The crypto market appears to have recovered a little since after the plunge in the recent hours. However, the major crypto assets like Bitcoin price and Ethereum price are trying hard to sustain above $35,000 and $1000 levels respectively.
Surrounding the bullish trend, some of the crypto assets like INJ, RAMP, etc are performing high notably. Moreover assets like XRP, XLM, ADA also surge with a little margin.
Injective Protocol (INJ) Price
Injective protocol price shoots up high, forming a new all-time high as with the launch of the world’s first ever Tesla Stock futures trading on INJ’s Solstice Pro Testnet platform as announced on their official Twitter handle. The price jumped from as low as $0.36 to smash the current ATH, forming a new one at $5.74.
The INJ price at the time of writing is $5.38 with a jump of 17.89 percent in the last 24 hours. The price gained nearly 65% and topped the chart smashing all the resistance levels. The momentum of the assets appears to be very strong and more uptrend can be speculated in the coming days.
Technical indicators
- The asset is on it’s all-time high and hence, the resistance levels cannot be predicted.
- Teh support levels are formed initially at $4.37, later at $3.54
- The market sentiments are extremely bullish and hence, the technical indicators also point towards a ‘buy’ signal.
Ramp (RAMP) Price
The RAMP price initiated its bullish trend well before in the last days of 2020. However after a small jump, the price trended sideways until a major boost in the recent days that led to nearly 330 percent jump in the past week and more than 37 percent in the past working day alone.
RAMP price is very close to it’s all-time high at $0.2249 and currently at the time of writing, the price is $0.2243 with a massive jump of 36.61 percent in the last 24 hours. However, new ATH will be formed very soon.
Technical Indicators
- The resistance levels are formed at it’s ATH at $0.2249
- The support levels are formed at $0.11
- The technical indicators point are currently neutral
XRP Price
The XRP price has rebounded bullishly in the M-shaped pattern formed in the price chat. Currently, a couple of green candles have pointed towards a possible uptrend with the price in the coming days.
At the time of writing, the XRP price is $0.29 with a jump of nearly 3.19 percent in the last 24 hours. The price is expected to touch highs above $1 very soon irrespective of whether the SEC lawsuit will be for or against the Ripple.
Technical Indicators
- The current resistance levels are formed at $0.3628
- The current support levels are formed at $0.2604
- The technical indicators point out towards ‘sell’
Source: https://coinpedia.org/news/inj-ramp-and-xrp-price-shoots-up/
