Fibonacci spirals could show us trend reversal points.
I will be watching the trend reversal in the middle of February and i hope uptrend will start with great momentum.
Let's see what is going to happen.
Not an investment idea. I just wanted to share my opinion.
EFIUSDT is interesting when it's cheap.
In last 14 days, we experiencing -%40.
IMO we can see new high for this pair.
Efinity is the world's cross-chain NFT blockchain.
Powered by the deflationary Efinity Token (EFI),
the network is environmentally friendly, scalable,
and built for games, apps, enterprises, and
creators to deliver their own...
Earlier this yr, Enjin secured $18.9 million in investment from investors, which include predominant crypto trade Crypto.Com to debut Efinity, its Polkadot-based blockchain for the NFT enterprise. EFI, the native cryptocurrency of Efinity, went live in August 2021 following a $20-million token sale in July.
Enjin’s modern move into the metaverse comes amid the...
Efinity formed a descending triangle. Usually a bearish pattern. But it breakout two weeks ago with a low volume. Yesterday, EFI then tested the strong support line again at around 0.70$, and then successfully bounced with a metaverse hype all the way to the 1,22$. The ideal entry would be at the support line - at around 0.70$. So you can wait for this to happen,...
I have been long awaiting the launch of Efinity
I can't attest to what will happen with price action in the short term, but long term ENJIN and its surrounding ecosystems are posed to take over the NFT and Gaming crypto space.
Do your own due diligence and research into what ENJIN is building here with launch of Efinity and Jumpnet.
Small piece of information...
Efinity is one of Coinlist's newest projects to be released. A purpose built chain for NFT's destined for Polkadot at some point, I'm guessing they will try and get a parachain slot in the upcoming auctions. This chain is built by the team over at Enjin which are responsible for much of the NFT token standards currently pumping pixelated jpgs.