Enjin Coin (ENJ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has added 8.59% to $2.51.
Moderately VolatileInvestorsObserver gives Enjin Coin a moderate volatility rank of 29, placing it in the bottom 29% 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 trading above resistance. With support near $2.2 and resistance around $2.37. This positions Enjin Coin out of range and potentially in a volatile position if the rally burns out.