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Enjin

Enjin (ENJ) - May be ready now for another move upENJ has pulled back with much of the market, Meta and gaming began pulling back slightly earlier as investors appeared to be cashing profits and rolling back into BTC recovery before BTC sharply dived taking the market with it, coinciding with reports of new COVID strain which no doubt bears have made the most of with some aggressive selling to drive FUD Yet ENJ has held this trend and is now hoping to break upwards through this declining resistance, buy the retest or wait for it to break above last swing, still may break down and trade lower as sellers are still very active Indicators look good, hopefully it can continue to push up
Long
by jamoooo
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge. If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG1 - 4.3$ TG2 - 4.5$ TG3 - 4.75$ ------------------ I keep it simple and clean! Likes, comments, and follows are dearly appreciated. Let me know what you think and which ones you would like for me to analyze next. Trade safely! ------------------ About Enjin: "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." Source: Coinmarketcap.com
Long
by Droz_TA
🕹️ 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 $100M Fund to Support Metaverse Projects The Efinity Metaverse Fund will aim to support work on metaverse projects on Enjin and Polkadot. www.coindesk.com . Just another great development to support our analysis.🦾 Oh! and it's Carbon negative 🍏💚 Start your ENJINS if you haven't... Get your ENJINS going if you have the FXPROFESSOR 🕹️ (Once a gamer always a gamer)
Long
by FX_Professor
3
Taking Another Look at ENJINA large curve (or parabola (I think)) can be drawn on the ENJIN chart, showing a previous point of resistance turning directly into a point of support This point of support is further emphasized with a golden cross right on the line This suggests the bull movement is not over, and price will continue to rise The main structure can also be drawn as a symmetrical triangle, which also has a bullish nature The circles I have mainly placed for fun, but a nice trendline up against the circles can be drawn, displaying the symmetry of the chart I am long ENJIN
HITBTC:ENJUSDLong
by Bixley
8
🕹️ ENJIN = Gaming Leader + NFT.io 🍊 (p2)Can ENJIN reach (Ripple XRP? Our guess is YES, it should pass it to say the least. facts: ENJIN will need to x16 from where it is today to catch XRP Enjin has been and will be one of our top-5 favorites. The price can keep growing (we see a target of 7$ 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
Long
by FX_Professor
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
ENJUSDT / A metaverse play ready for another 100% leg-up? ENJIN is part of the metaverse holy trinity alongside MANA & SAND It's already broken out of a long term symmetrical triangle retested and popped off a nice little 100% gain inside 2 weeks. The retrace found solid support on the .618 fib of the April swing high and the June low, and aided by a pretty fresh TD9 has bounced straight out of the bull flag. There's plenty of room on the Alpha Wave RSI and volume is picking up again. A break and close above $3.65 and we're off. Short-term targets $4.00/ $4.88/ $6.00
by D160x