Engine price prediction for today, January 14 – ENJ Technical Analysis

The Enjin price prediction shows that ENJ could be facing an uptrend, and traders can expect the price rise to arrive early.

Engine prediction statistical data:

• Current engine price – $0.33
• Engine market capitalization – $436.8 million
• Enjin Circulating Supply – 1.3 billion
• Enjin total supply – 1.7 billion
• Enjin Coin Market Cap Ranking – 121st

EUR/USD market

Main level:

Resistance levels: $0.42, $0.44, $0.46

Support levels: $0.24, $0.22, $0.20

ENJ/USD is currently on the rise as the coin remains above its 9-day and 21-day moving averages. Engine prices have always tended to rise despite market pressures. However, the cryptocurrency market is suffering from volatility, and the market may soon do the same. The period following this should be prosperous.

Engine price prediction: ENJ could rise further

At the time of this writing, Enjin price is starting to remain strong at $0.33, with a possible downside move if it tests $0.32 support. However, if ENJ/USD starts abusing this level, traders can expect the price to fall below that level at some point and the important support levels of $0.42, $0.44, and $0.46 could be tested.

Looking at the daily chart, Engine price is hovering around $0.33, showing a strong bullish move, supported by slightly positive technical levels. However, resistance levels lie at $0.42, $0.44, and $0.46, but the 9-day moving average may need to break above the 21-day moving average to trigger a bullish move higher.

ENJ/BTC may begin an upward trend

Compared to Bitcoin, Enjin price is on the rise, surpassing its 9-day moving average and hitting a daily high of 735 SAT. However, ENJ/BTC is currently moving sideways within the channel as traders wait for strength to push the market higher.

Moreover, if the bulls are able to push the coin above its 21-day moving average, traders can expect initial resistance at 850 SAT. Higher resistance can be found above 930 SAT. Conversely, if sellers take the market below the moving average, a cross below the lower border of the channel could find significant support below 520 SAT.

engine alternatives

Enjin price is likely to rise above the resistance level of $0.35 as the price faces the resistance level of $0.28. As of this writing, engine prices are recovering above the 9-day and 21-day moving averages. Meanwhile, bulls must realize that the price must hold above the channel upper limit before reaching the potential resistance level.

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