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Enjin Coin (ENJ) Rises 3.59% Thursday: What's Next for This Neutral Rated Crypto?

Thursday, August 11, 2022 07:03 AM | InvestorsObserver Analysts
Enjin Coin (ENJ) Rises 3.59% Thursday: What's Next for This Neutral Rated Crypto?

Enjin Coin (ENJ) gets a neutral rating from InvestorsObserver Thursday. The token is up 3.59% to $0.6946330491 while the broader crypto market is up 7.29%.

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

Neutral

Over the last five days, Enjin Coin has earned a Neutral 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 midpoint for the past five-days. The token is 5.03% off its five-day high and is 5.95% higher than its five-day low of $0.655639052391052.

Enjin Coin price is trading near resistance. With support set around $0.650959524037835 and resistance at $0.694882663609979, could face selling pressures soon.

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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