Injective (INJ) Rebounds from $10 Support and Sets Its Sights on a Breakout Above $18 Resistance
Jakarta, Pintu News – Injective is starting to attract new attention in the crypto market as its ecosystem develops and its price moves.
While Bitcoin and most major altcoins continue to trade steadily above their support levels, Injective has started to show signs of strengthening indicating an uptrend could be imminent.
As of August 24, INJ was trading at $14.73, down just under one percent. Despite the slight drop, the token still maintains a market capitalization of $1.47 billion with a daily trading volume close to $145 million.
RWA Injective Trade to Jump 1,400% by 2025
According to Tron Weekly, one of the main factors driving optimism towards Injective is the surge in Real World Asset (RWA) perpetual trading on its network. According to Injective’s official account tweets, in January 2025, the weekly volume in this market was only around $7 million.
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By August, however, that figure had skyrocketed to $107 million – a remarkable increase of more than 1,400 percent. This surge confirms the growing interest in tokenized assets and demonstrates Injective’s increasingly important role in supporting the decentralized finance sector.
INJ price aims for $36-$52 if bullish breaks resistance
In terms of technicals revealed by analyst X by the name of Ranger Finance, INJ’s chart is starting to show positive signals.
INJ has just bounced sharply off the $10 support level, signaling a buying spree in the lower price range. Since then, the price has managed to break the short-term moving averages, with the next major resistance being around $17.80.
Meanwhile, momentum indicators such as the Relative Strength Index (RSI) are still in the neutral zone, giving room for this token to build further strength.
If the price manages to break the $18 level, higher upside targets could open up, with analysts forecasting a potential move towards $36 to even $52 if the bullish momentum continues.
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Injective Ready to Lead the Next Altcoin Rally?
With fundamentals and technicals aligned, Injective is likely nearing the end of its accumulation phase. Its closer association with the rapidly developing RWA trend, coupled with an improving chart structure, makes INJ a project to watch as the crypto market prepares for its next phase.
If this trend continues, INJ has the potential to be one of the featured altcoins leading the upcoming market rally.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Tron Weekly. Injective INJ Price Rebounds from $10 Support, Eyes Breakout Above $18 Resistance. Accessed on August 25, 2025
