The metaverse industry has felt the brunt of the long-term bearish crypto market conditions during 2022,...

Metaverse tokens with more than $1 billion in market capitalization plunged more than 90% in value throughout 2022 due to an industry-wide tanking of the...

Metaverse coins have arrived and with a flurry of digital coins on the market these days, figuring one’s way around them can be a...

It’s been a bearish past week, fueled by the hawkish Fed’s 50 basis point hike, wiping off nearly $62 billion from the cryptocurrency market,...

Metaverse coins have arrived and with a flurry of digital coins on the market these days, figuring one’s way around them can be a...

Enjin Coin price has seen three green days with a nice run-up. This move comes after ENJ bulls breached a declining trend line that subdued it since 25 November. The recent uptick in bullish momentum suggests that ENJ is leading the Metaverse coins like MANA or SAND. Metrics forecast more gains  Enjin Coin price crashed […]

Metaverse coins are currently under pressure. Although the broader crypto market has struggled in…

The post Top 3 coins to buy after the metaverse bloodbath appeared first on Coin Journal.

Riveredge LLC, a crypto business based in Seychelles launches MetaX, a new exchange powered by the Binance Cloud. A new Meta-focused exchange (includes GameFi, NFT). MetaX is backed by Binance Cloud, thus users will be able to trade the same coins on Binance, as well as Meta-related coins that aren’t listed on Binance. MetaX Concept […]

Even though the technical chart indicated heavy bear attacks on Metacoins during the recent correction phase. The fundamental development of the Metaverse ecosystem has significantly upscaled as more renowned companies and industry giants like Meta(previously known as Facebook), Apple, and now Disney entering the metaverse. Furthermore, the Bitcoin price reclaims the $40000 milestone has positively

The post Why Are Metaverse Coins Skyrocketing Today? MANA, GALA, AXS Price Analysis appeared first on CoinGape.

The ENJ coin price shows a bullish reversal within a long-coming falling wedge pattern as Metaverse coins gain bullish attention. Enjin Coin is a subsidiary of Enjin, which offers an interconnected ecosystem of games that are based on blockchain technology. The flagship product of Enjin is the Enjin Network, a social gaming platform where players can create clans and websites. Enjin lets game developers tokenize game items using their Ethereum blockchain. It utilizes Enjin Coin, an ERC-20 token, to secure the digital assets created by its platform. This means that products can be purchased, sold, or traded using real-world value. Let us move ahead to read about Enjin technical analysis. Past Performance of ENJ The ENJ coin price action forms a long-coming support trendline in the daily chart. Currently, the price bounces from the trendline and the $1.5 horizontal level to rise more than 10% in the past 24 hours. Therefore, a price jump to the next level at $2.15 is possible. ENJ/USD Daily Chart ENJ Technical Analysis The ENJ coin price action creates a huge falling wedge pattern in the 24-hour chart, with a price jump from the support trendline. Hence, a further bullish continuation within the pattern to the resistance trendline is possible. The crucial Exponential Moving Averages struggle to maintain a bullish alignment in the daily chart after the bearish crossover of the 50 and 100-day EMA. The price breaks below the 200-day EMA, however, the recent jump hints at a possible fallout retest. The DMI Indicator shows the ADX above 30%, reflecting a solid trend momentum in play. But the -DI remains higher than the +DI line despite a recent reversal in the lines supporting a bullish comeback. The MACD Indicator shows a parabolic reversal in the fast line as it approaches to cut higher above the signal line. Therefore, a bullish crossover indicating a bullish takeover is possible shortly. Therefore, the technical indicators reflect a possible bullish reversal in the ENJ coin price. Upcoming Trend The ENJ coin price takes support in the long-coming falling wedge pattern reflecting the possibility of a bullish reversal to touch the resistance trendline. Therefore, bullish traders can find entry spots at current prices.  Buyers can target the $2 and $2.15, coinciding with the 200-day EMA as upcoming targets. However, a sudden jump in selling pressure will drive the price lower to the $1.15 mark. At the time of writing, TradingView analyzes the 4-hour chart of ENJ and gives a “NEUTRAL” signal. Technical Analysis for ENJUSD

The post ENJ Technical Analysis: Reversal Within Wedge Brings Buyers Back appeared first on Cryptoknowmics-Crypto News and Media Platform.

Popular crypto deritives exchange platform BitMEX, announced today it has introcued three new basket indices available for trading and investment, these include — .BALTMEXT (10 altcoins vs. USDT), .BDEFIMEXT (10 DeFi coins vs. USDT), and .BMETAMEXT (five metaverse coins vs. USDT). Index Compositions .BALTMEXT index consists of 10 coins: BNB, SOL, ADA, XRP, DOT, LUNA, […]

The post BitMEX introduces 3 new crypto basket indices (altcoins, DeFi, and metaverse) appeared first on CryptoNinjas.

With the recent crypto crash and the bear market this month, many Metaverse crypto coins are on a fire sale right now. That’s why we decided to compile a list of our top 5 favorite Metaverse crypto coins below $1 to buy in January 2022, ordered by unit price, lowest to highest. WAX (WAXP) – […]

The post Top 5 Metaverse Crypto Coins Below $1 To Buy in January 2022 appeared first on NullTX.