$0.31
+ $0.01 (2.51%)
End-of-day quote: 2022-10-17
ENJ/USD

Is Enjin Coin on the rise?

No, the price of Enjin Coin has been decreasing steadily since January 19, 2022, and is currently down by -86.04%. The 200-day moving average is currently 149.98% above the current price. The 100-day moving average is 78.16% above the current price, and the 50-day moving average is 54.72% above the current price.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Enjin Coin Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For Enjin Coin prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $0.36, while the most pessimistic outlook is for $0.27.

The most recent forecasted price target for the next year is $0.31, which is crucial to note.

It's conceivable that Enjin Coin will drop -0.35% of its value in 2023.

ENJ - Relative Strength Forecast

Enjin Coin broke through the 25 strength line from above on 2022-09-05 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Late Sep 2022 we see how the relative strength rises from below 25 to above 25. Thus, Enjin Coin has been in a buy signal since 2022-09-21.

ENJ - Trend Prediction

ENJ - Price Volatility Prediction

From 07/26/2022 we see a weak Enjin Coin below the moving average, which thereby causes falling prices of Enjin Coin. From early Sep 2022 we then see a weak Enjin Coin, which then triggers a sell signal.

ENJ - Relative Strength

From 08/14/2022 to 08/15/2022 Enjin Coin was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Enjin Coin developing more and more weakness, which is a sell signal.

ENJ - Momentum Forecast

Mid Oct 2022 Enjin Coin left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Enjin Coin for a longer period of time which led to negative signals for Enjin Coin.

Enjin Coin's Prospects For 2025-2030

The next few years look good for Enjin Coin. Eleven analysts have predicted that by March 2025, Enjin Coin will have reached $0.31. The Enjin Coin price is expected to be $0.30 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $0.30.