INJ May Retrace and Fall to 0.382 Fib Level, Warns Crypto Analyst
A crypto analyst under the pseudonym Woetoe warns the community that INJ may face retracement. INJ is priced at $13.41, after facing a fall of 2.49% in one day. Previous selling activity of INJ suggests that it may fall even below the 0.382 Fib level. A crypto analyst under the pseudonym Woetoe recently took to X to share his Analysis for INJ. While investors expect a bullish trend on INJ, Woetoe believes a retracement to the support and the 0.382 fib level would “make a lot of sense.” The crypto analyst also stated that he is not “longing here.” It seems that Woetoe’s Analysis may be right as INJ, today, faced a fall of 2.49% in one day. According to CoinmarketCap, INJ is priced at $13.41, at the reported time. Despite the downfall observed in 24 hours, the altcoin still maintains a 19.96% spike in seven days as it trades in the green section of the chart. The slight downfall could be a response to its overbought trading activity. Traders be...