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Enjincoin

ENJIN - One of My TOP Picks for the SeasonWhen we say season we mean Xmas season... ENJIN has a lot of great things going and as soon as BTC can start recovering we expect this coin to fly to new All Time Highs or higher. It’s Early Days, but Enjin May Be a Metaverse Crypto That’s Worth the Money: And like much of the crypto world, Enjin has experienced rapid growth. Year-to-date, its value is up 2,500%. That growth, combined with those previously mentioned factors, makes Enjin highly interesting right now. The best place to start in understanding Enjin is to start with the most relevant topic: The metaverse. Start your ENJINs. It will make it to Top-15, that's our expectation. the FXPROFESSOR
Long
by FX_Professor
1
Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger?Enjin Coin (ENJ) with bearish divergence on weekly RSI - danger? A similar bearish divergence can not be seen on the OBV - that looks stable. If we don't see higher highs with higher RSI peaks it might come to a longer correction. But here the weekly MA Ribbon (green line) is a well respected support 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *no financial advice do your own research before investing
BINANCE:ENJUSD
by Crypto4Everybody
2
BUYING Enjin Coin (ENJ) for a move up to $6.50!Enjin Coin (ENJ) Fundamental Analysis Enjin Coin is a project developed by Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. The company is using a great and innovative approach for taking the Blockchain space and elevating its utility and application, by connecting it to real-world value. 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 team at Enjin aims at building a product ecosystem that will help humanity create advanced virtual economies through the power of blockchain technology. 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. • The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain. Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard. Technical Analysis From a technical perspective, we’ve recently seen a strong 32% correction on ENJ, which has normalized the price action on the asset, as it had previously experienced a remarkable close to a 300% increase in the October – November period. As you can see, the uptrend channel on the daily chart is completely intact and the current corrective phase has brought the asset down to its upward sloping diagonal support line (blue line). This line has proven to be a great entry point for opening LONG positions on ENJ in the past. The price has held above its 20, 50 and 200-period daily EMAs, which is another signal for the absence of strong selling pressure, showing that the most recent correction was more driven by a profit taking interest after the strong rally and a broad market weakness, rather than an intrinsic weakness of the project. Both the RSI and the Stochastic oscil lator have already retraced from their overbought conditions, with the RSI already moving sideways, showing a rather neutral relative strength at the moment. However, we believe that the risks are skewed to the upside and that the current rather positive macro framework for the crypto market and the point that we are currently at in the current crypto market cycle are all signaling that ENJ should be moving sharply higher from here. Our plan is to open our LONG positions on ENJ around the $3.35 level and look to exit half of our position at $6 per coin and then close the rest at around $7.50-8 per coin. We will place our Stop Loss at the $2.49 mark in case of a major price breakdown. At any rate, we will be interested in opening a much larger position again on ENJ if the price drops towards the $1.80-2.00 range.
ELong
by DowExperts
5
🕹️ ENJIN = Time for Higher 🍊Price on support, which used to be resistance = Time to Buy NEWS: Amasa Integrates Enjin and Efinity for Metaverse Micro Incomes Enjin: powering the metaverse Enjin has been one of the beneficiaries of Facebook’s recent metaverse dive in 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 $100M Fund to Support Metaverse Projects The Efinity Metaverse Fund will aim to support work on metaverse projects on Enjin and Polkadot. Just another great development to support our analysis.🦾 Oh! and it's Carbon negative 🍏💚 Start your ENJINS if you haven't... Get your ENJINS going if you have the FXPROFESSOR 🕹️ (Once a gamer always a gamer)
Long
by FX_Professor
2
ENJ/USDT 4HOUR UPDATEWelcome to this quick ENJ/USDT analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- ENJ/USDT cup and handle pattern confirm retest buy the dip and green zone Entry:- CMP and buy green zone Traget:- 40% to 50% Stoploss:-21moving average downside candle close Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages Do hit the like button if you like it and share your charts in the comments section. Thank you..
Long
by CryptoSanders9563
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge. If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position. Take profit ideas: TG1 - 4.3$ 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
₿ Bella 1D ₿ : 23.Nov.2021 (BEL)This analysis is a review of the # BELUSDT daily chart and we can expect good growth from this Cryptocurrency considering its movement and reaction to the price range in which it is located. (Buy Recommendation) But Always do your own research (DYOR) BEL Price Live Data The live Bella Protocol price today is $2.40 USD with a 24-hour trading volume of $29,715,366 USD. We update our BEL to USD price in real-time. Bella Protocol is up 12.43% in the last 24 hours. The current CoinMarketCap ranking is #447, with a live market cap of $115,323,964 USD. It has a circulating supply of 48,000,000 BEL coins and a max. supply of 100,000,000 BEL coins. coinmarketcap.com 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 📅 23.Nov.2021 ⚠️(DYOR) ❤️ To give us energy and motivation , please like and leave a comment. ❤️
Long
by ArmanShabanTrading
5
₿ 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
Long
by ArmanShabanTrading
6
🕹️ 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