Image of ENJ
ENJEnjin Coin
$0.02960
5.71%
1D

Enjin Coin Analysis

Investment Score
A quick view into Enjin Coin's investment prospects.
6.9

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

What is helping
  • MACD is confirming the current directional bias.
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Stoch RSI is near the upper end of its range, which suggests short-term momentum may be overheated.
Market State Summary
Current regime
Bull Quiet
Confidence: 78%
Why this state?
  • ENJ 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
ENJ is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 62.77, which is neither overbought nor oversold.
Volatility
Quiet
ENJ ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03526 - $0.04012
Active zone
$0.02224 - $0.03252
Support zone
$0.01652 - $0.02021
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Enjin Coin 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
$0.01652 - $0.02021
Resistance zone
$0.03526 - $0.04012
Active zone
$0.02224 - $0.03252
Levels Table
LevelZoneStrength
Support 1$0.01652 - $0.02021
Resistance 1$0.03526 - $0.04012
Resistance 2$0.04783 - $0.04958
Resistance 3$0.05592 - $0.06017
Resistance 4$0.06364 - $0.06669
Active 1$0.02224 - $0.03252
Scenario Analysis
Bullish scenario

ENJ clears the resistance zone at $0.03526 - $0.04012 and holds above it. That would strengthen the breakout case and shift attention to $0.04783 - $0.04958.

Bearish scenario

ENJ loses the support zone at $0.01652 - $0.02021. That would weaken the setup and open the way toward $0.01652 - $0.02021.

Neutral scenario

ENJ continues trading between $0.02021 and $0.03526. 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
$0.02588
Bullish
ENJ is trading above the 50-day average.
SMA200
$0.03248
Bearish
ENJ remains below the long-term trend line.
EMA50
$0.02667
Bullish
ENJ is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03167
Bearish
ENJ is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
62.77
Neutral
RSI (14) is at 62.77, which keeps momentum in a balanced range.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
0.0004968
Bullish
MACD is above its signal line.
ATR
4.60%
Quiet
Volatility is below its 180-day median.
VWMA
$0.02711
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
139.82
Bullish
CCI (20) is strong at 139.82, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.0009492
Bullish
Awesome Oscillator is above zero at $0.0009492, which supports bullish momentum.
Williams Percent Range (14)
-3.08
Overbought
Williams Percent Range (14) is near the top of its recent range at -3.08.
Bull Bear Power (13)
$0.001390
Bullish
Bull Bear Power (13) is positive at $0.001390, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
75.01
Overbought
Ultimate Oscillator is elevated at 75.01, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.02880
Bullish
ENJ is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02698
Bullish
ENJ is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Enjin Coin

Over the past 7 days, Enjin Coin price was most positively correlated with the price of Ethereum Name Service (ENS), Pyth Network (PYTH), Virtuals Protocol (VIRTUAL), Litecoin (LTC) and Cardano (ADA) and most negatively correlated with the price of JUST (JST), Beldex (BDX), World Liberty Financial (WLFI), Aster (ASTER) and Pendle (PENDLE).

Positively Correlated Currencies
NameCorrelation
Image of Ethereum Name ServiceEthereum Name Service0.978
Image of Pyth NetworkPyth Network0.974
Image of Virtuals ProtocolVirtuals Protocol0.970
Image of LitecoinLitecoin0.967
Image of CardanoCardano0.967
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.568
Image of BeldexBeldex-0.108
Image of World Liberty FinancialWorld Liberty Financial0.043
Image of AsterAster0.467
Image of PendlePendle0.576

Enjin Coin price is positively correlated with the top 10 coins by market cap with a price of 0.875, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.860. Currencies that are positively correlated with Enjin Coin 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 Enjin Coin, a move in one direction for Enjin Coin would translate into a move in the opposite direction for the negatively correlated coin.

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