Enjin Market Cap at the peak of 2017 was $400 million.
Right now its at $2B, only 5X.
The amount of innovation and the work that's been done in the Gaming/VR space since then + Partnerships + Covid tailwinds suggest there's way more upside in Enjin despite the reason parabolic moves.
Catalysts
- Jumpnet launch April 2021
- Efinity Launch 31 Dec...
Hello to you all. Mars Signals team wishes you high profits at all times.
ENJ is an NFT token which has had a good growth and now it is ready to grow more. It is in a bullish triangle and if it is able to break the triangle line, it can see higher prices where we have shown the TPs for you on the chart.
Warning: This is just a suggestion to you and we do not...
Hi guys.
ENJ in one of the projects I have been following for quite some time, and it gave good results, so i think this is just a far signal to share with you.
The breakout of the triangle was seen on a one hour outlook while the markets were retracting and started recovering, and now we are seeing a confirmation on 45min chart, but still yet there is an overall...
Looks like a silly chart structure but who knows lol.
Value growth has been following a similar-looking pattern twice already, and right now it may be half-way to have a third one.
If it does, the value could reach 2.32 or so, then followed by a small retracement around previous high at 1.94.
Let's see
Hello followers
These are just my analysis and views on this coin and you should not base your trading on it, just go ahead with your own views, but your opinion is important to us.
Please comment?
ENJUSDT (1H CHART) Technical Analysis Update
Waiting for the Flag Pattern breakout
ENJ/USDT currently trading at $1.66
Buy-level: only enter after flag pattern Breakout ($1.67- $1.70)
Stop loss: I will update once I see the breakout
Target 1: $1.88
Target 2: $2.00
Target 3: $2.20
Target 4: $2.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our...
-Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers.
❇️Why they're important
NFTs have become hugely popular with crypto users and companies alike because of the way they revolutionized the gaming and collectibles space....
Hello to you all. Mars Signals team wishes you high profits at all times.
The price has formed a head-and-shoulders pattern. Now we expect the price to go toward its entry zone and then resume its pattern. If the price breaks the entry zone and move toward the Stop Loss, then our scenario is failed.
Warning: This is just a suggestion to you and we do not guarantee...
Enjin is a great project that is trying to get there hands in the NFT market to provide lower fees.
Game NFTs are a big thing Enjin will be used for.
Huge amounts of volume.
Price sitting above resistance.
If we close above $1.80 we can expect to continue upwards.
Enjin find itself at resistance as indicated by the fib extension and $1.8 level.
We also painted a bearish divergence on RSI which is not a good sign, however MACD is still looking very bullish so this is not a major concern now, however if we continue to push up and paint a bearish divergence, price will drop eventually, so keep that in mind.
Since MACD...
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1.5165).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ENJUSDT is in an uptrend, and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1.5165).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ENJUSDT is in an uptrend, and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Right now the price has broken a Down-trend line and now is ready to go higher. According to macd, stoch rsi, and Rsi signals, there might be a small retrace to the support line on 1.093$ and then a bounce up and that price might be a good entry. If the price breaks below that level there is a high chance for it to go even lower to 0.906$, 0.07714$, 0.6560$ if we...
