Enjin Price Prediction for Today, June 6: ENJ/USD Holds Above $0.31 as Price Breaks Higher

Updated: 06 June 2023

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The Enjin price prediction is moving with an uptrend, and traders could expect an early arrival of a price rally.

Enjin Prediction Statistics Data:

Enjin price now – $0.31
Enjin market cap – $319 million
Enjin circulating supply – 1 billion
Enjin total supply – 1 billion
Enjin Coinmarketcap ranking – #100

ENJ/USD Market

Key Levels:

Resistance levels: $0.40, $0.45, $0.50

Support levels: $0.25, $0.20, $0.15

Enjin Price Prediction for Today, June 6: ENJ/USD Holds Above $0.31 as Price Breaks Higher — ENJUSD – Daily Chart

ENJ/USD is ranging as the coin remains below the 9-day and 21-day moving averages. The Enjin price has always sought to increase despite the pressure of the market. However, the crypto market is struggling with volatility, and the market may come out in the same way soon. The period after this one should be flourishing.

Enjin Price Prediction: ENJ Could Gain More

At the time of writing, the Enjin price may begin to hold strong as the coin is ready for a bullish movement. However, it’s possible that if the $0.30 support is tested, it’s likely to break to the downside. Meanwhile, if ENJ/USD begins to abuse this level, the traders can expect the price to break beneath it at some point, and the critical support levels of $0.25, $0.20, and $0.15 may be tested.

Looking at the daily chart, the Enjin price is hovering around $0.31 with a strong bullish movement supported by slightly positive technical levels. However, the resistance levels are located at $0.40, $0.45, and $0.50 while the technical indicator Relative Strength Index (14) remains below the 40-level, suggesting bearish movement.

Against Bitcoin, the Enjin price is also grinding higher as the market price faces the upper boundary of the channel to cross above the 9-day and 21-day moving averages. However, ENJ/BTC is now contained within the channel as traders wait for the bulls to hopefully push the market higher while the technical indicator Relative Strength Index (14) moves above the 40-level.

Moreover, if the bulls can push the coin above the moving averages, traders could expect initial resistance at 1300 SAT. Above this, higher resistance can then be found at 1500 SAT and above. On the contrary, if the sellers bring the market below the lower boundary of the channel, it can hit critical support at 1000 SAT and below.

Alternatives to Enjin

The Enjin price is trading around the $0.31 resistance level but the coin remains below the 9-day and 21-day moving averages. However, if the bulls push the market price above the moving averages, the nearest resistance may be located around $0.35. Moreover, if the market increases, additional resistance could be gained. Moreover, if the market increases, additional resistance could be gained. Ultimately, whether or not WSM will hit the heights forecast by Crypto Gains and Jacob Bury remains to be seen. However, one thing is for sure – the eyes of the crypto world are now firmly fixed on Wall Street Memes as it continues to make headway in the market gaining almost $5 million in the ongoing presale.

New OKX Listing - Wall Street Memes

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