Satoshi

Injective

Polkadot

Resistance

Coin

<p>Polkadot ($DOT) and Injective ($INJ) have exhibited notable price&nbsp;movements amid market fluctuations. Leading analysts have highlighted critical support and resistance levels for these tokens, suggesting potential opportunities for investors. Polkadot aims to solidify its position in the Real-World Asset (RWA) adoption, while Injective is showing signs of strength by reclaiming important moving averages.</p>
<h2 class="wp-block-heading" id="strong-polkadot-dot-price-analysis-strong"><strong>Polkadot (DOT) Price Analysis</strong></h2>
<p>Michaël van de Poppe, a crypto analyst, <a href="https://x.com/CryptoMichNL/status/1800496431930970502" target="_blank" rel="noopener noreferrer nofollow">emphasized Polkadot’s ($DOT) strategic focus</a> on becoming a leader in RWA adoption. According to van de Poppe, Polkadot is currently searching for higher timeframe support within the $5.50-6.00 range, presenting an ideal accumulation zone.&nbsp;</p>
<p>He noted, <em>“$DOT aims to be a market leader in RWA adoption through several projects within the ecosystem. The token is still looking for higher timeframe support, which we’re reaching here at $5.50-6.00.”</em></p>
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfrKr8d-wnJKU9Pam0Ib0ShkvRsaNFIh08ToZpNTPlCPc1dEOksj7PEl8d88RjOHOq9jyAtF6XwOe5RnsaCBM_rMfgStPCER3v2fboBHuB3_dX6B9i1xrH62l0FcS6r1VLT3f6ascvEfO_omAWdPOaWAQYW?key=kQuxCsNVFEoEPcWvRGd7Uw" alt="" style="width: 100%;height:auto">
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<p>Yakuza, another figure in the crypto space, <a href="https://x.com/YakuzaInCrypto/status/1800195488819421480" target="_blank" rel="noopener noreferrer nofollow">discussed the volatility affecting Polkadot</a>. He pointed out that $DOT broke down from its channel due to last week’s market movements. However, he reassured investors by highlighting a critical support level that could prompt a rebound.&nbsp;</p>
<p><em>“Due to last week’s volatility, $DOT broke down from this channel but the party isn’t over yet. A critical level of support lies right there on the chart, and price will see a rebound from that range in no time,”</em> he stated.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/crypto-analyst-warns-of-potential-top-for-pepe-meme-coin-as-price-nears-target-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Crypto Analyst Warns of Potential Top for PEPE Meme Coin as Price Nears Target – Here’s His Outlook</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-injective-inj-price-analysis-strong"><strong>Injective (INJ) Price Analysis</strong></h2>
<p>Turning to Injective ($INJ), CryptoJelleNL <a href="https://x.com/CryptoJelleNL/status/1800492483702669613" target="_blank" rel="noopener noreferrer nofollow">noted</a> that the token has reclaimed its 100-day EMA for the first time since April. This development is significant as $INJ broke its downtrend, rallied into key resistance, and faced rejection.&nbsp;</p>
<p>However, if the token holds above the moving average, a reclaim of $30 seems likely. “<em>For the first time since April, $INJ is reclaiming the 100-day EMA. If it can hold above the MA, I’m confident it’ll reclaim $30 soon,”</em> said CryptoJelleNL.</p>
<p>Trader_XO, another respected analyst, <a href="https://x.com/Trader_XO/status/1800482199839395856" target="_blank" rel="noopener noreferrer nofollow">shared his insights on $INJ’s</a> resistance levels. He noted that $31-32 remains a significant level of resistance for the token. Despite this, he expressed optimism for altcoins if $INJ can trade above this range.&nbsp;</p>
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<p><em>“For now, 31-32 continues to be a significant level of resistance. I was long from 22s – TP’d at 29s. Resistance until proven otherwise,” </em>he mentioned.</p>
<p>Polkadot and Injective are navigating through critical junctures in their respective journeys. While Polkadot focuses on solidifying its market position within the RWA space, Injective is working towards overcoming resistance levels.</p>
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<p>The post <a href="https://captainaltcoin.com/polkadot-dot-eyes-rwa-supremacy-injective-inj-reclaims-key-support-critical-price-levels-to-watch/" rel="noopener noreferrer nofollow">Polkadot (DOT) Eyes RWA Supremacy, Injective (INJ) Reclaims Key Support – Critical Price Levels to Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Polkadot (DOT) Eyes RWA Supremacy, Injective (INJ) Reclaims Key Support – Critical Price Levels to Watch

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