The Enjin Coin price prediction shows that ENJ is beginning to restart the uptrend as the coin touches the daily high at $0.30.

Enjin Coin Price is Still Recovering, 1.23% Higher at $0.305

Enjin Coin Price enters the new week with flair, showcasing a subtle bullish trend that is anticipated to extend over the next few days, and potentially throughout the upcoming week. As of now, the Enjin Coin price stands at $0.302, following the successful conquest of resistance at $0.300 by the bulls.

Enjin Coin Prediction Statistics Data:

• Enjin Coin price now – $0.30
• Enjin Coin market cap – $417.2 million
• Enjin Coin circulating supply – 1.3 billion
• Enjin Coin total supply – 1.7 billion
• Enjin Coin Coinmarketcap ranking – #130

ENJ/USD Market

Key levels:

Resistance Levels: $0.40, $0.45, $0.50

Support Levels: $0.20, $0.15, $0.10

ENJ/USD looks green today as the price hovers above the resistance level of $0.297 from the low of $0.296. However, any further bullish movement toward the upper boundary of the channel may increase the Enjin Coin price to $0.350 resistance. Meanwhile, traders should note that a consistent price increase could bring more buyers into the market if the bulls increase their positions.

Enjin Coin Price Prediction: ENJ Price May Break Higher

In the past few days, the Enjin Coin has been following a sideways movement, but the bulls resumed the market and began to push the coin upward. However, the daily chart reveals that if the 9-day moving average crosses above the 21-day moving average, it could increase the bullish movement within the channel.

Meanwhile, bears may take advantage of the coin if slides below the lower boundary of the channel. However, the 9-day moving average could not cross above the 21-day moving average, but if the Enjin Coin price stays above the moving averages, it could move near the upper boundary of the channel to hit the resistance levels of $$0.40, $0.45, and $0.50, but sliding below the lower boundary of the channel may bring the price down to the supports at $0.20, $0.15, and $0.10.

ENJ/BTC Could Move to the Upside

Against Bitcoin, the Enjin Coin price is hovering below the 9-day and 21-day moving averages. However, intraday trading is bullish as the coin moves to cross above the upper boundary of the channel to reach the resistance level at 750 SAT and above.

On the contrary, if the sellers bring the market down, any bearish cross below the lower boundary of the channel may cause this coin to hit the support at 500 SAT and below. Meanwhile, the 9-day moving average remains below the 21-day moving average, suggesting more bearish signals in the market.

In a riveting proclamation to his 569 followers on X (formerly Twitter), the enigmatic @Dramatic_Ninja1 stirred excitement by boldly asserting that the cryptocurrency $ENJIN is on the verge of a monumental surge, ready to elevate itself to new heights.

$ENJIN starting to move👀🚀 pic.twitter.com/QtESsTwEnB

— Dramatic_Ninja (@Dramatic_Ninja1) December 26, 2023

Enjin Alternatives

According to the daily chart, the Enjin price is poised for a bullish movement but may face a downside break if the $0.25 support is tested. Meanwhile, Bitcoin Minetrix, with its decentralized cloud mining platform, stands out against the Enjin’s market cap of $417.2 million, achieving $10.6 million during its presale, promising substantial growth potential.

Bitcoin Minetrix ICO Surpasses $10 Million: Is This the Next Crypto Gem?

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• Source: https://insidebitcoins.com/news/enjin-coin-price-prediction-for-today-february-11-enj-technical-analysis