Image of BENJI
BENJIBasenji
$0.001416
-2.82%
1D

Basenji Analysis

Investment Score
A quick view into Basenji's investment prospects.
7.1

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 82%
Why this state?
  • BENJI is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
BENJI is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 54.08, which is neither overbought nor oversold.
Volatility
Quiet
BENJI ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001514 - $0.001572
Active zone
$0.001410 - $0.001486
Support zone
$0.001329 - $0.001409
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

Basenji support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001329 - $0.001409
Resistance zone
$0.001514 - $0.001572
Active zone
$0.001410 - $0.001486
Levels Table
LevelZoneStrength
Support 1$0.001329 - $0.001409
Support 2$0.001241 - $0.001317
Resistance 1$0.001514 - $0.001572
Resistance 2$0.001741 - $0.001899
Resistance 3$0.001969 - $0.002066
Resistance 4$0.002287 - $0.002363
Active 1$0.001410 - $0.001486
Scenario Analysis
Bullish scenario

BENJI clears the resistance zone at $0.001514 - $0.001572 and holds above it. That would strengthen the breakout case and shift attention to $0.001741 - $0.001899.

Bearish scenario

BENJI loses the support zone at $0.001329 - $0.001409. That would weaken the setup and open the way toward $0.001241 - $0.001317.

Neutral scenario

BENJI continues trading between $0.001409 and $0.001514. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.001463
Bullish
BENJI is trading above the 50-day average.
SMA200
$0.001673
Bearish
BENJI remains below the long-term trend line.
EMA50
$0.001463
Bullish
BENJI is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002207
Bearish
BENJI is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
54.08
Neutral
RSI (14) is at 54.08, which keeps momentum in a balanced range.
Stoch RSI (14)
75.42
Neutral
Stoch RSI (14) is at 75.42, which suggests momentum is active but not yet extreme.
MACD
0.0₅8036
Bullish
MACD is above its signal line.
ATR
3.95%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001425
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
70.97
Neutral
CCI (20) is at 70.97, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00003543
Bullish
Awesome Oscillator is above zero at $0.00003543, which supports bullish momentum.
Williams Percent Range (14)
-28.08
Neutral
Williams Percent Range (14) is at -28.08, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.00002301
Bullish
Bull Bear Power (13) is positive at $0.00002301, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
61.72
Neutral
Ultimate Oscillator is at 61.72, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001481
Bearish
BENJI is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001418
Bullish
BENJI is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Basenji

Over the past 7 days, Basenji price was most positively correlated with the price of Pyth Network (PYTH), Sui Crypto (SUI), Virtuals Protocol (VIRTUAL), Sei (SEI) and Worldcoin (WLD) and most negatively correlated with the price of TRON (TRX), Injective (INJ), Monero (XMR), Morpho (MORPHO) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of Pyth NetworkPyth Network0.899
Image of Sui CryptoSui Crypto0.843
Image of Virtuals ProtocolVirtuals Protocol0.820
Image of SeiSei0.809
Image of WorldcoinWorldcoin0.804
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.714
Image of InjectiveInjective-0.528
Image of MoneroMonero-0.470
Image of MorphoMorpho-0.457
Image of BeldexBeldex-0.439

Basenji price is positively correlated with the top 10 coins by market cap with a price of 0.284, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.272. Currencies that are positively correlated with Basenji indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Basenji, a move in one direction for Basenji would translate into a move in the opposite direction for the negatively correlated coin.

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