Enjin Coin is all set to reach a milestone for the ENJ + EFI, which in turn may boost the price to rally towards the North
The upward trend of the coin suggest that the rally currently is only half way and the price may end up valued in double digit
Enjin Coin is one of the popular NFT tokens which manifest a strong bullish trend nowadays. With a nearly 40% rally in the past week, the ENJ price manifested a strong momentum to hit the milestone at much higher levels than expected.
Moreover, the CEO of Enjin Coin, Maxim Blagov has hinted at the most important milestone awaiting ahead for the ENJ and EFI platform.
With a significant upgrade in the ENJ ecosystem, the probability of a positive impact on the price rises.And hence a major bull run may be on the cards which may rally the price to as high as above $10 also.
Will ENJ Price Go Beyond $10?
The price that maintained a sideway trend since its inception, spiked suddenly with the beginning of 2021. However, the recent slash drained the price more than 50%, yet the token showcases a strong desire to regain the lost positions.
Interestingly, considering the recent price movements, a healthy bounce may be expected on the cards. As predicted by a popular technical analyst, Jordan Bullfort, the rally may also hit as high as $15.
The analyst also said that the zones in between $1.44 and $1.45 are the zones one can enter and book profits. As the market conditions are still vague, one can expect a pretty healthy bounce for the Enjin coin price from the current levels.