Injective (INJ), Kava (KAVA) Shows Bearish Market Movement As Yachtify (YCHT) Keeps Surging Higher
Many cryptocurrencies have lost value during the bear season, such as Injective (INJ) and Kava (KAVA). Investors are looking for potential new technologies to invest in for the upcoming bull run because the price of current outdated coins is declining.
Yachtify has a lot of development potential and might very well end up being a blue-chip cryptocurrency.
Injective (INJ) High Withdrawal Fee Despite Bearish Run
The launch of the WazirX INR market for Injective (INJ) demonstrates the exchange's dedication to growing its offerings and giving customers a variety of trading options. The action is a big step toward satisfying the changing needs of the Indian crypto community and is a response to the rising demand for INR trading pairs.
Users could withdraw Injective (INJ) a few days after the listing, according to a recent blog post from WazirX, ensuring easy access to their money. The Indian exchange firm recently declared that it has stopped providing services of the Non-Fungible Tokens (NFT) marketplace, despite the positive news of the Indian Rupee's listing on the platform.
TheNewsCrypto media reports that the WazirX exchange charges a 30.43 USDT withdrawal fee for withdrawals of at least 60.80 USDT. In spite of this knowledge, Injective (INJ) has traded poorly during the last 24 hours. The price of the digital coin Injective (INJ) has dropped by 2.41%, and Injective (INJ) is now trading at $7.43; $7.38 acts as a support level, and $7.96 acts as a resistance level.
Market Structure Shows Kava (KAVA) Price Analysis
At the time of writing, Kava (KAVA) is ranked 99th on CoinMarketCap. The forecast for the price of Kava (KAVA) in 2023 is described below with a daily time period.
Horizontal channel patterns, commonly referred to as sideways trends, were put down by Kava (KAVA). The horizontal channel typically develops during a period of price consolidation. In this pattern, the price action is contained between the horizontally parallel upper trendline, which links the highs, and the lower trendline, which connects the lows.
As the buying and selling points are consolidating, a horizontal channel is frequently regarded as one of the effective patterns for timing the market.
The cost of kava (KAVA) was $0.7931 at the time of analysis. The price of Kava (KAVA) may rise to the resistance levels of $0.847 and $0.954 if the pattern trend persists. The price of Kava (KAVA) may drop to support $0.754 if the trend changes.
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Yachtify Revolutionizing Yacht Industry through Digital Finance
With its fractional private boat ownership model, Yachtify Protocol offers investors a special chance to participate in a maritime sector with numerous revenue sources that is recession-proof. By doing this, we let crypto users access the wealthy and powerful's private yacht market.
Yachtify is conducting a presale that is in Stage One and costs $0.1 right now. For as long as they have the tokens, presale investors can profit from a portion of the platform fees. In more tangible terms, they can profit from their ownership by renting out the yacht they own.
Investors can feel secure knowing that the liquidity will be permanently locked and that the Yachtify network has completed an InterFi network KYC.
Find out more about the presale:
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