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Enjin Coin / TetherUS

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ENJUSDT trade ideas

ENJIN- Our Selected Trade for the Weekend is CARBON NEGATIVE! 🍏If the weather is nice (if Bitcoin rises and the rest follow) then ENJIN will deliver. If the weather will be bad during the weekend (Bitcoin drops and everything elses follow) then ENJIN will not drop as much as the rest. Why? Because the charts looks much better than the rest of my favorites, including Ada, Sia, Vet and Celo. Let's hope the weather will be good. NEWS: Enjin said it sold $20 million in EFI tokens through a public sale on CoinList. Held on June 24, Enjin said there were 40,089 participants in the sale who purchased the EFI tokens in just two and a half hours. EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens (NFTs). Despite a recent dip in the crypto market, the sale indicates continued interest in getting in early on new tokens. The Efinity blockchain platform supports NFTs from any blockchain, including Polkadot, Kusama, Ethereum, Enjin’s JumpNet and more. “NFTs are the future of digital ownership,” said Enjin CEO Maxim Blagov. “Efinity will provide the infrastructure needed to harness NFTs with ease, and allow creators to focus on the creative process.” and more GREAT NEWS : Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate. The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate Agreement, the Accord was established in April to address the "large and growing energy consumption of cryptocurrency and blockchain, and the climate impact of their energy use.” Enjin claims that its JumpNet blockchain has already achieved carbon-negative status nine years ahead of schedule. In March, the company said it planned to enable carbon-neutral NFTs by 2030. the FXPROFESSOR
Long
by FX_Professor
5
ENJ SHORT !!!Hello Everyone ! Hope your all doing Great? Upwards Resistance level: $1.15 - we have had several daily closes below that strong support now turned resistance level. personally i believe everything in crypto depends on bitcoin and bitcoin is not looking too convincing for a rally up to $40k probably we might see a downside to $25k then to $22k where the 3day 200 ma resistance line and 3year resistance level can hold then we find our bottom and rally up. targets : Enjin needs a weekly close below the 50 ema line, cause none of the heikin ashi candles have closed below there to make it another strong resistance level like $1.15 so i say a close below 0.92 we can then have tp 1 at $0.70(again) tp 2 $0.5 tp 3: $0.30 tp4 $0.20 then after said tp's we can have a relief rally to $1.99 -$ 3 most importantly enjin is about to have a death cross both on the moving averages and exponentials 50 & 200!
Short
by DingsX