Enjin Coin (ENJ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 3.24% to $2.69.
Moderately VolatileInvestorsObserver gives Enjin Coin a moderate volatility rank of 32, placing it in the bottom 32% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ENJ's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Enjin Coin price is well positioned going forward. With support at $2.52 and resistance at $2.77. This leaves Enjin Coin with room to run before facing selling pressures.