Image of NENG
NENGNengcoin
$0.0₆5515
1.22%
1D

Nengcoin Analysis

Investment Score
A quick view into Nengcoin's investment prospects.
5.3

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Sideways Quiet
Confidence: 62%
Why this state?
  • NENG is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
NENG is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 39.47, 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
$0.0₆5639 - $0.0₆6396
Active zone
$0.0₆4985 - $0.0₆5589
Support zone
$0.0₆4236 - $0.0₆4951
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
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
$0.0₆4236 - $0.0₆4951
Resistance zone
$0.0₆5639 - $0.0₆6396
Active zone
$0.0₆4985 - $0.0₆5589
Levels Table
LevelZoneStrength
Support 1$0.0₆4236 - $0.0₆4951
Support 2$0.0₆2872 - $0.0₆3568
Support 3$0.0₆2145 - $0.0₆2640
Resistance 1$0.0₆5639 - $0.0₆6396
Resistance 2$0.0₆6540 - $0.0₆6738
Resistance 3$0.0₆6937 - $0.0₆7135
Resistance 4$0.0₆7802 - $0.0₆8195
Active 1$0.0₆4985 - $0.0₆5589
Scenario Analysis
Bullish scenario

NENG clears the resistance zone at $0.0₆5639 - $0.0₆6396 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆6540 - $0.0₆6738.

Bearish scenario

NENG loses the support zone at $0.0₆4236 - $0.0₆4951. That would weaken the setup and open the way toward $0.0₆2872 - $0.0₆3568.

Neutral scenario

NENG continues trading between $0.0₆4951 and $0.0₆5639. 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
$0.0₆5887
Bearish
NENG is trading below the 50-day average.
SMA200
$0.0₆4351
Bullish
NENG remains above the long-term trend line.
EMA50
$0.0₆5481
Bullish
NENG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₆4452
Bullish
NENG is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
39.47
Neutral
RSI (14) is at 39.47, which keeps momentum in a balanced range.
Stoch RSI (14)
50.67
Neutral
Stoch RSI (14) is at 50.67, which suggests momentum is active but not yet extreme.
MACD
-1.296e-8
Bearish
MACD is below its signal line.
ATR
2.78%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₆5735
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-87.60
Neutral
CCI (20) is at -87.60, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-6.341e-8
Bearish
Awesome Oscillator is below zero at $-6.341e-8, which supports bearish momentum.
Williams Percent Range (14)
-79.68
Neutral
Williams Percent Range (14) is at -79.68, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-1.717e-8
Bearish
Bull Bear Power (13) is negative at $-1.717e-8, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.90
Neutral
Ultimate Oscillator is at 43.90, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0₆5433
Bullish
NENG is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₆6200
Bearish
NENG is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Nengcoin

Over the past 7 days, Nengcoin price was most positively correlated with the price of Bittensor (TAO), Avalanche (AVAX), Polygon Ecosystem Token (POL), Raydium (RAY) and Dogecoin (DOGE) and most negatively correlated with the price of Beldex (BDX), Dash (DASH), JUST (JST), Monero (XMR) and Quant (QNT).

Positively Correlated Currencies
NameCorrelation
Image of BittensorBittensor0.939
Image of AvalancheAvalanche0.938
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.935
Image of RaydiumRaydium0.929
Image of DogecoinDogecoin0.928
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.204
Image of DashDash-0.171
Image of JUSTJUST0.015
Image of MoneroMonero0.135
Image of QuantQuant0.270

Nengcoin price is positively correlated with the top 10 coins by market cap with a price of 0.835, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.765. 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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