{"id":422645,"date":"2023-07-24T21:17:45","date_gmt":"2023-07-24T21:17:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=422645"},"modified":"2023-07-25T12:58:54","modified_gmt":"2023-07-25T12:58:54","slug":"enjin-price-prediction-for-today-july-23-enj-usd-pumps-as-price-hits-0-32-resistance","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/enjin-price-prediction-for-today-july-23-enj-usd-pumps-as-price-hits-0-32-resistance","title":{"rendered":"Enjin Price Prediction for Today, July 23: ENJ\/USD Pumps as Price Hits $0.32 Resistance"},"content":{"rendered":"<p>The Enjin price prediction reveals that ENJ may continue to follow the bullish movement as the coin moves to cross above the channel.<\/p>\n<h2>Enjin Prediction Statistics Data:<\/h2>\n<ul>\n<li>Enjin price now &ndash; $0.31<\/li>\n<li>Enjin market cap &ndash; $319 million<\/li>\n<li>Enjin circulating supply &ndash; 1 billion<\/li>\n<li>Enjin total supply &ndash; 1 billion<\/li>\n<li>Enjin Coinmarketcap ranking &ndash; #100<\/li>\n<\/ul>\n<h2>ENJ\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $0.40, $0.42, $0.44<\/p>\n<p>Support levels: $0.23, $0.21, $0.19<\/p>\n<figure id=\"attachment_422651\" aria-describedby=\"caption-attachment-422651\" style=\"width: 979px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-422651 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJUSD_11072023a.png\" alt=\"Enjin Price Prediction for Today, July 23: ENJ\/USD Pumps as Price Hits $0.32 Resistance\" width=\"979\" height=\"536\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJUSD_11072023a.png 979w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJUSD_11072023a-300x164.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJUSD_11072023a-768x420.png 768w\" sizes=\"(max-width: 979px) 100vw, 979px\"><figcaption id=\"caption-attachment-422651\" class=\"wp-caption-text\">ENJUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-enjin\">ENJ\/USD<\/a> is likely to hold gains above the support level of $0.30 as the price faces the resistance level of $0.35. At the time of writing, the Enjin price is recovering above $0.30 and the 9-day moving average remains above the 21-day moving average. Meanwhile, the Enjin price could start another decline unless it surpasses and stays above the main $0.35 resistance zone.<\/p>\n<h2>Enjin Price Prediction: Would Enjin Hold Above $0.32?<\/h2>\n<p>According to the daily chart, the <a href=\"https:\/\/insidebitcoins.com\/news\/enjin-price-prediction-for-today-june-6-enj-usd-holds-above-0-31-as-price-breaks-higher\">Enjin price<\/a> is currently hovering at the resistance level of $0.31 and the initial support could still be created below the previous low at $0.30. If the coin eliminated this level, the sell-off may begin with the next focus on the $0.25 level. Therefore, if this support level drops further, the downward momentum could begin to snowball, and the next closest supports may be located at $0.23, $0.21, and $0.19.<\/p>\n<p>As the daily chart reveals, bulls must realize the need to cross above the upper boundary of the channel before they can get to the potential resistance levels. Above this handle, traders may need to consider a sustained move for the extended recovery to the resistance levels of $0.40, $0.42, and $0.44. Meanwhile, the technical indicator, the Relative Strength Index (14) faces the 60-level, which could give additional bullish signals, and this may be possible if the signal line crosses above this level.<\/p>\n<p>Against BTC, buyers are making an effort to step back into the market as the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Enjin<\/a> price keeps showing some promising signs. On the upside, if the price crosses above the upper boundary of the channel, the nearest resistance level could be located at 1200 SAT and above.<\/p>\n<figure id=\"attachment_422648\" aria-describedby=\"caption-attachment-422648\" style=\"width: 979px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-422648 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJBTC_11072023.png\" alt=\"\" width=\"979\" height=\"536\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJBTC_11072023.png 979w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJBTC_11072023-300x164.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/ENJBTC_11072023-768x420.png 768w\" sizes=\"(max-width: 979px) 100vw, 979px\"><figcaption id=\"caption-attachment-422648\" class=\"wp-caption-text\">ENJBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, when looking from the downside, the nearest support level is below the moving averages at 850 SAT. Therefore, if the price drops further to create another low, lower support is located at 800 SAT and below. The Relative Strength Index (14) could move to cross above the 60-level which indicates that the market may follow the bullish movement.<\/p>\n<h2>Enjin Alternatives<\/h2>\n<p>Looking at the daily chart, the Enjin price is likely to trend to the upside and a bullish movement above the upper boundary of the channel could push the coin to the positive side. Meanwhile, the Orchid will have to keep the price above the moving averages in other to guide against the downward pressure.<\/p>\n<p>On that note, given the sheer scale of the <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">Wall Street Memes<\/a> community, it&rsquo;s no surprise that it has attracted attention from influential figures who recognize the power of meme-driven movements. Meanwhile, there has already been close to $17 million raised during the presale.<\/p>\n<p><strong>Read more:&nbsp;<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/ltc-usd-market-38\">Litecoin Price Prediction: LTC\/USD Makes Huge Gains as Price Shoots Above $110 Level<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-cash-price-prediction-bch-usd-gains-4-94-as-bulls-pushes-the-price-above-200\">Bitcoin Cash Price Prediction: BCH\/USD Gains 4.94% as Bulls Pushes the Price above $200<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New OKX Listing - Wall Street Memes<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/05\/wall-street-memes.svg\" alt=\"Wall Street Memes\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Established Community of Stocks &amp; 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Enjin Prediction <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/wall-street-memes\" title=\"Wall Street Memes\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":422650,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[12240,9988,12248,7992],"class_list":["post-422645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-enj","tag-enjin","tag-enjusd","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Enjin Price Prediction for Today, July 23: ENJ\/USD Pumps as Price Hits $0.32 Resistance<\/title>\n<meta name=\"description\" content=\"The Enjin price prediction reveals that 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