Satoshi

Injective

Avalanche

<p>The cryptocurrency market is showing promising signs, with Injective (INJ) and Avalanche (AVAX) exhibiting strong bullish trends. Of course, all of this is fueled by most recent news on <a href="https://www.cnbc.com/2024/05/21/crypto-market-today.html" target="_blank" rel="noopener noreferrer nofollow">approval odds of ETH ETFs.</a></p>
<p>The INJ price is reclaiming previous highs, while the AVAX price is poised to break key resistance levels. Both tokens have shown notable performance, supported by robust metrics and fundamentals.</p>
<h2 class="wp-block-heading" id="strong-injective-inj-price-analysis-strong"><strong>Injective (INJ) Price Analysis</strong></h2>
<p>Jelle (@CryptoJelleNL) highlighted a bullish divergence for INJ, which has propelled prices above previous cycle highs. This movement indicates a successful retest of weekly support. If INJ reclaims the $30 mark, it could regain favor within the crypto community. Currently, INJ is trading at <a href="https://coinmarketcap.com/currencies/injective/" target="_blank" rel="noopener noreferrer nofollow">$28.07</a>, up 9.88% in the last 24 hours.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The daily bullish divergence for <a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$INJ</a> is playing out — pushing prices back above the previous cycle highs.<br><br>Looks like the retest of weekly support was a success.<br><br>Reclaim $30, and INJ can become a CT favourite once more. <a href="https://t.co/Gk37U37R4w" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Gk37U37R4w</a></p>— Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1792839835075695001?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 21, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Crypto Banter (@crypto_banter) <a href="https://x.com/crypto_banter/status/1792556618950885513" target="_blank" rel="noopener noreferrer nofollow">noted INJ’s performance</a> during the previous bull run. Despite a drop of over 60%, the current market environment presents a lucrative opportunity for investors. The recommended entry point is at the current market price or within the $25-26 range. The suggested profit-taking levels are $29.2, $35, and $45, with a stop loss at $23.17.</p>
<h3 class="wp-block-heading" id="strong-injective-developments-strong"><strong>Injective Developments&nbsp;</strong></h3>
<p>Injective’s 150th burn auction is <a href="https://x.com/injective/status/1792689876082872383" target="_blank" rel="noopener noreferrer nofollow">scheduled</a> for May 22nd, aiming to burn approximately $322,000 worth of INJ. This event underscores Injective’s commitment to enhancing token value and scarcity.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/expert-predicts-epic-altseason-if-bitcoin-btc-dominance-breaks-this-pattern-shares-top-5-altcoin-picks-kaspa-kas-bittensor-tao-and-others/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Expert Predicts ‘Epic Altseason’ if Bitcoin (BTC) Dominance Breaks This Pattern: Shares Top 5 Altcoin Picks – Kaspa (KAS), Bittensor (TAO), and Others</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-avalanche-avax-price-analysis-strong"><strong>Avalanche (AVAX) Price Analysis</strong></h2>
<p>Avalanche (AVAX) is also displaying a bullish outlook. Following pumps in Bitcoin and Ethereum, AVAX is attempting to break its April/May highs. Current trading at <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noopener noreferrer nofollow">$40.70</a>, AVAX has surged 13.02% in the past 24 hours. CryptoKaleo (@CryptoKaleo) and Emperor Osmo (@Flowslikeosmo) both <a href="https://x.com/Flowslikeosmo/status/1792760641624977676" target="_blank" rel="noopener noreferrer nofollow">foresee</a> AVAX achieving notable price milestones, potentially reaching $100.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AVAX</a> is going to pull something like this on the <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> pair but you wouldn't bullieve it <a href="https://t.co/6bEws7OH56" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/6bEws7OH56</a></p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1792741673644216460?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 21, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h3 class="wp-block-heading" id="strong-strategic-positioning-and-market-dynamics-strong"><strong>Strategic Positioning and Market Dynamics</strong></h3>
<p>AVAX’s strategic positioning is further strengthened by its exclusion from the recent SEC lawsuit, which classified many other tokens as securities. Additionally, AVAX’s partnerships with major banks, such as JPMorgan, enhance its credibility and potential for an ETF candidacy.</p>
<p>0xSpartacus (@iam0xSpartacus) <a href="https://x.com/iam0xSpartacus/status/1792685618763272612" target="_blank" rel="noopener noreferrer nofollow">emphasized</a> AVAX’s strong regulatory positioning, making it a likely candidate for an ETF following Ethereum.</p>
<p>Both Injective and Avalanche are showing strong bullish trends supported by solid fundamentals and favorable market conditions. Injective’s successful support retest and upcoming burn auction, alongside Avalanche’s resistance breakout and strategic positioning, suggest that these tokens are well-placed for gains.&nbsp;</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/injective-inj-price-aims-to-reclaim-30-on-bullish-market-trends-avalanche-avax-predicted-to-soar-to-100-amid-etf-calls/" rel="noopener noreferrer nofollow">Injective (INJ) Price Aims to Reclaim $30 on Bullish Market Trends; Avalanche (AVAX) Predicted to Soar to $100 Amid ETF Calls</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Injective (INJ) Price Aims to Reclaim $30 on Bullish Market Trends; Avalanche (AVAX) Predicted to Soar to $100 Amid ETF Calls

Table of Contents

CaptainAltcoin

Other articles published on May 21, 2024

Support from DWF Labs for the Altcoin Hacked Yesterday, Price Recovered!

BNB Chain Launches Trading Volume Incentive Program, Offering Up To US $250K (21 May)

Crypto: Ethereum initiates a historic rally for Altcoins!

Central Bank of Brazil Targets Complete Crypto Regulation by 2024

Ethereum Soars 18% As Bloomberg Ups The Odds Of SEC Approving Ethereum ETFs To 75%

Why Ethereum Holders Love This Altcoin

Join our free newsletter for daily crypto updates!