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Enjin Coin (ENJ) Receives a Very Bullish Rating Monday: Is it Time to Get on Board?

Monday, March 04, 2024 05:41 PM | InvestorsObserver Analysts
Enjin Coin (ENJ) Receives a Very Bullish Rating Monday: Is it Time to Get on Board?

Enjin Coin (ENJ) gets a very bullish rating from InvestorsObserver Monday. The crypto is up 11.25% to $0.5854436121 while the broader crypto market is up 4.61%.

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

Very Bullish

Over the last five days, Enjin Coin has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Enjin Coin 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

Enjin Coin is currently trading near its five-day high of $0.597955514603004. The crypto is 2.09% off its five-day high and is 61.15% higher than its five-day low of $0.363291680812836.

Enjin Coin price is currently above resistance. With support set around $0.484323970965995 and resistance at $0.560751847915305, Enjin Coin is potentially in a volatile position if the rally burns out.

Enjin Coin 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 Enjin Coin

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