, with the potential to hit a maximum of $152.63, and an average of $124.49.

Injective Price Prediction 2030

In 2030, Injective is predicted to touch its lowest price at $118.18, hitting a high of $149.63 and an average price of $181.18.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Injective (INJ) Price Prediction 2024

With the completion of the 4th Bitcoin Halving, the crypto market has officially entered the bull market. Moreover, the recent bullish price action has reflected a high potential during the upcoming time in both short-term and long-term perspectives.

As per CoinPedia’s formulated Injective Price Prediction, if the market favors the bulls, the INJ price will continue rising. With this, Injective will retest its all-time high, and potentially achieve a new ATH with a possible high of $57.66.

Conversely, if new stricter regulation is implemented on the crypto market. In this case, the Injective (INJ) price will prepare to test its lows of $15.12 by the year-end. With this, the average of the INJ price could land at $36.39 for the year 2024.

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