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Injective (INJ) surges 25.53% on Binance, breaking key moving averages and hitting $9.18.

Technical Signals
16 Oct 2026
Tokenpost
View Source
Bullish
Injective (INJ) surges 25.53% on Binance, breaking key moving averages and hitting $9.18.

Injective (INJ) experienced a significant price increase of 25.53% within 24 hours on Binance spot trading, reaching $9.18 and earlier touching $9.36. This surge pushed INJ above its seven-, 20-, 50-, and 200-day simple moving averages as well as its 12- and 26-day exponential moving averages, signaling strong upward momentum. Technical indicators such as the RSI and stochastic %K suggest the asset is gaining strength but not yet overbought. Meanwhile, Binance futures open interest declined by 17.04%, indicating some futures positions were closed amid the price rise. This price action highlights growing investor interest and potential bullish sentiment for INJ moving forward.

Injective (INJ) is trading at Rp154,557 on Pluang as of Oct 17, 2026 02:41 WIB, showing a more modest 1.77% increase compared to the 25.53% surge reported on Binance spot. Despite this smaller rise, INJ maintains strong buying interest on Pluang with 64% buy orders and a typical hold time of 38 days. Its market cap stands at Rp15.45 trillion, highlighting its significant presence relative to its trading volume of Rp5.48 trillion in the past 24 hours.

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