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Injective price jumps as bulls extend gains amid Bitcoin spike

  • Injective (INJ) price is extending gains above the $10 mark, currently trading above $13.60 driven by Bitcoin's rally above $105,000 and real-world asset tokenization catalysts.
  • Injective is among the top-performing altcoins as bullish momentum sweeps through the market, with increased speculative interest in projects like Injective due to macroeconomic optimism and regulatory progress.
  • INJ technical outlook is largely bullish, with the daily RSI indicating potential for more gains, and the MACD showing a bullish crossover, targeting levels around $16 and $20 if the momentum continues.
  • Injective's focus on decentralised finance and real-world asset tokenization, coupled with strong institutional demand and the growth of the RWA ecosystem, may further boost INJ's price momentum in the near term.

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