Summary: ” To the analyst, it’s key that this week’s close solidifies the price recovery as it would position the cryptocurrency for a retest and confirmation of $104,400 as support and continue the build the base around this area to transition into the next multi-week Price Discovery Uptrend. Related Reading: Injective Prepares For Bullish Reversal Amid 25% Recovery – Analyst Forecasts Massive Breakout Additionally, he suggested that what comes after the upcoming uptrend will also depend on how long it takes, as it could lead to an extended cycle or a prolongation of this phase, which could push the cycle peak into deeper stages of 2025.
By Rubmar Garcia on 2025-06-27 09:00. Aggregated by Coinblockers.