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Injective Rises 25.53% as Binance Futures Open Interest Falls 17%

Injective Rises 25.53% as Binance Futures Open Interest Falls 17%

Photo: TokenPost

At 6:51 a.m. ET (10:51 UTC) on Oct. 16, Injective (INJ) was up 25.53% over 24 hours on Binance spot at $9.18, after touching $9.36 earlier in the session. The move put INJ above its tracked seven-, 20-, 50- and 200-day simple moving averages and its 12- and 26-day exponential moving averages. INJ was $0.47 above the $8.71 upper Bollinger Band. The relative strength index (RSI) stood at 65.63, below 70; stochastic %K measured 94.12, compared with 75.29 for %D. The MACD and signal lines each read 0.3958, while the histogram was zero.

Source: TokenPost

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