๐ฅ $ENJ EXPLODES 67% โ Is the NFT Giant Waking Up?
๐ฐ Price: $0.1109
๐ 24H Change: +67.1%
๐ Market Cap: $110.9M
๐ Volume (24H): $385M
๐ Recent Highlights
๐งจ Major Breakout: ENJ just ripped +67% in a single day, smashing out of its months-long downtrend.
๐ฅ Volume Surge: Trading volume spiked by 2,400%, signaling massive renewed interest.
๐ฎ NFT Ecosystem Buzz: Enjin launched the "Snap Challenge" and new Degens NFTs, reigniting user engagement.
๐ Network Upgrade: Starting April 28, Enjin will elect 25 validators daily, boosting decentralization and chain security.
๐ Technical Breakdown
๐ Pattern: Clean breakout from a descending wedge โ classic bullish setup.
๐ข MACD: Bullish crossover confirmed on 1D chart.
โ ๏ธ RSI: 72 โ strong momentum, but nearing overbought.
๐งฑ Support: $0.09
๐ง Resistance: $0.12 โ currently testing. A flip here opens doors to $0.13+
๐ฎ Forecast Outlook
๐ฏ Short-Term Target: $0.12โ$0.13
๐ Mid-Term Potential (Q2-Q3 2025): $0.25โ$0.50
๐ Long-Term Vision: If adoption returns, ENJ could revisit the $3+ ATH zone.
๐ง Analyst Takeaway:
This isnโt just a pump โ ENJโs fundamentals are showing signs of revival. Ecosystem growth + tech upgrades + volume breakout = something to watch closely.
Are you bullish on ENJโs comeback? Drop your price target below!
