The latest price movements and possible scenarios for Enjin Coin (ENJ) and Decentraland (MANA).
ENJIN Technical Analysis Most Likely Scenario: Bullish Uptrend / Higher Highs & Lows. Broken the bullish flag pattern. The 2.4000 USDT level holds the price from a move to the downside. Least Likely Scenario: Bearish Potential Bearish Flag formation. 61.8% Fibonacci retracement. Break and close below the 1.9650 USDT, the bullish scenario will be invalidated Decentraland (MANA) Technical Analysis Most Likely Scenario: Bullish Price faced strong resistance around the 1.1813 USDT level. A lower correction is expected. Buyers might ride the trend again around the 1.0058 USDT level. Least Likely Scenario: Bearish The expected correction might turn to be a bearish channel. The potential of a Double Top formation. A break and close below the 0.8008 USDT level will invalid our bullish scenario.AnalyticalRead More
You might also be interested in reading Alex Saunders issues a public apology and claims to be settling crypto dealings.