In 24 hours, $INJ had an 10.57% gain versus 0.98% in Bitcoin as capital shifted to altcoins as evidenced by a 16.13 percent increase in the CMC Altcoin Season Index. The technique was further strengthened by a technical breakout of the 7-day SMA at 3.20 and 38.2% Fibonacci number at 3.95, with the support of a 21 percent increase on the trading volume to 145.6 million, and 7-day RSI of 61.52, which indicated a good bullish movement without overbought status. In the short-term, a position above the $3.71 support (50% Fibonacci) makes the structure up to a push of the structure towards the resistance of $4.24 and a fall below the support of $3.71 may cause a pullback of the structure to 3.20.

INJ

3.578

-7.52%