My view on engine not financial advice.
With the introduction of the Jump Net sand the listing on Coinbase, Enjine will see a massive upturn towards the $4 mark as the bulls start buying. However there will be a lot of small investors also jumping on the bandwagon and as greed kicks in they will take their profits. (Who could blame them). This will casue a massive down trend to $2.50 or $2.12 support but will give an oportunity to buy back in and cause the price to settle with a $3 support and $3.50 resistance range.
There will be rallies for the coin to Moon back to $4 and $5 for a couple of months as the price consolidates into a flag untill the next bull run.
Overall there is profit to made or hold if you dont want the headaches at staring at screens and eventually the price will get to $12 by 2026!
With the introduction of the Jump Net sand the listing on Coinbase, Enjine will see a massive upturn towards the $4 mark as the bulls start buying. However there will be a lot of small investors also jumping on the bandwagon and as greed kicks in they will take their profits. (Who could blame them). This will casue a massive down trend to $2.50 or $2.12 support but will give an oportunity to buy back in and cause the price to settle with a $3 support and $3.50 resistance range.
There will be rallies for the coin to Moon back to $4 and $5 for a couple of months as the price consolidates into a flag untill the next bull run.
Overall there is profit to made or hold if you dont want the headaches at staring at screens and eventually the price will get to $12 by 2026!
Note
New trend analysis added on the 4 hour
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.