Image of NENG
NENGNengcoin
$0.0₆5008
3.00%
1D

Nengcoin Analysis

Investment Score
A quick view into Nengcoin's investment prospects.
6.3

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 75%
Why this state?
  • NENG is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
NENG is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 65.79, which is neither overbought nor oversold.
Volatility
Volatile
NENG ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₆4810 - $0.0₆6320
Active zone
$0.0₆4268 - $0.0₆4794
Support zone
$0.0₆2226 - $0.0₆4230
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
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
$0.0₆2226 - $0.0₆4230
Resistance zone
$0.0₆4810 - $0.0₆6320
Active zone
$0.0₆4268 - $0.0₆4794
Levels Table
LevelZoneStrength
Support 1$0.0₆2226 - $0.0₆4230
Resistance 1$0.0₆4810 - $0.0₆6320
Resistance 2$0.0₆6417 - $0.0₆6944
Resistance 3$0.0₆7138 - $0.0₆7667
Resistance 4$0.0₆7703 - $0.0₆8620
Active 1$0.0₆4268 - $0.0₆4794
Scenario Analysis
Bullish scenario

NENG clears the resistance zone at $0.0₆4810 - $0.0₆6320 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆6417 - $0.0₆6944.

Bearish scenario

NENG loses the support zone at $0.0₆2226 - $0.0₆4230. That would weaken the setup and open the way toward $0.0₆2226 - $0.0₆4230.

Neutral scenario

NENG continues trading between $0.0₆4230 and $0.0₆4810. 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
$0.0₆3255
Bullish
NENG is trading above the 50-day average.
SMA200
$0.0₆3712
Bullish
NENG remains above the long-term trend line.
EMA50
$0.0₆3650
Bullish
NENG is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₆3646
Bullish
NENG is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
65.79
Neutral
RSI (14) is at 65.79, which keeps momentum in a balanced range.
Stoch RSI (14)
18.40
Oversold
Stoch RSI (14) is low at 18.40, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₇5636
Bullish
MACD is above its signal line.
ATR
8.55%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0₆4487
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
42.71
Neutral
CCI (20) is at 42.71, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₆1424
Bullish
Awesome Oscillator is above zero at $0.0₆1424, which supports bullish momentum.
Williams Percent Range (14)
-36.90
Neutral
Williams Percent Range (14) is at -36.90, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₇1260
Bullish
Bull Bear Power (13) is positive at $0.0₇1260, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.94
Neutral
Ultimate Oscillator is at 48.94, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0₆4830
Bearish
NENG is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₆4290
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 Dogecoin (DOGE), Gram (prev. Toncoin) (GRAM), Lido DAO Token (LDO), Ethereum Name Service (ENS) and Terra Classic (LUNC) and most negatively correlated with the price of APENFT (NFT), JUST (JST), Arbitrum (ARB), Zcash (ZEC) and Pendle (PENDLE).

Positively Correlated Currencies
NameCorrelation
Image of DogecoinDogecoin0.897
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.896
Image of Lido DAO TokenLido DAO Token0.891
Image of Ethereum Name ServiceEthereum Name Service0.888
Image of Terra ClassicTerra Classic0.882
Negatively Correlated Currencies
NameCorrelation
Image of APENFTAPENFT-0.755
Image of JUSTJUST-0.615
Image of ArbitrumArbitrum-0.605
Image of ZcashZcash-0.430
Image of PendlePendle-0.339

Nengcoin price is positively correlated with the top 10 coins by market cap with a price of 0.500, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.559. 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.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app