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Home CRYPTO

Enjin Just Flipped Bullish: Is a 100% Rally on the Horizon?

Gary Ponce by Gary Ponce
April 22, 2025
in CRYPTO, FINANCE, GAMING, OPINION
Reading Time: 3 mins read
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  • Enjin ($ENJ) is showing bullish momentum, recently breaking out of a long consolidation phase and now testing resistance at $0.11, with analysts eyeing $0.20 as a short-term target.
  • The launch of Enjin’s NFT SDK has boosted market sentiment, making it easier for developers to integrate NFTs into games—strengthening Enjin’s Web3 gaming position.
  • With strong fundamentals and renewed interest, Enjin could be setting up for a major rally, especially if broader market conditions continue to improve.

Enjin

Enjin ($ENJ) is a gaming-focused Layer 1 blockchain offering fast, low-cost NFT integration, true asset ownership, and seamless tools for developers—powering cross-game economies with over 5,000 TPS and native NFT support.

Enjin ENJ logo

Price Action

Currently trading at $0.095 with a market cap of $173.9 million, $ENJ has experienced its share of market swings. Over the past 12 months, it approached the $0.40 mark on two separate occasions, but did not quite break through. Broader market sell-offs dragged the price down to yearly lows—but recent price action tells a different story. Notably, over the last 7 days, $ENJ has started to reverse, showing signs it could be gearing up for a move.

Enjin ENJ price chart

Credit: CoinGecko

Price Predictions

After a prolonged consolidation, $ENJ has broken above a strong resistance zone at $0.07 and is now testing the next key level at $0.11. Looking ahead, analysts note that the price has exited a descending channel and is now pressing up against a major resistance area. A clean breakout above $0.11 could trigger a solid bullish wave, with short-term targets pointing toward the $0.20 range.

Enjin ENJ price prediction

Market Sentiment and Developments

Market sentiment around Enjin is shifting positively, driven by the recent launch of its NFT SDK. This new development tool allows creators to easily integrate NFTs into games and applications—fueling excitement about Enjin’s potential to lead in gaming and Web3 infrastructure.

Future Outlook

Looking forward, Enjin’s deep focus on gaming, combined with continued product rollouts, sets the stage for long-term growth. If adoption continues and market conditions support a broader recovery, $ENJ could be well-positioned for a strong rebound.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $ENJBlockchaincryptoEnjinNFTWeb3
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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