September 7 ENJ Technical Analysis and Todays Enjin Coin Price Forecast

September 7 ENJ Technical Analysis and Todays Enjin Coin Price Forecast


Enjin Coin Price Prediction: Restarting the Uptrend

The Enjin Coin price is showing signs of restarting its uptrend as it reaches a daily high of $0.27. Currently, the price stands at $0.26 with a market cap of $262.4 million. The circulating supply and total supply of Enjin Coin are both 1 billion. The coin is ranked #103 on Coinmarketcap.

ENJ/USD Market

The resistance levels for ENJ/USD are $0.32, $0.34, and $0.36, while the support levels are $0.19, $0.17, and $0.15. The price is currently above the resistance level of $0.25, and further bullish movement could push it to the $0.30 resistance. If the bulls continue to increase their positions, more buyers may enter the market.

Enjin Coin Price Prediction: Potential for Bullish Movement

Stay ahead in the crypto world with our newsletter!

Subscribe now for the latest updates, insights, and trends in the cryptocurrency market.

The Enjin Coin price has recently been moving sideways, but the bulls have regained control and started pushing the price upwards. A bullish crossover between the 9-day and 21-day moving averages could further increase the bullish movement. The Relative Strength Index (RSI) is also showing potential for a bullish signal. If the price stays above the moving averages, it could reach the resistance levels of $0.32, $0.34, and $0.36. However, a bearish movement could bring the price down to the support levels at $0.19, $0.17, and $0.15.

ENJ/BTC: Increasing Bullish Movement

Against Bitcoin, the Enjin Coin price is currently above the 9-day and 21-day moving averages. Intraday trading is bullish, and the coin may cross above the upper boundary of the channel to reach the resistance level at 1080 SAT and beyond. A bearish movement below the moving averages could cause the price to hit the support at 800 SAT and lower. The RSI is indicating potential for more bullish signals in the market.

Hot Take: Enjin Coin’s Unique Mission

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Enjin Coin sets itself apart from other meme coins with its mission to disrupt the traditional financial landscape and empower everyday investors. The token has already raised over $25 million during its presale phase and is getting ready for its official launch. Now is an opportune moment for potential investors to participate in this promising project.

Author – Contributor at | Website

Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.

Subscribe to our Social Media for Exclusive Crypto News and Insights 24/7!

Email me the hottest Crypto news!

You may also like

Share via
Share via