ZOGRAS

Analytics ENG/BTC

BINANCE:ENGBTC   None
The Enigma project positions itself as a solution for traders and investors. The team has clear plans for project development. However, in our opinion, the idea is difficult to scale.
The coin is distinguished by low liquidity and a chart with poor data for technical analysis. On the positive side, we can note that trading volumes are at a constant level since March, while other altcoins have experienced a significant decline.
Since early September, the token is in a narrow corridor 0,00009727-0,00008270, and this creates additional risks, because exit from the channel can occur in any direction, and the reasons for growth are not observed. Volatility is about 6-8% per day. This case and the high price of the token gives good opportunities for intraday trading. Growth potential is about 240-280%. Not suitable for long-term investments.

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