ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has broken above the resistance level in the ascending channel. The price can go for a Pullback before it continues the pump
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 4.285 - 3.911
☕️ TP1 4.566
🍺 TP2 5.139
🍻 TP3 5.581
🍾 TP4 6.100
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.911 - 3.581
Good Luck 🎲
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ENJ
₿ ENJIN Coin 1D ₿ : 23.Nov.2021 (ENJ)The price is currently breaking the dynamic resistance of its uptrend channel and after 8 months has managed to record a new ATH, congratulations to its holders ...
RESULTS :
Yield (Profit) from the first analysis and introduction: +120% ✅
Yield (Profit) since analysis 4 days ago: +37% ✅
ENJ Price Live Data
The live Enjin Coin price today is $4.12 USD with a 24-hour trading volume of $1,222,446,556 USD. We update our ENJ to USD price in real-time. Enjin Coin is up 22.50% in the last 24 hours. The current CoinMarketCap ranking is #53, with a live market cap of $3,439,815,838 USD. It has a circulating supply of 835,615,660 ENJ coins and a max. supply of 1,000,000,000 ENJ coins.
What Is Enjin Coin (ENJ) ?
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
Infuses them with a reserve value
Ensures their transparency and scarcity
Gives them instance liquidity
Provides utility in games and apps
Anti-inflationary
Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
You want to know more ?? Click on the source of it :
coinmarketcap.com
🕹️ ENJIN = Soon Top-15 🍊 Can ENJIN make it to TOP-15?
We think it will, the chances are increasing with the launch of smart contracts in the next 2 months(that's why it is trending), the launch of NFT.io and the fact that it is established as the LEADER in GAMING CRYPTO SPACE.
Metaverse is HOT and Enjin is involved in that too.
You can read a lot more on our previous Enjin posts below. Best thing about Tradingview is that it's all here, in one place. Nobody can fake it here since it's documented. :))) SUPER!
News:
🤖Enjin Forms $100M Fund to Support Metaverse Projects
The Efinity Metaverse Fund will aim to support work on metaverse projects on Enjin and Polkadot. www.coindesk.com .
Just another great development to support our analysis.🦾
Oh! and it's Carbon negative 🍏💚
Start your ENJINS if you haven't...
Get your ENJINS going if you have
the FXPROFESSOR 🕹️
(Once a gamer always a gamer)
Taking Another Look at ENJINA large curve (or parabola (I think)) can be drawn on the ENJIN chart, showing a previous point of resistance turning directly into a point of support
This point of support is further emphasized with a golden cross right on the line
This suggests the bull movement is not over, and price will continue to rise
The main structure can also be drawn as a symmetrical triangle, which also has a bullish nature
The circles I have mainly placed for fun, but a nice trendline up against the circles can be drawn, displaying the symmetry of the chart
I am long ENJIN
ENJUSDT Technical Analysis⏳ Spot
💎 ENJUSDT has formed an ascending channel. After several rejections from the support zone price is moving to the upper band of the channel. It has also broken out of the descending triangle. After the breakout we can expect more bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 3.699 - 3.387
☕️ TP1 4.190
🍺 TP2 4.788
🍻 TP3 5.372
🍾 TP4 6.000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.387 - 3.096
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
🕹️ ENJIN = Gaming Leader + NFT.io 🍊 (p2)Can ENJIN reach (Ripple XRP?
Our guess is YES, it should pass it to say the least.
facts: ENJIN will need to x16 from where it is today to catch XRP
Enjin has been and will be one of our top-5 favorites.
The price can keep growing (we see a target of 7$ for the next 5 months).
What's new?
Well here you go, this is a message from my direct communication with Enjin:
'' It's currently not possible to launch a token using Enjin.
Although we'll be releasing the smart contract feature for our sidechain, JumpNet . You'll be able to program smart contracts and release your own tokens.
enjin.io
We're looking to release it around the end of this year or early next year.
As for an NFT marketplace, we'll be launching nft.io You'll be able to set up your own marketplace. We're looking to launch it around the same time as the smart contact release''
Ladies and Gentlenmen,
Keep your ENJines going,
the FXPROFESSOR
ENJ can Create a NEW ATH! Here is why...Hi every one
ENJIN COIN / TETHERUS
ENJ has formed a Bullish pennant. This pattern is gonna Increase the Measured Price movement as much as the measured Price movement( Flag pole). since the break out has not happened yet, we shall wait for it to happen and after that take a Good amount of Profit,because we are talking about a NEW ATH!
Summery:
-ENJ is in a Bullish pennant
-Can Increase as much as the Flag Pole
-No break out yet!
-Creating a New ATH is Possible!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ENJUSDJust a quick heads up on ENJUSD. We recently hit short term lows and are now rebounding. This is something we can observe a lot of the time, and usually brings a good buy opportunity. This is not financial advice.
₿ ENJIN COIN 1W ₿ : 16.Nov.2021 (ENJ) #ENJIN_COIN is also reacted well to it's key support which is 2.2$ , i don't think that support will be lost easily , the next important target is 4$ ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
ENJ at resistanceENJ is part of metaverse and we all know this is the metaverse season, however I think it's hitting a daily resistance. I've seen multiple bearish DIVs at 4h timeframe on RSI, CCI, squeeze momentum indicator etc... despite there's a clear ascending wedge on
VLPR shows there's a good demand at these level which paired with volume rising could breakout this bearish DIV. Moreover ENJ is trending on LunarCrush meaning this could give him another push. On the other side I wouldn't enter it right now, I'd wait until price goes over the resistance, or get definitely rejected. In case it goes down 0.382 Fib would be the first level at which you should pick some of them.
Definitely it's a token to be watched!