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Injective price has surged 123% over the last month and it traded at $16.92 as of 8:30 a.m. EST.
But amid the recent uptick, the Injective (INJ) token is now forming a reversal pattern as it currently sits 2.8% below its previous 24-hour price, with holders looking to capitalize on the profits, causing selling pressure.
Looking at 4-hour INJ charts, the Relative Strength Index indicator has exited the overbought region and is currently on a downward trajectory. This show’s bearishness taking over as we also see the MACD reverting toward the red zone.
One-hour charts show that the 15-day moving average has exceeded the 5-day moving average to form a death cross. This indicates bearishness on the Injective price as bulls now face resistance at $17.9. Volatility levels on Injective prices are also high, as seen from the Bollinger bands, which are now diverging.
Injective Price: Technical Analysis
Meanwhile, as the Injective price faces risks of a reversal, TG.Casino continues creating a buzz with its ongoing pre-sale as more investors get on board.
TG.Casino’s Pre-Sale Approaches $1.8 Million Milestone
TG.Casino is approaching $1.8 million in its ongoing pre-sale for the TGC tokens. The platform’s commitment to providing a seamless and frictionless gaming experience has struck a chord with investors and players alike, contributing to the remarkable success of the pre-sale campaign.
TG.Casino’s approach to anonymous gaming via Telegram bots has been popular, allowing users to enjoy a hassle-free sign-up process and KYC-free transactions using a phone number.
This user-friendly feature has positioned TG.Casino as a frontrunner in decentralized gaming, providing players with an accessible and secure gaming environment.
Diverse Gaming Options and Token Benefits
TG.Casino has a minimum payment of $1 and no transaction fees. It has a lot of different games, like slot machines, table games, and a sportsbook with live streaming choices. Along with these deals, the current pre-sale of TGC tokens has gotten much attention because it offers the chance to earn a lot of APY and share in the profits.
Also, people who own tokens can look forward to benefits from the planned token buy-back scheme, which is meant to reward users and help the token’s value rise.
To further incentivize token adoption, TG.Casino brings exclusive benefits for players utilizing TGC tokens within the casino ecosystem. Notably, users can benefit from a generous 25% rebate on their losses, underscoring the platform’s commitment to rewarding and engaging its loyal user base.
As TG.Casino continues to gain momentum and attract significant interest, the platform remains steadfast in its commitment to delivering a secure, user-friendly, and innovative gaming experience for its players.
With more changes coming, TG.Casino’s future looks bright. As the Injective price faces risks of a reversal pattern, TG.Casino stands as an excellent alternative for investment as the token holds prospects of a massive rally after the pre-sale completion.
However, people should be careful of scammers who might try to take advantage of the pre-sale, and TG.Casino has taken multiple precautions to help investors in this regard.
❗ 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
Visit here and take part in the pre-sale.
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