Schlagwort: crypto business

• Injective price is up by over 5% in the past 24 hours, trading to an intraday high of $5.85.
• Bulls could gain towards $10 but that is contingent on breaching $6 resistance.
• INJ will ride broader market conditions and key network developments.

Injective’s native token is among the altcoins to post gains on December 8, 2025, rising more than 5% to highs of $5.85 as investor attention shifts ahead of a big week for risk asset markets.

INJ price looked to rise in a sharp rebound to $6, a level that provided the latest downward pressure on Dec. 4.

Notably, Injective’s surge arrives amid heightened trading activity.

Injective price rises to near $6 amid volume spike

Injective’s price trajectory has been in a downtrend since its all-time high of $52.75 in March 2024. As such, the token is $89% since that peak and 25% down in the past month.

However, the latest gains across the market have helped bulls, and INJ has rebounded from support around $5.

INJ traded at $5.71 at the time of writing, up more than 5% in the past 24 hours.

Bulls reached highs of $5.85 as they came close to the $6 psychological barrier. Trading volume also surged to $67 million, increasing by over 52% in the last 24 hours.

Why is Injective price up?

The token’s price gained alongside Bitcoin’s push to above $92,000, and Ethereum’s rebound above $3,100.

A similar uptick for the broader crypto market seems to have bolstered Injective.

Analysts have also attributed the spike to Injective’s recent integration with DexTools, exposing the chain to 15 million users for real-time asset monitoring.

Key appears to be momentum from Helix, a major decentralized spot and derivatives exchange for the INJ ecosystem.

The DeFi app’s upgrade that enabled gas-free, 24/7 trading of stocks, indices, and cryptocurrencies recently went live.

🌐 Trade RWAs on @HelixMarkets

Stocks, pre-IPO markets, commodities, FX — all tradable on-chain.

📊 Live markets:
$AAPL, $NVDA, $AMZN, $SpaceX, $TSLA, Gold and more! pic.twitter.com/ErlY5ZVXd3

— Helix 🧬 (@HelixMarkets) December 5, 2025

Meanwhile, the community has responded positively to a governance proposal and approval of a mechanism for on-chain equity pricing.

Moreover, traction across stablecoin deployments and real-world asset (RWA) initiatives has played a huge role.

INJ price forecast

Although the 24-hour high of $5.85 saw bulls flirt with $6, the technical picture is currently mixed. The broader price trajectory remains in a downtrend. An extension of this could spell doom for buyers.

The Relative Strength Index (RSI) hovers at 44 and below the neutral level.

However, the indicator is upsloping and signaling a potential breakout. On the other hand, the Moving Average Convergence Divergence (MACD) shows weak bullish momentum. The indicator flashed a bullish crossover recently.

Looking ahead, INJ’s path bifurcates between bullish breakouts and cautious consolidation.

In the short term, a breakout above $6 will allow bulls to target $8.22 and then $10. Conversely, a dip below $5.05 could spell danger for buyers.

 

The post Injective (INJ) jumps over 5% as price nears $6 amid volume surge and market rebound appeared first on CoinJournal.

• Zcash (ZEC) has surged into positive territory with double-digit advances over the past 24 hours.
• As ZEC hovers above $380, the privacy coin Monero (XMR) is down 2% at $372.
• XMR price earlier dropped to lows of $360.

Zcash and Monero, two top privacy coins, have witnessed differing price movements on Monday as the overall cryptocurrency market remained largely subdued.

Bitcoin hovered just above $92,000 ahead of the highly anticipated Federal Reserve meeting, while BNB, Solana, and XRP all looked to mirror Ethereum’s slight gains.

Nonetheless, bulls’ failure to ignite a widespread rally sees many altcoins hover well off recent peaks, including Zcash and Monero.

Zcash price sees double-digit gains

Zcash posted gains of over 12% as the token’s value jumped from around $334 to near $400.

Per data from CoinMarketCap, the privacy coin reached highs of $398 across major crypto exchanges, extending gains above $380.

While current prices of $383 are well off the recent peaks above $700, buyers may fancy new momentum as ZEC benefits from the sentiment that saw it switch from a laggard into a top-20 cryptocurrency by market cap.

A surge in shielded transactions, with Zcash positioned as a private alternative to Bitcoin, highlights the confidence. Open interest in Zcash futures sits at over $783 million, down from $1.3 billion in November.

However, robust speculative engagement is intact as seen in the past 24 hours, with liquidations hitting over $10 million.

Coinglass data shows 80% of 24-hour liquidations for ZEC are shorts, likely caught off guard amid the sudden price jump.

Should Zcash breach the $400 resistance, bulls may push toward $500 and target the year-to-date peaks. On the flipside, a breakdown below $370 could give sellers an upper hand.

Monero price risks fresh losses

In contrast to Zcash Monero has dipped in the past 24 hours.

The privacy coin fell to lows of $360 earlier in the day, and now faces an uphill battle after fresh rejections around the $380 mark.

XMR price is currently around $372 and shows a decline of nearly 2% in the past 24 hours and 10% in the past week.

Comparatively, the ZEC price is up more than 11% in the same seven-day period.

Losses for Monero extended to four consecutive bearish daily candles on December 7, 2025. Bulls are therefore looking to prevent a fifth red candle.

Yet, as bears have recently erased most of November’s gains to highs of $470.

The dip to $360 thus leaves Monero vulnerable to further erosion if support falters. As with other altcoins, the primary drivers of Monero’s malaise revolve around macroeconomic pressures.

XMR also trades in a broadening wedge pattern, and the area around $400 has proved key to bears.

Elsewhere, futures open interest has contracted to $54 million, down from $67 million on December 1, 2025, and from a recent peak of $98 million on November 10,2025.

The token has also dropped amid a double-top formation at $435, which means a short term dip to support in the $335 region looms.

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• The Bitcoin price is at $92,200 in intraday trading on December 8, 2025.
• The benchmark digital asset is slightly bullish after bulls suffered a negative tilt in November.
• While weakness continues to linger as price hovers near the $90,000 mark, eyes are on the US Federal Reserve.

Bitcoin is showing signs of bullish reversal, with the latest upside momentum pushing the BTC price above $92,000 as risk assets gain ahead of a key Federal Reserve meeting.

As stock futures rose ahead of Wall Street’s open on Monday, Bitcoin mirrored the move with a 3% rise to $92,220.

The technical picture shows a classic ascending triangle formation on the daily chart, suggesting a possible sharp upside move toward $95,000 and $100,000 in the coming days.

Meanwhile, Ethereum is currently above $3,100 and could eye $3,500-$4,000 area.

Across altcoins, the BNB price could jump above $1,000 after Binance’s major regulatory milestone.

Bitcoin gains amid Fed rate cut anticipation

On Monday, US stock futures recorded gains as investors weighed the Federal Reserve’s policy meeting on Tuesday and Wednesday.

While modest, the uptick aligns with major gauges’ consecutive weekly gains.

BTC has also tapped green in the past week after falling to lows of $80,000 amid a tough November.

Investors expect the Fed to cut interest rates, and markets are upbeat. 

The tame personal consumption expenditures (PCE) price index helped this outlook.

PCE is a key US inflation reading, and its print adds to the confidence that Fed Chair Jerome Powell will announce a rate cut this week.

Could Bitcoin bulls push for $100k?

Bitcoin experienced notable price swings over the weekend as the price plunged below the $90,000 mark before recovering swiftly. 

The initial dip saw a cascade of long-position liquidations that exceeded $170 million, but as shorts piled in, BTC flipped higher and caught over-leveraged bears off guard.

QCP Group analysts shared this price movement detail via X on Monday.

Asia Colour – 8 Dec 25

1/ $BTC swung between 88k–92k over the weekend while $ETH saw sharp two-way moves, reflecting how thin year-end liquidity has become. Liquidations were modest, highlighting how positioning has continued to unwind.

— QCP (@QCPgroup) December 8, 2025

As of writing, BTC is showing signs of steady accumulation above $92k. 

“Focus shifts to Wednesday’s FOMC,” QCP analysts noted. “A 25bp cut is priced, but balance-sheet guidance will guide risk. With $BTC still stuck between 84k and 100k, a break on either side could define the next major trend,” they added.

Support is from both institutional dip-buyers and retail accumulation, and a break in the $95,000-$105,000 region is likely.

Part of this is down to an ascending triangle pattern that has been developing on Bitcoin’s daily chart since mid-November. 

The pattern, accompanied by contracting volatility and rising spot demand, offers a bullish outlook.

In Bitcoin’s case, a decisive close above the $92k level will bring $95k into play and the $100,000–$101,500 resistance zone. 

Renewed macro liquidity signals, buoyed by a positive Federal Reserve policy, will aid further technical breakout.

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