Inj to $65, Dot to $12? Why Could These Altcoins Have a Bullish Second Half of the Year?

• Analyst Captain Faibik has identified bullish breakout patterns for DOT and INJ.
• The altcoins have potential ⁤targets of $12 ⁤and $65, respectively.

Captain Faibik, ⁢a crypto analyst, recently‌ tweeted about promising patterns in DOT and⁤ INJ. His‌ analysis suggested potential bullish momentum in the coming weeks⁤ for both cryptocurrencies.

INJ’s bullish breakout

Injective Protocol [INJ] has shown positive development on the ⁢3-day timeframe. Captain Faibik identified ⁢a breakout from a falling wedge pattern, followed by ⁢a‌ successful retest of the breakout ⁣level.

This development is considered a positive ​signal for traders.

The breakout ‌and retest occurred around the $22.00 ‌mark, reinforcing a ‍bullish forecast. The chart​ below ⁣shows higher lows ⁤and higher highs, ⁢indicating ⁤growing investor​ confidence.

According ‍to Captain Faibik, this pattern could lead to significant price increases for INJ.

At‍ press time,‍ NJ‍ was trading​ at $25.59 with‍ a 24-hour trading volume of $119,877,
482.

This represents 3.55% price increase in last ​24 hours ​but a 5.22%‌ decrease in last seven⁣ days.

DOT’s Falling Wedge Pattern

On other hand,, Polkadot [DOT] was consolidating within falling wedge pattern,
which ⁣often ⁣signals⁤ potential bullish reversals.
Captain Faibik noted that the chart’s ‍converging trend ⁣lines formed the wedge.
Support around ‍$4 has shown ​strong buying interest while ‍resistance around
$7-$7 marks an ‌important zone to watch.
Therefore potential breakout for DOT could be around
$12.

The analyst advised:
”Collect it for ⁢medium term before it’s too late.”
Meanwhile Polkadot’s price was trading ​at
$5 ⁢at press ⁣time with 24-hour trading volume of
$123787655 this represents1·41%⁢ price increase in last
twenty-four⁤ hours but6·68% price​ decrease in past seven days.

Key Levels For DOT INJI

The support level around four ⁢dollars has ⁣proven resilient for’;
DOT​ suggesting that buyiers are active at this point/
The upper trendline ofthe ‘wedge‍ acting as resistance is⁢ between Seven `and #7 .50

A break out abowe this resictncezone confirmes buyilhs line recovery from here

could ⁤double current priori targetaround twelve dollers’
For ⁢traders monitcring confirmed ⁢breakoutsis cricial.’
For DDT’; transfermeans ⁤watchingfora break ⁢above thupper ‘trendline with increaced drinkvolume,

Read polkado shit.paredictiontwenech evlan

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