Enjin Coin (ENJUSD) Bulls Are Seeking A Rematch
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ENJUSD Analysis – Buyers Are Acting Tough
Enjin Coin bulls are seeking a rematch. This cryptocurrency has been around in the market for a while. The price of ENJUSD has been fluctuating, while buyers and sellers have been trying to gain control over the market.
The recent trend shows that the buyers are trying to recover their strength after being defeated for days. The sellers have been in charge of the market for the past two days. This time, the buyers are now getting back at them. The bullish expansion was terminated following buy sentiment up to the $0.33700 price zone.
Enjin Coin Market Zones
Resistance Zones: $0.46400, $0.33700
Support Zones: $0.284700, $0.204000
For months now, the bull market hasn’t made solid progress to cross the $0.35000 significant level. Instead, they have been rejected, leading to sellers getting back into the scene. However, the $0.284700 price zone is yet to be crossed at the moment.
The buy traders need stronger confidence to reclaim this order level and position further. Bullish momentum has been on the decline for a while. However, buyers are getting ready to reclaim their strength. Traders should keep a close watch as buyers nod for a challenge.
Market Expectation
The bulls continue to act tough, even in the face of sell traders. In the short time frame, the sellers are getting spiced up, but buyers remain confident. The market turnout is dependent on the crypto trading response. The buyers still, therefore, look convinced to push forward.
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