ENJ
ENJ/USDT bullish horizon? 👀 🚀 ENJ Today analysis💎 Paradisers, direct your attention to ENJUSDT as it showcases a captivating trajectory within the demand zone, suggesting a heightened likelihood of an upward trend.
💎 ENJ is consistently demonstrating robust momentum above the em100, further bolstering its potential for an upward journey. A notable resistance awaits at the supply level of .2410.
💎 Surpassing this threshold amplifies the probability of challenging a more formidable resistance. However, if the market presents a significant rejection and the price doesn't surpass the previous high, there's a chance for a bullish continuation from the current demand level.
💎 A breach below this demand zone could tilt the balance towards a more pronounced downward trajectory.
ENJ's Bullish Wedge: Unlocking ATH🎮💹Enjin (ENJ), a distinctive contender in the cryptocurrency arena, is currently in the midst of an exciting journey, setting the stage for potential surges in value. 🎮💹
Soaring to New Heights: ENJ's Redemption
Enjin, known for its association with the gaming industry, has weathered its fair share of challenges. However, like a protagonist in a captivating storyline, it's now ready for a remarkable comeback.
Gaming Meets Blockchain: A Powerful Combo
The fusion of gaming and blockchain technology is a match made in heaven, and Enjin is a front-runner in this game-changing fusion.
Chart Analysis: A Glimpse into ENJ's Future
A close examination of the charts reveals that Enjin is showing signs of life. The formation of a significant bullish pattern, the falling wedge, hints at a potential breakthrough.
Trading Strategy: Navigating ENJ's Ascension
For traders, recognizing Enjin's potential within the gaming and blockchain spheres should influence their trading strategies. Keeping an eye on pivotal indicators, staying updated with the latest news, and monitoring gaming partnerships are essential.
Conclusion: Enjin's Epic Journey
As Enjin redefines its narrative, it stands on the precipice of an era that could have profound ramifications. The convergence of gaming and blockchain, combined with the potential resurgence of the cryptocurrency market, positions ENJ as a project with a bright future.
🎮 Gaming and Blockchain | 📈 Cryptocurrency Surges | 📊 Trading Insights | 🚀 Price Targets
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ENJ/USDT potential shift? 👀 🚀 ENJ Today Analysis💎Paradisers, gear up for a potential golden opportunity with ENJUSDT! Our observations show that it's navigating within a symmetric triangle, firmly holding onto a pivotal support level, hinting at an upcoming bullish phase.
💎Over the past month, ENJUSDT has been maneuvering within this tight triangular formation, with a crucial support at 0.2160. Our current outlook suggests a possible retest of this support zone before embarking on an upward journey. A breach of this structure would further solidify the bullish narrative.
💎 However, should the support falter, expect a pronounced downward shift. In such a scenario, strategize for a short entry post-retest.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
4 Gaming Projects With 4-10x Growth Possibility!!!1. CHZ
Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands.
2. RNDR
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out.
3. ILV
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.
4. 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.
The possibility of falling to the bottom of the channel for ENJIn the daily time, this currency is in a sideways trend, but in the 4-hour time, it is in a falling trend.
An important range for the support of this currency is the neck line, and if this range is broken, there is a possibility of falling to the bottom of the trends.
In the best case, this currency will grow up to the previous peak and after that there is a possibility of falling, although it is too early to say this.
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ENJ short period analysis NYSE:ENJ
Short period analysis ⏰
Simple s/R 💘 ☺️ 🎮🎯
Weekend candle was opened 😂 Strong below 📍 turn 💯 bearish 🛑
1st box 📍 is not big deal 🤝 but we see some pressure in lower time frame #LTF
$0.32-0.33 WILL be the 1st target 📌
In High time frame #HTF big yellow 🟡 box play key 🗝️ role 🙂
I don't think 💬 it will break so don't keep hopes on this coin too much bullish 😂
$0.44-0.544 will be my 2nd final Target 🎯
Let's watch 👀 how PYR liquid 💰 will support here 👍
ENJUSD +20% profit potential on this buy opportunityEnjin Coin (ENJUSD) broke last week above the top (Lower Highs trend-line) of the Descending Triangle pattern that has been in effect throughout the whole year. This is a major bullish break-out signal and despite the rejection on the 1D MA50 (blue trend-line), the price action being similar to the June fractal, provides a strong short-term buy opportunity.
Even on 1D RSI terms, the fractals are identical and it appears we are at the stage of the final leg up as this pull-back is completed. This gives a profit potential of +20% and as a result, our short-term target is 0.30000.
ENJ can turn bullish on the long-term only if a weekly candle closes above the 1W MA50 (red trend-line), which has been the long-term cyclical Resistance since February 2022 and is currently about to test Resistance Zone 1 and the 0.382 Fibonacci level. If we get this closing above it, we will buy again and target 0.43000 (Fibonacci 0.618).
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Enjin Coin next move? ?👀 🚀ENJ Today Analysis💎 ENJ/USDT is making fascinating strides as we observe a fair value gap and an upward imbalance, indicating potential bullish momentum.
💎 A retest of the trendline has been completed. If the price breaks this trendline, we could see a downward shift of approximately -12%.
💎 Currently, the price is forming an overlapping structure, and the RSI is indicating upward momentum this presents a promising trading opportunity
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
ENJ/BTC - Enjin Coin: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the NYSE:ENJ / CRYPTOCAP:BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0000126 | 0.00001285 | 0.00001347 and the major support zones are at 0.00001198 | 0.00001161 | 0.00001099. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 110
▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001255 ₿
▣ 24HVol: 5.181 ₿
▣ 24H Chng: 2.033%
▣ 7-Days Chng: 0.11%
▣ 1-Month Chng: -9.75%
▣ 3-Months Chng: -22.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000126 | 0.00001285 | 0.00001347
◢ Support: 0.00001198 | 0.00001161 | 0.00001099
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -3.19
▣ Last 90D: -0.88
▣ Last 1-Y: -0.29
▣ Last 3-Y: 0.76
◲◰ Volatility :
▣ Last 30D: 0.45
▣ Last 90D: 0.73
▣ Last 1-Y: 0.87
▣ Last 3-Y: 1.34
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
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ENJ📊 #ENJUSDT
⏱ TIME: 1D
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 0.295 $
📍The second buying limit: 0.255 $
📌TP1: 0.54 $
📌TP2: 0.75 $
📌TP3: 2.1 $
📌TP4: 5 $
ENJ/USDT - Enjin Coin: BBand_Breakout Super-Trend◳◱ A Bollinger Band breakout and a Super Trend pattern have been noticed on the NYSE:ENJ / CRYPTOCAP:USDT chart, indicating a bullish trend. The Bollinger Band shows a probable positive trend as the price has moved outside of the upper band, while the Super Trend confirms the bullish trend. To buy at the current price range and aim for higher levels would be a solid option. The key resistance levels are located at 0.4718 | 0.4931 | 0.5477, and the major support zones can be found at 0.4172 | 0.3839 | 0.3293.
◰◲ General info :
▣ Name: Enjin Coin
▣ Rank: 101
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Enjin is a Singapore-based technology company that provides services for building gaming communities as well as services for blockchain game developers. Enjin provides a suite of tools based on a web interface that supports Ethereum digital assets in the form of ERC-1155 tokens. Enjin also operates a virtual goods marketplaces for digital assets on Ethereum.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.4571 ₮
▣ 24HVol: 5,560,477.083 ₮
▣ 24H Chng: 2.673%
▣ 7-Days Chng: 5.78%
▣ 1-Month Chng: 7.52%
▣ 3-Months Chng: 25.76%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.4718 | 0.4931 | 0.5477
◢ Support: 0.4172 | 0.3839 | 0.3293
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.88
▣ Last 90D: 1.31
▣ Last 1-Y: -0.77
▣ Last 3-Y: 1.01
◲◰ Volatility :
▣ Last 30D: 0.78
▣ Last 90D: 0.99
▣ Last 1-Y: 1.00
▣ Last 3-Y: 1.35
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.79 - V. Bullish
▣ In-depth ENJUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
✴️ Enjin Coin Highest Volume Since Mid-2021 | Bull-MarketYesterday's session produced the highest daily volume since April 2021.
Every time we see a massive increase in purchase volume this precedes a bull market.
This is no surprise, after the bottom is hit, the only place left to go is up.
The bottom was hit December 2022 for this and many other Altcoins, so the path is clear for growth.
Notice back in 2021 the massive increase in volume... Volume flat through late 2020 and then a sudden jump preceding a bull market.
The same is happening now.
Volume completely flat through late 2022 and a sudden jump happens yesterday...
There is potential for so much growth.
Namaste.
ENJUSD hit the 1W MA50 after 1 year! Eyeing 1.0500.ENJIN (ENJUSD) is having a major bullish break-out today as not only did it break above the 1D MA50 (blue trend-line) for the first time in more than a month but also hit the 1W MA50 (red trend-line) for the first time in a year (since April 02 2022).
The chart on the right displays ENJ during its 2018/2019 Cycle and even though we need strong fundamentals to back such a strong and quick rally to the 0.786 Fibonacci level, a closing above the 1W MA50 now may be enough to initiate a steady rally to the 0.5 Fibonacci level, which is a little over 1.0500.
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ENJ : UPCOMING INCREASEA new study shows that ENJ has the chance to show coming time new increase views since it's about to break an important key level.
We will follow ENJ to see if it's able to increase in the coming time.