NewsPrice Analysis

Enjin coin ( ENJ/USD) Price Escalates Tremendously Upto 10%

Currently, the markets looked incredibly bullish, it’s really commendable to see all cryptocurrencies step up swiftly . Majority of altcoins are enjoying the green day seeing upward momentum. One among them is Enjin Coin (ENJ) with 10.20%.

Over the past 24 hours, the Enjin coin (ENJ) price increased up to 10.4%, driving the price up to $0.168699 USD. At present, the coin is ranking in 55th position with market value $129,410,580 USD. Currently the coin is holding $43,196,385 USD  24 hour volume and 767,107,985 ENJ circulating supply.

Recently, Enjin has introduced blockchain asset support for EnjinX, which is the world’s fastest Ethereum explorer. It provides a universal library of next-generation ERC-1155 blockchain assets. And supports the creation of a decentralized, interconnected gaming experience like the 2018 box office hit Ready Player One.

Additionally, with the launch of the Samsung S10 and its incorporation in the well-known smartphone, the token saw growth from levels of $ 0.03 up to the maximum price of $ 0.103 in a week.

Further on the closure look, by analyzing the RSI indicator, an upcoming bullish trend might occur to bring levels of $ 0.20 to the token, after going through a long bearish period in the beginning of Q3 2019.

Overall, if this resistance is maintained, we may see the token reaching higher levels. However, it depends on the adoption that ENJ can achieve within the Gaming community. And also the success that can be gained with Samsung S10.

What is your opinion on the Enjin coin price analysis? Share your thoughts on our Twitter and Facebook pages.

Show More

Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

20 − seven =

Back to top button
Close