$ENJ at 0.02355, but the two-stage upgrade matters more than the number. Fort Canning launches on Relaychain on November 9, then on Matrixchain on November 16; that means the market will deal with it in two stages, not all at once.
Support is at 0.0225–0.0230, with resistance at 0.0240 and then 0.0250.
The indicators aren’t helping: RSI at 51 is neutral, and MACD is negative. I see no reason to treat the current rise as a reversal before a daily close above 0.0250 on volume exceeding the average of recent sessions.
I expect 0.0240 to be the first test, and a failure there would send the price back to 0.0225. And if it closes above 0.0250.
This is analysis, not advice.
If you found this post useful, we’d appreciate your support with a like 👍
#ENJ #Enjin #BinanceSquare
Support is at 0.0225–0.0230, with resistance at 0.0240 and then 0.0250.
The indicators aren’t helping: RSI at 51 is neutral, and MACD is negative. I see no reason to treat the current rise as a reversal before a daily close above 0.0250 on volume exceeding the average of recent sessions.
I expect 0.0240 to be the first test, and a failure there would send the price back to 0.0225. And if it closes above 0.0250.
This is analysis, not advice.
If you found this post useful, we’d appreciate your support with a like 👍
#ENJ #Enjin #BinanceSquare
