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Enjinbtc

Enjin Coin / ENJ analysisThe price of ENJ is $0.45 today with a 24hour trading volume of 202 million dollars. This represents a 9% price increase in the last 24 hours and a 88% price increase in the past 30 days. Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is gaming community platform with over 250,000 gaming communities and 18 million registered gamers. The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits that developers can integrate into their games and communities. Enjin partnered with some big companies last year, Samsung (keystone blockchain) , Microsoft (Azure Heros), Atari and Unity (games dev) and BMW (app). but now lets look at the chart,we have a GOD monthly candle which shows bulls turned on their engines and ready for higher levels now as you see enj is at its fist resistance 0.45 and trying to break it, if bulls manage to break it then the next target is 0.55 and 0.6
Long
by moonypto
7
ENJIN COIN WARMING UP ITS ENGINESGood morning all We will be looking at the ENJ/USDT pair this time around Lets begin! In our previious analysis we pointed out regions where price could bottom out for enjin coin, as shown below; Price is trading at that level currently and we have ourselves a Regular flat correction in play judging by the price action. In theory a regular flat has it's C wave to be 61.8%, 100%, or 123.6% of wave AB. So far we have a 100% retracement leaving us with our worst case scenario zone aligned with the 123.6% fib support level. That said, this is a very good buying opportunity (don't take my word for it) Our targets for the 5th wave fall within the $12-$15 dollar range depending on where the bottom will be. Past analysis linked below PLEASE APPLY PROPER RISK MANAGEMENT! If you agree with the idea, pls like, share, and comment your thoughts below. As always, feedback is appreciated!
Long
by RektMyMom
8
ENJIN COIN RE-ANALYSIS (GLOBAL TARGETS)In our last Enjin coin analysis, we talked about how the price could go up to $6 dollars. Today we will be talking about higher targets in our re-analysis. Visit the previous analysis for inights(will also be linked below) As we can see, price action is in a large ascending channel, one which price has continuously respected on each touch Currently in a larger degree ABC correction wave (wave 4 correction wave) we can see that price hasn't yet touched the 0.618 fib level of our wave AB, which should be the first step to determining which type of correction we're currently in. Wait for price to come back down to the .618 region before making any buys, and wait for the touch of the channel support before going long. If you agree leave a like and share your thoughts and views in the comments. Feedback is always appreciated.
by RektMyMom
3
Enjin Coin Price AnalysisThe 4-hour chart shows that the Enjin cost has opposed odds in the past few days. While most coins have slammed, Enjin has kept a somewhat bullish pattern. It is even only a couple of points beneath its most elevated level this year. The coin has additionally moved over the rising, It also seems like it is forming an ascending triangle pattern. This pattern is usually a bullish sign. The Relative Strength Index (RSI) has risen while the price is above the 25-day moving average. In this manner, Enjin will probably continue to ascend as bulls target highs of $3.6, which is around 16% over the current level. This analysis will be negated in the event that it falls beneath $2.5. Hello, community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts.
KRAKEN:ENJUSD
by thomasfullerofficial
1
ENJUSD Price AnalysisThe daily chart shows ENJ cleared trend resistance at $1.7800 on the 20th. Furthermore, the price pulled back and bounced from trend support after breaking out, reinforcing its validity. After successfully retesting the trend, Ejin surged above the September high of $2.3325, now the first support. Below $2.3325, the 20, 50, 100, and 200-DMA’s join the trend (now at $1.6600) to create significant confluent support. However, the Relative Strength Index (RSI) reading of 78.05 tells us the rally is overdone in the near term. On the other hand, cryptocurrencies have a habit of over-extending for long periods before correcting. Nonetheless, the elevated RSI reading could be significant. If Enjin coin retraces below $2.3325, it could trigger a reversal, targeting the trend support. But for now, the likeliest scenario is a squeeze higher, which in my opinion, will ultimately prove unsustainable. However, as long as ENJ holds $2.3325, it will likely go higher, but a close below $2.3325 could derail the immediate bullish outlook. Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
BINANCE:ENJUSD
by thomasfullerofficial
ENJIN- Our Selected Trade for the Weekend is CARBON NEGATIVE! 🍏If the weather is nice (if Bitcoin rises and the rest follow) then ENJIN will deliver. If the weather will be bad during the weekend (Bitcoin drops and everything elses follow) then ENJIN will not drop as much as the rest. Why? Because the charts looks much better than the rest of my favorites, including Ada, Sia, Vet and Celo. Let's hope the weather will be good. NEWS: Enjin said it sold $20 million in EFI tokens through a public sale on CoinList. Held on June 24, Enjin said there were 40,089 participants in the sale who purchased the EFI tokens in just two and a half hours. EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens (NFTs). Despite a recent dip in the crypto market, the sale indicates continued interest in getting in early on new tokens. The Efinity blockchain platform supports NFTs from any blockchain, including Polkadot, Kusama, Ethereum, Enjin’s JumpNet and more. “NFTs are the future of digital ownership,” said Enjin CEO Maxim Blagov. “Efinity will provide the infrastructure needed to harness NFTs with ease, and allow creators to focus on the creative process.” and more GREAT NEWS : Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate. The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate Agreement, the Accord was established in April to address the "large and growing energy consumption of cryptocurrency and blockchain, and the climate impact of their energy use.” Enjin claims that its JumpNet blockchain has already achieved carbon-negative status nine years ahead of schedule. In March, the company said it planned to enable carbon-neutral NFTs by 2030. the FXPROFESSOR
Long
by FX_Professor
5