Injective Price Prediction: Native USDC Goes Live and INJ Breaks Out Toward $6.50

• Injective confirmed native USDC is live, giving the network direct access to Circle’s $77B stablecoin ecosystem.
• INJ cleared all four EMAs in a single session with MACD holding its bullish cross for the third consecutive week.
• Futures OI jumped 32.47% to $151.67M while shorts absorbed $441.74K in 24-hour liquidations against $302.74K for longs.

Injective trades at $6.206 on May 29, breaking above every daily EMA in a single session after confirming native USDC is now live on the network, opening access to Circle’s regulated stablecoin liquidity for tokenized stocks and pre-IPO assets.

INJ Daily Chart: Cup and Handle Breakout With All Four EMAs Now Below Price

The daily chart has been building a textbook cup and handle formation since the December lows. The cup bottomed near $1.50 in early February and curve…

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