Enjin Coin (ENJ) Showing Positive Price Action Can It Keep Up With Bullish Rated Tradecurve (TCRV)?

Enjin Coin (ENJ) Showing Positive Price Action Can It Keep Up With Bullish Rated Tradecurve (TCRV)?

Time Stamp: July 3, 2023 10:29 AM
Source Node: 2156611

In a significant milestone for the crypto industry, institutional investors are now re-entering the market. As a result, most digital assets are now in the green territory, including Enjin Coin (ENJ), recovering from its recent losses. Similarly, the price of Tradecurve has been on the rise, with its presale gaining 20% over the last week to set a new trading high.

Enjin Coin  Shows Green Pattern, But Can it Hold?

Enjin Coin , one of the leading gaming projects, has been showing bullish patterns over the last week as the broader crypto market pushes for a recovery. Recently, the Enjin Coin  community passed a governance proposal that will involve the migration of the Efinity parachain to the Enjin Blockchain.

The proposal was passed with a 99.7% success and will also involve associated token swap for Efinity. As a major development, the price of ENJ has been on the rise in the last 24 hours, gaining 4.2% as a result. As a result of the recent gains, ENJ has hit an interday trading high of $0.2994 per token.

The gains put Enjin Coin (ENJ) back on a bullish path as it looks to recover from the decline suffered over the last several months. However, to continue on the bullish path, ENJ would need to break out of the $0.3 resistance. The Relative Strength Index 14 (RSI) of Enjin Coin currently stands at 52.016 and if it manages to break out of this region, the coin could rally to $0.4 next week.

Tradecurve Surges 20% in A Week, But Can It Maintain Gains?

Like Enjin Coin (ENJ), Tradecurve has been on the bullish end of the crypto market but has been one of the top-performing assets over the last week. The price of Tradecurve has jumped by 20% in the last week, with its price jumping from $0.015 to set a new trading high at $0.018 per token. Experts predict that the bullish momentum of Tradecurve could further drive its price by as much as 40% this week.

Investors Are Joining Tradecurve Presale At Rapid Pace

Amidst the price surge of TCRV, its parent platform, Tradecurve, has also been experiencing an influx of new investors. Tradecurve has seen more than 12,500 new registrations for its new trading platform which could change the crypto trading space. Tradecurve is building the first decentralized trading platform where traders would have access for the first time to derivatives instruments from stocks, forex, commodities, and options markets. The idea has sparked a major interest in the crypto trading space.

A Way Forward for Crypto

With the growing interest in Tradecurve, crypto market analysts have projected that the exchange could become one of the top three trading platforms before the end of 2023. As a top three exchange, the utility of the token of Tradecurve, TCRV, could see up to a 100x rise, piquing the interest of analysts. Many analysts are already using the limited 50% purchase bonus offer to stack up TCRV tokens.

To find more information about Tradecurve and the TCRV token, visit the links below:

Click Here For the Website

Click Here To Buy TCRV Presale Tokens

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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