Injective Protocol(inj)market reviews and price predictions
Injective Protocol market statement for 2023-05-29
Yesterday the price of inj stood at $7.36. The market capitalization of the asset was $574 831 068. Injective Protocol’s volatility was established at 7.92%. The trading volume of the coin reached $69 253 649.
Injective Protocol prognosis for the next days:
We estimate the price of Injective Protocol to be $6.35 tomorrow 2023-06-06 and $6.55 on 2023-06-12;
We estimate the market capitalization of Injective Protocol to reach $524 095 901 tomorrow 2023-06-06 and $527 756 280 on 2023-06-08;
We estimate the volatility of Injective Protocol to become 2.16% tomorrow 2023-06-06 and 3.54% on 2023-06-08;
We estimate the trading volume of Injective Protocol to amount to $40 944 915 tomorrow 2023-06-06 and $42 669 109 on 2023-06-08.
Our recommendation for the pair INJ/USD for tomorrow, 2023-06-06, to sell.
A 8% price increase last week (May 23 - May 29) confirms the bullishness of Injective Protocol.
The behavior of Injective Protocol last week was characterized by the occurrence of upswings. INJ has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bears had a field day between May 20 and May 26 as Injective Protocol got knocked down by 12%.
The downward movement of the Injective Protocol price last week indicates the chosen market is. The volatility of INJ has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The price action of the crypto coin last week took place on the back of decreased trading volume.
The market crumbled last week (May 19 - May 25) as Injective Protocol lost 12%.
The analysis of last week’s price action shows that the Injective Protocol market is in the phase since the price has been moving downward. INJ was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
A 12% drop on the Injective Protocol market last week (May 19 - May 25) signals that the sellers are gaining strength.
The downward movement of the Injective Protocol price last week indicates the chosen market is. The situation on the INJ market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Injective Protocol analysis May 19 - May 25 : bears in all-out attack as the price collapses by 12%.
Injective Protocol has been last week as its price has been predominantly falling. INJ was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The torpid Injective Protocol had its price rise only by 2% last week (May 9 - May 15).
Injective Protocol has been bearish last week as its price has been predominantly rising. The price swings of INJ pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Buyers weakened their grip on the Injective Protocol market (May 9 - May 15) as the price rose only by 2%.
The bearish behavior of Injective Protocol last week was characterized by the occurrence of upswings. The volatility associated with the INJ market was medium, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The May 4 - 10 market report: Injective Protocol plunges by 13% as sellers apply more pressure.
The downward movement of the Injective Protocol price last week indicates the chosen market is bearish. The price swings of INJ pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Injective Protocol lost 9% in the period April 30 - May 6 as a result of selling pressure.
The price of Injective Protocol was falling last from April 30 until May 6, giving enough reason to conclude that the market is. INJ has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Injective Protocol lost 9% in the period April 30 - May 6 as a result of selling pressure.
The downward movement of the Injective Protocol price last week indicates the chosen market is. The price swings of INJ pointed to the presence of medium volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.