Image of ENJ
ENJEnjin Coin
$0.02857
-3.10%
1D

Enjin Coin Analysis

Investment Score
A quick view into Enjin Coin's investment prospects.
6.0

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
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: 69%
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 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
ENJ is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 47.31, which is neither overbought nor oversold.
Volatility
Volatile
ENJ ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03518 - $0.04175
Active zone
$0.02201 - $0.03479
Support zone
$0.01687 - $0.01991
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
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
$0.01687 - $0.01991
Resistance zone
$0.03518 - $0.04175
Active zone
$0.02201 - $0.03479
Levels Table
LevelZoneStrength
Support 1$0.01687 - $0.01991
Resistance 1$0.03518 - $0.04175
Resistance 2$0.04718 - $0.05023
Resistance 3$0.05582 - $0.06082
Resistance 4$0.06307 - $0.06719
Active 1$0.02201 - $0.03479
Scenario Analysis
Bullish scenario

ENJ clears the resistance zone at $0.03518 - $0.04175 and holds above it. That would strengthen the breakout case and shift attention to $0.04718 - $0.05023.

Bearish scenario

ENJ loses the support zone at $0.01687 - $0.01991. That would weaken the setup and open the way toward $0.01687 - $0.01991.

Neutral scenario

ENJ continues trading between $0.01991 and $0.03518. 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
$0.02844
Bullish
ENJ is trading above the 50-day average.
SMA200
$0.03372
Bearish
ENJ remains below the long-term trend line.
EMA50
$0.02921
Bullish
ENJ is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03147
Bearish
ENJ is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
47.31
Neutral
RSI (14) is at 47.31, which keeps momentum in a balanced range.
Stoch RSI (14)
4.60
Oversold
Stoch RSI (14) is low at 4.60, which shows momentum is pressing near its recent lower extreme.
MACD
0.0003711
Bearish
MACD is below its signal line.
ATR
7.94%
Volatile
Volatility is above its 180-day median.
VWMA
$0.03239
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-72.78
Neutral
CCI (20) is at -72.78, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0003204
Bullish
Awesome Oscillator is above zero at $0.0003204, which supports bullish momentum.
Williams Percent Range (14)
-83.43
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -83.43.
Bull Bear Power (13)
$-0.0008343
Bearish
Bull Bear Power (13) is negative at $-0.0008343, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
41.63
Neutral
Ultimate Oscillator is at 41.63, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02917
Bullish
ENJ is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.03333
Bearish
ENJ is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Enjin Coin

Over the past 7 days, Enjin Coin price was most positively correlated with the price of Virtuals Protocol (VIRTUAL), The Graph (GRT), Pudgy Penguins (PENGU), Ethereum Classic (ETC) and Bonk (BONK) and most negatively correlated with the price of LEO Token (LEO), Basic Attention Token (BAT), Pyth Network (PYTH), Monero (XMR) and TRON (TRX).

Positively Correlated Currencies
NameCorrelation
Image of Virtuals ProtocolVirtuals Protocol0.976
Image of The GraphThe Graph0.973
Image of Pudgy PenguinsPudgy Penguins0.971
Image of Ethereum ClassicEthereum Classic0.969
Image of BonkBonk0.967
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.798
Image of Basic Attention TokenBasic Attention Token-0.590
Image of Pyth NetworkPyth Network-0.561
Image of MoneroMonero-0.549
Image of TRONTRON-0.481

Enjin Coin price is positively correlated with the top 10 coins by market cap with a price of 0.670, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.715. 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.

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