RIGEL, ENJ, DVI Surge Massively, Will They Smash the ATH?

The crypto market is slowly recovering from the losses, as the global market capitalization is approaching the lost positions above $1 trillion. The massive influx of liquidity in the crypto space in the past couple of days, hence driving most of the crypto assets towards new highs.

Miners Garden
Miners Garden

Among them are some of the tokens which surged notably, like RIGEL price, DVI price and ENJ price rallied huge in the past working day. The trading volume spiked almost double resulting in the massive bull run of the assets.

Rigel Finance(RIGEL) Price Surges More Than 150%

Rigel Finance

The RIGEL price had a pretty good start with a price close to $200 but woefully slipped to the levels close to $100. It further dipped below $100 also but successfully regained the momentum and rose to the current levels close to $250.

The massive rise in the trading volume of about 245.07% which raised the volume from more than $1 million to $4,682,721. The market capitalization also jumped from no-where to straight $1,052,769 since the previous working day.

The RIGEL price at the press time is $244.24 with a massive jump of 158.35%  since the last working day. 

Technical Specifications:

  • The asset is flying around its highest levels hence, resistance levels cannot be determined.
  • The support levels are currently formed at $117 and if it fails to sustain the next levels are formed at $95.
  • The technical indicators are presently neutral.

Dvision Network(DVI) price jump nearly 40%

Dvision Network

DVI price initiated trade with price less than $0.1 and trended within the same range for a month or two. However, a strong push rallied the price above $0.1 to hit $0.119555 but woefully declined back below $0.1 within no time. 

The trading volume in the past couple of days, the trading volume almost double which assisted the rally. Despite a decrease in the trading volume in the past working day, the bull run continued to surge more than 36% by touching $0.1450.

Technical Specifications

  • The immediate resistance levels lies at the ATH at $0.1797
  • The support levels are formed at $0.088
  • The technical indicators are neutral

Enjin Coin(ENJ) Price jumps more than 5%

Enjin Coin

Enjin Coin price was showcasing a sense of stability by trending in a very narrow range until a major push rallied the price. In the past couple of days, the ENJ price gained a huge momentum and rallied from 0.2427 to $0.4670 within a couple of hours.

The price rallied further above $0.4 after plunging below $0.3 yet again. At the time of writing, the ENJ price is $0.4220 with a jump of nearly 3.25%.

Technical Specifications

  • The resistance levels are formed at $0.49
  • The support levels are formed at $0.3987
  • The technical indicators point out towards a ‘strong buy’ 

Source: Read Full Article