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Enjin Coin (ENJ) news

Enjin Coin (ENJ), Moderate Volatility and Rising Saturday: Is it Time to Cash Out?

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Enjin Coin (ENJ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has increased 6.94% to $3.08.

Moderately Volatile
InvestorsObserver gives Enjin Coin a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge follows meaning that one day won’t make or break its rank. ENJ’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Enjin Coin price is trading above resistance. With support near $2.76 and resistance near $2.99. This leaves Enjin Coin out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.


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Mila doesn’t only cover Blockchain and crypto, but she does focus the bulk of her writing efforts on this emerging technology and how it is impacting not just US markets, but global markets too. From the British Virgin Islands to China, her reporting leaves no global crypto stone unturned. Her tenacity and candid opinions on the impacts of crypto and Blockchain have made her a leading voice in the industry and a top source of truth to the curious masses.

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