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Bit360

06/09 16:18

Injective (INJ) Price Prediction:

Injective (INJ) Price Prediction: INJ Struggles Below $13.80 as Market Momentum StallsCboe-Revolutionizes-Crypto-Trading-with-New-Bitcoin-Futures-Product-2025-06-09T150130.342-768x432.jpg

  • INJ is trading at $13.06, holding above support but struggling to clear resistance near $13.80.
  • The token remains range-bound, with support between $11.60 and $12.00 and resistance at $13.80–$15.50.
  • Price is below the 9-period DEMA, showing weak momentum and failed breakout attempts.
  • Bollinger Bands show reduced volatility, suggesting a possible breakout or further consolidation ahead.

Injective (INJ) is currently trading at $13.06, showing a slight intraday gain of 0.76%. Despite holding above key short-term support, the token remains capped by a well-defined resistance zone. After reaching a high of $15.48 in mid-May, INJ has been unable to sustain upward momentum, trading in a range while broader market conditions remain uncertainINJ_7D_graph_coinmarketcap-1-768x512.jpeg

Injective (INJ) Price Prediction: INJ Struggles Below $13.80 as Market Momentum Stalls 4

The overall crypto market has been consolidating, with Bitcoin and Ethereum both showing signs of exhaustion. This has limited upside across many altcoins, including INJ. While some tokens are forming new bases, INJ continues to face pressure from resistance levels established in May.

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