Injective (INJ) Faces Continued Bearish Trend, AAVE's Price Sees Potential Bullish Reversal: Experts' Analysis

According to analysis shared by crypto analysts Altcoin Sherpa and CryptoBull_360, Injective (INJ) and AAVE are experiencing notable price trends. INJ remains in a bearish phase, while AAVE shows signs of a bullish reversal.

Crypto analysts Altcoin Sherpa and CryptoBull_360 shared their insights on the price trends of Injective (INJ) and AAVE, revealing contrasting market conditions for the two tokens.

According to Altcoin Sherpa's analysis, INJ is still in a bearish phase, with lower highs and the price trading below key Exponential Moving Averages (EMAs). This suggests that the bearish momentum is yet to conclude, andINJ may continue to face selling pressure.

“I think that the chart is still bearish overall and I don't see an end to that quite yet. Lower highs across the board. Should bounce *somewhere* but I don't know where the real bottom is. Personally I doubt it reaches former ATH this cycle but I could be wrong.”

Highlighting the pattern of lower highs, the analyst suggests that the token’s inability to break past previous peaks indicates continuous selling pressure. The price is still trading below the 50, 100, and 200 EMAs, which further supports the negative trend.

Although a potential support zone has emerged where buyers could enter, Altcoin Sherpa expressed uncertainty regarding the location of the genuine bottom and his doubts about INJ reaching its previous all-time high (ATH) in this cycle. As the token approaches the support level, an increase in volume could suggest a temporary bounce, but the overall market sentiment remains bearish.

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On the other hand, CryptoBull_360's analysis of AAVE suggests a bullish outlook, supported by a harmonic pattern forming on the AAVE/USDT chart. This pattern indicates that the token has experienced multiple retests of a key support zone around the $115-$120 range.

The analyst anticipates a potential 30%-40% upside from this level, with targets set between $150 and $160. The rising volume at support indicates that buyers are accumulating AAVE, reinforcing the possibility of a bullish breakout.

“bulls getting stronger after major retest & bounce off from the support since last days, Expecting 30%-40% throwback from this zone, Volume rising as good momentum, Keep an eye on.”

Key Takeaways from Analysts’ PredictionsBoth analysts agree that while INJ may see temporary bounces, its overall bearish structure remains intact. On the other hand, AAVE is positioned for a possible bullish reversal, contingent on continued buyer interest and the support holding firm. These contrasting trends highlight the divergent market conditions for the two tokens.

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