Is Injective (INJ) Gearing Up for a Bullish Rally? This Fractal Saying Yes!

Date: Sun, July 06, 2025 | 12:40 PM GMT

As Q3 kicks off, the cryptocurrency market continues its impressive rally from Q2. Ethereum (ETH) is leading the charge, trading near $2,515 with a weekly gain of over 3%. Riding this momentum, many altcoins are setting up for potentially big moves — and Injective (INJ) is showing one of the most promising technical structures right now.

INJ has already climbed more than 59% in the past 90 days. But beyond the numbers, what’s catching more attention now is the striking fractal pattern that INJ is forming — one previously seen in Chainlink (LINK) before its explosive rally in late 2024.

Source: Coinmarketcap

Fractal Suggests Bullish Reversal Ahead

Looking back at LINK’s 2024 chart, it had endured a prolonged downtrend that culminated in a clear head-and-shoulders top formation, followed by a multi-month consolidation phase. The crucial moment came when LINK found strong support in a gray demand zone near $8.50, then reclaimed both its 50- and 100-week moving averages. This confluence of signals triggered a powerful 200%+ rally, eventually sending LINK soaring to $30.

Injective now appears to be tracing a nearly identical pattern.

The price action recently tested INJ’s own demand zone near $9 — an area that previously acted as strong support — and has since bounced to a current price of $10.86. Much like LINK did in the past, INJ’s price is now compressing just below the 100-day moving average, which sits around $12.01. A decisive move above this level could be the breakout signal Injective needs to flip its momentum from bearish to bullish.

What’s Next for Injective (INJ)?

While technical setups don’t guarantee outcomes, crypto markets have a strong tendency to repeat familiar fractals — especially when broader sentiment is turning positive. If Injective follows a similar recovery path to Chainlink, a breakout above $12.01 could mark the beginning of a significant uptrend.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.