Injective Price Surge
The price of Injective has increased by 123% in the last month and is currently trading at $16.92 as of 8:30 a.m. EST.
However, despite this surge, the Injective (INJ) token is showing signs of a reversal pattern and is now 2.8% below its previous 24-hour price, leading to selling pressure from holders looking to capitalize on profits.
When you look at the 4-hour INJ charts, the Relative Strength Index indicator has moved out of the overbought region and is now trending downward, indicating a bearish trend. Additionally, the MACD is also moving towards the red zone, further confirming the bearish outlook.
On the one-hour charts, the 15-day moving average has crossed above the 5-day moving average to form a death cross, signaling bearishness for the Injective price. Bulls are now facing resistance at $17.9, with high volatility levels indicated by diverging Bollinger bands.
Technical Analysis
At the same time, as Injective price faces potential reversal risks, TG.Casino’s pre-sale for TGC tokens is nearing a $1.8 million milestone.
TG.Casino’s Pre-Sale Success
TG.Casino has been successful in its pre-sale for TGC tokens due to its commitment to providing a seamless and frictionless gaming experience, attracting both investors and players alike. Its approach to anonymous gaming via Telegram bots has been well-received for its user-friendly and secure gaming environment.
Diverse Gaming Options and Token Benefits
TG.Casino offers diverse gaming options with minimal payment requirements and no transaction fees. The ongoing pre-sale of TGC tokens presents an opportunity for users to earn significant APY and share in profits. Additionally, token holders can expect benefits from a planned token buy-back scheme.
To further encourage token adoption, TG.Casino provides exclusive benefits for players using TGC tokens within the casino ecosystem, including a 25% rebate on losses.
As TG.Casino continues to gain momentum and attract significant interest, it remains committed to delivering a secure and innovative gaming experience for its players.
Hot Take: TG.Casino vs Injective Price
While Injective price faces potential risks of reversal, TG.Casino emerges as an alternative investment with prospects of a massive rally after the pre-sale completion. However, caution should be exercised against potential scammers taking advantage of the pre-sale.
❗ BE AWARE OF SCAMS❗
As TGC grows, we are seeing an uptick in scammers targeting $TGC holders.
Please note:
❗ We will NEVER DM you.
❗ This is the only TG Casino X Account. (There are no support accounts)
❗ We only have one TG Casino TG Channel. All links on website.— TG Casino (@TGCasino_) November 1, 2023
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