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Enigma (ENG) Receives a Bearish Rating Sunday: Is it Time to Jump Ship?

Sunday, March 20, 2022 01:30 PM | InvestorsObserver Analysts
Enigma (ENG) Receives a Bearish Rating Sunday: Is it Time to Jump Ship?

Enigma (ENG) gets a bearish rating from InvestorsObserver Sunday. The token is down 42.2% to $0.02076037278 while the broader crypto market is down 2.1%.

Sentiment Score - ,
Enigma has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Enigma!

Bearish

Over the last five days, Enigma has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Enigma over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Enigma is currently trading near its midpoint for the past five-days. The token is 44.26% off its five-day high and is 82.29% higher than its five-day low of $0.0113888792693615.

Enigma price is currently below support. With support set around $0.0225125678882621 and resistance at $0.0430373770252488, Enigma is potentially in volatile territory as selling pushes the crypto's price below recent support.

Enigma has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Enigma

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