News Home

Injective (INJ): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, January 26, 2024 11:20 AM | InvestorsObserver Analysts
Injective (INJ): How Does it Rank Friday on Long-Term Trading Metrics?

Injective receives a strong long-term technical score of 78 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, INJ holds a superior long-term technical analysis score than 78% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

Long-Term Technical - 78
InvestorsObserver is giving Injective a 78 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Injective!

Trading Analysis

The current trading price of $34.080000000 for INJ is $9.3600000 (37.85%) above the tokens 100-day moving average of $24.730000000. INJ meanwhile is $31.8700000 (1042.23%) above its 52-week low of $2.210000000 and -$11.11000000 (53.30%) under its 52-week high price of $45.190000000. Injective's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 78. The price movement and range of INJ suggest that investors are neutral on the token at this time. Injective currently has a total market cap of $3,012,792,632.78 to go along with its average daily volume of $735,470,267.28 worth of the currency over the past seven days. INJ's volume is below its seven day average as of the past 24 hours, with 109,938,664.35 exchanged in that period. This token's subclass Smart Contracts: A computer program designed to automatically execute when predetermined conditions are satisfied. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.


INJ's historical trading over the past year gives it a a strong long-term technical score of 78 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on Injective (INJ).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App