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The injection injection completes the reverse and shoulder style: Is $ 17 the next goal?

  • BEN trades between $ 12.94 and $ 14.87 with a strong upward and 11 % on a 11.75 % gain.
  • The reverse head style and the shoulders are completed, with higher prices than the reclaimed neckline.

By injection, I have seen the momentum of the original symbol signal in the symbolic release signal market. During the Asian trading session, digital assets opened the market price of $ 13.96, which continued to rise, which led to the continuous procedure of the health price.

The current market movement was revealed by injection

It follows the current market path as of the time of the press, Coinmarketca data indicates that injections at $ 14.48, and gained 11.75 % in the past 24 hours. The market value was $ 1.44 billion, an increase of 11.75 %. The trading volume increased by 37.49 %, with a total of 256.63 million dollars during the same period, as the fully distinctive symbol assessment is $ 1.44 billion.

The price of the price shows a fixed climb from $ 12.97 to the current level. A noticeable increase occurred overnight, which led to the maximum volume to the market by 17.58 % in only 24 hours. During this session, she recorded her lowest level over 24 hours at $ 12.94 and reached $ 14.87. This range of $ 1.93 reflects strong fluctuations in the day inside the market, as they steadily move the price between these two levels throughout the trading period.

Reverse reverse, shoulders, and upward eyes

After this strong performance, the market analysts have formed whether the current trend will continue, which may reach new levels. According to the technical analysis conducted by Alpha Crypto, the injection (ing) completed the formation of a reverse head and shoulders on the daily time frame, indicating the structural strength.

The symbol returned to the neckline level and then continued, which confirmed that the pattern was still valid. The height was accompanied by a larger trading volume, as stability in the price above the breakdown point made the penetration more reliable.

A deeper analysis of its note indicates that Inj has recently rose above $ 13 and follows the rising trend line. EMA has crossed for 50 days over SMA for 100 days. The analyst expected a price movement within an upward channel towards the level of $ 17.

Ing keeps a company over the neckline area, which was previously strong resistance. This level has now turned into support. The price maintains a strong and strongly over this area, which continues to support the current trend.

Data shows that trading interest has risen since the outbreak of the neckline. The increasing prices with size show the continuous trend strength. Recently, there has been no decline in the direction, indicating that the momentum is still strong in the daily structure where trading occurs mainly near the levels of penetration.

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