Enjin Coin Cryptocurrency is currently on bearish momentum by 17.41% in the last 24 hours. At 00:51 EST on Friday, 23 April, Enjin Coin is at $2.03.
Enjin Coin Range
Concerning Enjin Coin’s daily highs and lows, it’s 11.54% up from its trailing 24 hours low of $1.82 and 20.39% down from its trailing 24 hours high of $2.55.
Currently, Enjin Coin has 159384 Twitter followers and 29508 Reddit subscribers.
As of now, on Github, there are 114 forks, 199 stars, and 32 subscribers.
Enjin Coin’s last week, last month’s, and last quarter’s current volatility was 3.34%, 3.34%, and 3.34%, respectively.
Enjin Coin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.34% (last week), 3.34% (last month), and 3.34% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Enjin Coin’s crypto is considered to be overbought (>=80).
News about Bitcoin
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
More news about Enjin Coin.