Image of NENG
NENGNengcoin
$0.0₆6345
-3.18%
1D

Nengcoin Analysis

Investment Score
A quick view into Nengcoin's investment prospects.
8.1

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed 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: 94%
Why this state?
  • NENG is above SMA50
  • SMA50 is above 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
NENG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 60.80, which is neither overbought nor oversold.
Volatility
Quiet
NENG ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₆6508 - $0.0₆6853
Support zone
$0.0₆5645 - $0.0₆6321
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Nengcoin 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
$0.0₆5645 - $0.0₆6321
Resistance zone
$0.0₆6508 - $0.0₆6853
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0₆5645 - $0.0₆6321
Support 2$0.0₆4971 - $0.0₆5599
Support 3$0.0₆4179 - $0.0₆4962
Support 4$0.0₆2244 - $0.0₆4161
Resistance 1$0.0₆6508 - $0.0₆6853
Resistance 2$0.0₆7230 - $0.0₆7576
Resistance 3$0.0₆7728 - $0.0₆8529
Scenario Analysis
Bullish scenario

NENG clears the resistance zone at $0.0₆6508 - $0.0₆6853 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆7230 - $0.0₆7576.

Bearish scenario

NENG loses the support zone at $0.0₆5645 - $0.0₆6321. That would weaken the setup and open the way toward $0.0₆4971 - $0.0₆5599.

Neutral scenario

NENG continues trading between $0.0₆6321 and $0.0₆6508. 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
$0.0₆4860
Bullish
NENG is trading above the 50-day average.
SMA200
$0.0₆4112
Bullish
NENG remains above the long-term trend line.
EMA50
$0.0₆5265
Bullish
NENG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₆4178
Bullish
NENG is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
60.80
Neutral
RSI (14) is at 60.80, which keeps momentum in a balanced range.
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
0.0₇4816
Bearish
MACD is below its signal line.
ATR
4.15%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₆6434
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-10.10
Neutral
CCI (20) is at -10.10, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₇9018
Bullish
Awesome Oscillator is above zero at $0.0₇9018, which supports bullish momentum.
Williams Percent Range (14)
-76.03
Neutral
Williams Percent Range (14) is at -76.03, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-1.038e-9
Bearish
Bull Bear Power (13) is negative at $-1.038e-9, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
38.37
Neutral
Ultimate Oscillator is at 38.37, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0₆6623
Bearish
NENG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₆5826
Bullish
NENG is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Nengcoin

Over the past 7 days, Nengcoin price was most positively correlated with the price of Pendle (PENDLE), SPX6900 (SPX), Arbitrum (ARB), Optimism (OP) and Uniswap (UNI) and most negatively correlated with the price of Raydium (RAY), OKB (OKB), Avalanche (AVAX), LayerZero (ZRO) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of PendlePendle0.851
Image of SPX6900SPX69000.839
Image of ArbitrumArbitrum0.832
Image of OptimismOptimism0.802
Image of UniswapUniswap0.782
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.454
Image of OKBOKB-0.312
Image of AvalancheAvalanche-0.300
Image of LayerZeroLayerZero-0.292
Image of BeldexBeldex-0.242

Nengcoin price is positively correlated with the top 10 coins by market cap with a price of 0.429, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.462. Currencies that are positively correlated with Nengcoin 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 Nengcoin, a move in one direction for Nengcoin would translate into a move in the opposite direction for the negatively correlated coin.

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