Image of ENJ
ENJEnjin Coin
$0.02972
5.74%
1D

Enjin Coin Analysis

Investment Score
A quick view into Enjin Coin's investment prospects.
7.6

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

What is helping
  • MACD is confirming the current directional bias.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Macro Trend Warning: Price is below the 200-day moving average, keeping the long-term structure bearish and favouring caution on fresh longs.
Market State Summary
Current regime
Bull Quiet
Confidence: 77%
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 55.58, 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
$0.03521 - $0.04126
Active zone
$0.02224 - $0.03421
Support zone
$0.01646 - $0.02025
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
$0.01646 - $0.02025
Resistance zone
$0.03521 - $0.04126
Active zone
$0.02224 - $0.03421
Levels Table
LevelZoneStrength
Support 1$0.01646 - $0.02025
Resistance 1$0.03521 - $0.04126
Resistance 2$0.04777 - $0.04964
Resistance 3$0.05585 - $0.06023
Resistance 4$0.06359 - $0.06674
Active 1$0.02224 - $0.03421
Scenario Analysis
Bullish scenario

ENJ clears the resistance zone at $0.03521 - $0.04126 and holds above it. That would strengthen the breakout case and shift attention to $0.04777 - $0.04964.

Bearish scenario

ENJ loses the support zone at $0.01646 - $0.02025. That would weaken the setup and open the way toward $0.01646 - $0.02025.

Neutral scenario

ENJ continues trading between $0.02025 and $0.03521. 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
$0.02600
Bullish
ENJ is trading above the 50-day average.
SMA200
$0.03258
Bearish
ENJ remains below the long-term trend line.
EMA50
$0.02675
Bullish
ENJ is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03159
Bearish
ENJ is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
55.58
Neutral
RSI (14) is at 55.58, which keeps momentum in a balanced range.
Stoch RSI (14)
63.40
Neutral
Stoch RSI (14) is at 63.40, which suggests momentum is active but not yet extreme.
MACD
0.0005087
Bullish
MACD is above its signal line.
ATR
5.15%
Quiet
Volatility is below its 180-day median.
VWMA
$0.02704
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
73.88
Neutral
CCI (20) is at 73.88, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.001322
Bullish
Awesome Oscillator is above zero at $0.001322, which supports bullish momentum.
Williams Percent Range (14)
-33.20
Neutral
Williams Percent Range (14) is at -33.20, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0005374
Bullish
Bull Bear Power (13) is positive at $0.0005374, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
60.62
Neutral
Ultimate Oscillator is at 60.62, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02857
Bearish
ENJ is trading below the Hull Moving Average (9), which weakens 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 XRP (XRP), Cardano (ADA), Cronos (CRO), Terra Classic (LUNC) and Shiba Inu (SHIB) and most negatively correlated with the price of Pendle (PENDLE), StarkNet (STRK), Gnosis (GNO), JUST (JST) and Aster (ASTER).

Positively Correlated Currencies
NameCorrelation
Image of XRPXRP0.883
Image of CardanoCardano0.873
Image of CronosCronos0.872
Image of Terra ClassicTerra Classic0.864
Image of Shiba InuShiba Inu0.864
Negatively Correlated Currencies
NameCorrelation
Image of PendlePendle-0.379
Image of StarkNetStarkNet-0.259
Image of GnosisGnosis-0.243
Image of JUSTJUST-0.214
Image of AsterAster-0.191

Enjin Coin price is positively correlated with the top 10 coins by market cap with a price of 0.639, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.619. 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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