Injective (INJ) Hits 5-Month High Amid Bullish Breakout

Injective (INJ) Hits 5-Month High Amid Bullish Breakout
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Injective (INJ) has surged to a five-month high after retesting a key resistance level, sparking bullish predictions from analysts. The cryptocurrency’s recent momentum suggests a potential rally toward new yearly highs if critical levels are reclaimed.

  • INJ surged 40% since late June, hitting a five-month high of $16.35 but faces resistance at $15.
  • Analysts predict a 66% rally to $25 (Ali Martinez) or a 153% surge to $41 (Crypto Patel) if key levels break.
  • Injective leads Layer-1 networks with 36,500 code commits, 3.2% ahead of competitors, signaling strong development activity.
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