Former President Trump once famously declared, “We’re going to start winning again—winning so much that you may even get tired of winning.” That same confident tone now echoes in his messaging to the cryptocurrency community, as he signals support for a sector that continues to draw attention amid macroeconomic uncertainty.
Recent geopolitical tensions and rising tariffs have contributed to volatility in traditional equity markets. As investor sentiment cools in response to these headwinds, capital appears to be rotating into safe-haven assets like gold. However, with gold trading near premium entry levels, some investors may begin to eye riskier, high-upside alternatives—including digital assets—as a long-term play.
This scenario sets the stage for a potential altseason, where capital flows into alternative cryptocurrencies gain momentum. Among these, Enjin Coin (ENJ) stands out as a project showing technical promise.
After a period of consolidation, ENJ traders has pushed the price for a last low, likely serving to grab liquidity at lower levels. This move may have flushed out overleveraged long positions and weak hands, creating a foundation for a more sustainable rally. The recent price action shows signs of a possible bullish reversal, particularly if confirmed by strong follow-through in the form of high-volume daily candles.
While confirmation is still required, ENJ’s current setup could represent the early stages of a broader upward trend—especially if supported by continued market rotation into the crypto sector and a resurgence in retail and institutional interest.
Related News:
-Blockchain in a Blink: Bringing Enjin to 1 Billion Telegram Users with Substreak
Recent geopolitical tensions and rising tariffs have contributed to volatility in traditional equity markets. As investor sentiment cools in response to these headwinds, capital appears to be rotating into safe-haven assets like gold. However, with gold trading near premium entry levels, some investors may begin to eye riskier, high-upside alternatives—including digital assets—as a long-term play.
This scenario sets the stage for a potential altseason, where capital flows into alternative cryptocurrencies gain momentum. Among these, Enjin Coin (ENJ) stands out as a project showing technical promise.
After a period of consolidation, ENJ traders has pushed the price for a last low, likely serving to grab liquidity at lower levels. This move may have flushed out overleveraged long positions and weak hands, creating a foundation for a more sustainable rally. The recent price action shows signs of a possible bullish reversal, particularly if confirmed by strong follow-through in the form of high-volume daily candles.
While confirmation is still required, ENJ’s current setup could represent the early stages of a broader upward trend—especially if supported by continued market rotation into the crypto sector and a resurgence in retail and institutional interest.
Related News:
-Blockchain in a Blink: Bringing Enjin to 1 Billion Telegram Users with Substreak
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.