• Enjin (ENJ/USD) is currently trading at $0.39 with a bullish trend supported by positive technicals
• The coin is expected to gain more upwards, with possible resistance levels of $0.50, $0.52, and $0.54
• Support levels of $0.30, $0.28, and $0.26 can be tested if the $0.36 level is broken
Enjin (ENJ/USD) has been experiencing a strong bullish trend over the past few days, with the price currently trading at $0.39. The coin has managed to remain above the 9-day and 21-day moving averages, suggesting that the bulls are in control. However, the crypto market is still volatile and the market may soon come out in the same way.
The Enjin price prediction shows that ENJ is likely to gain more upwards, with a possible resistance of $0.50, $0.52, and $0.54. If the $0.36 support is tested, it’s likely to break to the downside, and the critical support levels of $0.30, $0.28, and $0.26 may be tested. On the daily chart, the Enjin price is hovering around $0.39 with a strong bullish movement supported by slightly positive technical levels.
The overall sentiment in the crypto market has been positive and most of the coins have been doing well. Enjin is no exception, as the coin has been seeing some positive developments. The Enjin team has recently announced the launch of the EnjinX explorer, which will make it easier to explore the blockchain. The team also announced a new partnership with Loom Network, which will enable developers to build games and apps on Ethereum and Loom.
In conclusion, the Enjin price prediction shows that ENJ is likely to gain more upwards, with a possible resistance of $0.50, $0.52, and $0.54. However, if the $0.36 support is tested, it’s likely to break to the downside, and the critical support levels of $0.30, $0.28, and $0.26 may be tested. The Enjin team has been making some positive developments, which could further drive the price of ENJ upwards. With the current bullish trend, it is likely that the Enjin price will continue to rise in the near future.