Enjin Network, a social gaming platform presents huge potential to rally to new highs fueled by the recent hype around NFT wherein Beeple’s NFT was sold for ~$69 Mn.
ENJ Coin has been forming a Falling Wedge Formation.
On 4 Hr Time Frame, Enjin Coin has been trading in the Flag formation since March 15. It has given a decent breakout from the pattern and is currently trading above 20 and 50 EMA.
The support to the lower side is present $2.2 and is most likely to give targets of $2.78 followed by $3.
ENJ Coin has been forming a Falling Wedge Formation.
On 4 Hr Time Frame, Enjin Coin has been trading in the Flag formation since March 15. It has given a decent breakout from the pattern and is currently trading above 20 and 50 EMA.
The support to the lower side is present $2.2 and is most likely to give targets of $2.78 followed by $3.
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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.
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.