Injective Protocol Cryptocurrency is currently on bullish momentum by 27.98% in the last 7 days. At 01:00 EST on Thursday, 22 April, Injective Protocol is at $17.00.

Social Status

Currently, Injective Protocol has 60782 Twitter followers and 2966 Reddit subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Injective Protocol’s crypto is considered to be oversold (<=20).

News about Bitcoin

Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "Day traders have also pushed up stocks such as Bitcoin miner Marathon Digital Holdings Inc. and crypto broker Voyager Digital Ltd., which are up at least 8,900% in the past year. ", "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year."

JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."

Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."

More news about Injective Protocol.

LEAVE A REPLY

Please enter your comment!
Please enter your name here