Injective (INJ) Regains Bullish Momentum- Is $26 the next Target?

INJ is facing renewed market interest as traders enter positions aggressively. Despite short-term resistance, INJ is poised for a long-term rally.

Following months of price downtrend, Injective, the first and only blockchain built for finance, has seen its token face renewed market interest. As of press time, INJ is trading at $13.96, a 0.95% price increase, despite low trading volume, according to CoinMarketCap data.

A look into Injective’s technical setup

INJ has been consolidating in a downtrend since Q4 2025, as bearish momentum prevailed. However, the bulls have taken charge, and the past few weeks have seen INJ’s price reverse, suggesting a potential long-term price reversal. The coin’s 1-day chart shows that the $14-$15.5 zone presents a major battleground for INJ bullishness.

The current rounded bottom structure suggests that the bears could be exhausted, and INJ’s long-term bull rally could be beginning.

inj
Source: TradingView

According to the analyst, More Crypto Online, if INJ bulls have held above the $11.80, a key resistance zone on a higher timeframe:

“… then $26+ should be a reasonable target expectation.”

INJ technical indicators on the daily timeframe signal a brewing bullish momentum. The MACD (12,26) at 39, the short-term and mid-term moving averages flash a “strong buy,” indicating aggressive buying pressure as traders enter positions. If the bullish momentum holds, INJ could rally past $15 while eyeing $26 in the next few weeks.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

NSE Tether Partnership Explores Tokenized Securities in Kenya

NSE and Tether explore tokenized securities infrastructure in Kenya. USDT...

CLARITY Act Debate Intensifies as Haridopolos Warns on US Crypto

CLARITY Act supporter Haridopolos urges Senate action before recess. Senate...

Bitcoin Price Drops to $63,400 as Whales Accumulate 19,700 BTC

Bitcoin price loses $65,000 as short-term bearish pressure strengthens. Whale...

Ondo Network Replaces Layer 1 Plan With Faster Trading Model 

Ondo Network replaces the planned Ondo Chain Layer 1...

Strategy Cash Reserve Hits $3.75 Billion After $544.5M Sale 

Strategy cash reserve climbs to $3.75 billion after equity...

Topics

NSE Tether Partnership Explores Tokenized Securities in Kenya

NSE and Tether explore tokenized securities infrastructure in Kenya. USDT...

CLARITY Act Debate Intensifies as Haridopolos Warns on US Crypto

CLARITY Act supporter Haridopolos urges Senate action before recess. Senate...

Bitcoin Price Drops to $63,400 as Whales Accumulate 19,700 BTC

Bitcoin price loses $65,000 as short-term bearish pressure strengthens. Whale...

Ondo Network Replaces Layer 1 Plan With Faster Trading Model 

Ondo Network replaces the planned Ondo Chain Layer 1...

Strategy Cash Reserve Hits $3.75 Billion After $544.5M Sale 

Strategy cash reserve climbs to $3.75 billion after equity...

Zcash Ironwood Upgrade Goes Live on July 28 With New Pool 

Zcash Ironwood Upgrade activates at block 3,428,143. New shielded pool...

SUI Holds $0.72 Support as $9.76M Token Unlock Nears

SUI trades near $0.72 after falling over 80% from...

WEMIX Security Issue Sparks Contract Investigation Concerns 

WEMIX identified a potential security issue involving its WEMIX$...
spot_img

Related Articles

Popular Categories

spot_imgspot_img