Image of ENG
ENGEnigma
$0.002359
0.00%
1D

Enigma Analysis

Investment Score
A quick view into Enigma's investment prospects.
7.4

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

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Quiet
Confidence: 76%
Why this state?
  • ENG 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
ENG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 98.79, which points to stretched upside momentum.
Volatility
Quiet
ENG ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01384 - $0.01789
Active zone
$0.0003672 - $0.01080
Support zone
$0.00 - $0.002359
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Enigma 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
$0.00 - $0.002359
Resistance zone
$0.01384 - $0.01789
Active zone
$0.0003672 - $0.01080
Levels Table
LevelZoneStrength
Support 1$0.00 - $0.002359
Resistance 1$0.01384 - $0.01789
Resistance 2$0.02139 - $0.02507
Active 1$0.0003672 - $0.01080
Scenario Analysis
Bullish scenario

ENG clears the resistance zone at $0.01384 - $0.01789 and holds above it. That would strengthen the breakout case and shift attention to $0.02139 - $0.02507.

Bearish scenario

ENG loses the support zone at $0.00 - $0.002359. That would weaken the setup and open the way toward $0.00 - $0.002359.

Neutral scenario

ENG continues trading between $0.002359 and $0.01384. 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
$0.002077
Bullish
ENG is trading above the 50-day average.
SMA200
$0.002436
Bearish
ENG remains below the long-term trend line.
EMA50
$0.002151
Bullish
ENG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002643
Bearish
ENG is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
98.79
Overbought
RSI (14) is elevated at 98.79, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.00006926
Bearish
MACD is below its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.002359
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
66.67
Neutral
CCI (20) is at 66.67, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0001058
Bullish
Awesome Oscillator is above zero at $0.0001058, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$0.0₅9144
Bullish
Bull Bear Power (13) is positive at $0.0₅9144, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
14.16
Oversold
Ultimate Oscillator is weak at 14.16, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.002359
Bullish
ENG is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002170
Bullish
ENG is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Enigma

Over the past 7 days, Enigma price was most positively correlated with the price of OKB (OKB), Bitcoin SV (BSV), JUST (JST), Chainlink (LINK) and Cosmos (ATOM) and most negatively correlated with the price of BitTorrent (BTT), Bitcoin Cash (BCH), Aerodrome Finance (AERO), Litecoin (LTC) and Aptos (APT).

Positively Correlated Currencies
NameCorrelation
Image of OKBOKB0.798
Image of Bitcoin SVBitcoin SV0.767
Image of JUSTJUST0.733
Image of ChainlinkChainlink0.732
Image of CosmosCosmos0.667
Negatively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent-0.919
Image of Bitcoin CashBitcoin Cash-0.824
Image of Aerodrome FinanceAerodrome Finance-0.795
Image of LitecoinLitecoin-0.784
Image of AptosAptos-0.781

Enigma price is negatively correlated with the top 10 coins by market cap with a price of -0.432, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.303. Currencies that are positively correlated with Enigma 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 Enigma, a move in one direction for Enigma would translate into a move in the opposite direction for the negatively correlated coin.

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