Injective (INJ) Price Is Coiling Up for a Monster Move – Will It Be 2025's First Major Altcoin Breakout?

Injective (INJ) is starting to draw interest again. While Bitcoin's still calling the shots in the market, INJ price is showing some interesting signs that momentum might be shifting.

Injective (INJ) is heating up again as Bitcoin takes a pause, and one analyst is seeing the signs of a potential 'monster move' for INJ price in 2025.

As traders discuss the possibility of an altcoin rotation, one X user is highlighting the bullish signals on the chart and in INJ’s fundamentals.

According to Dark Knight, who is known for his technical analysis skills and cryptocurrency market predictions, the project’s ecosystem has become stronger throughout the last bull run. He says the community is still standing strong, and the technology has advanced significantly since the last bull cycle.

According to the analyst, once INJ price manages to break through its previous all-time high, it could propel upwards to reach another key price target.

What Is The 1-Day Chart Showing?

The 1-day chart shows INJ price trading at $9.32. This comes after a recovery from $6.64, which is now immediate support.

Price has also crossed the 50-day simple moving average (SMA) at approximately $9.08, a move that is often seen to precede a change in trend.

Several Fibonacci retracement levels have been plotted from a previous high-to-low move. These levels are usually areas where price shows signs of pausing or reversing.

The 0.786 Fib is at $10.97, which is a key level to watch. If this resistance breaks, it could open the way toward $14.30 and higher levels at $16.75, $19.14, and $22.10 respectively.

Volume Shows Early Accumulation

Volume has been steadily increasing as Injective price pushed higher from its recent bottom. This rise in volume could indicate growing interest and possible accumulation in the coin.

The MACD indicator shows a positive crossover, with the MACD line moving above the signal line and the histogram turning green. This technical condition is often seen to mark the beginning of a new leg of a trend.

While short-term price action is still below key resistance levels, these early signals are being monitored closely by those in the know.

A move above $10.97 could accelerate bullish momentum and create further upside potential in line with previous cycles.

Known For His Technical Analysis

The chart and tweet from Dark Knight provide context for INJ’s current price behavior.

The post highlights the long-term growth of the Injective ecosystem and anticipates a strong move once price clears previous highs.

Those in the comments section seem optimistic about the project’s prospects and the potential for a significant breakout. However, it’s clear that current price action will need to break through key resistance levels for this bullish case to continue.

As the crypto market anticipates major altcoins to step into the limelight in 2025, the coming weeks will be crucial in determining INJ’s position in the next breakout cycle.