Image of DEGE
DEGEDegeCoin
$0.00006018
-3.79%
1D

DegeCoin Analysis

Investment Score
A quick view into DegeCoin's investment prospects.
3.6

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 84%
Why this state?
  • DEGE is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
DEGE is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 41.44, which is neither overbought nor oversold.
Volatility
Quiet
DEGE ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00005979 - $0.00006219
Support zone
$0.00005055 - $0.00005468
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

DegeCoin 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
$0.00005055 - $0.00005468
Resistance zone
$0.00005979 - $0.00006219
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00005055 - $0.00005468
Support 2$0.00004751 - $0.00005024
Resistance 1$0.00005979 - $0.00006219
Resistance 2$0.00006261 - $0.00006500
Resistance 3$0.00007084 - $0.00007323
Resistance 4$0.00007372 - $0.00007611
Scenario Analysis
Bullish scenario

DEGE clears the resistance zone at $0.00005979 - $0.00006219 and holds above it. That would strengthen the breakout case and shift attention to $0.00006261 - $0.00006500.

Bearish scenario

DEGE loses the support zone at $0.00005055 - $0.00005468. That would weaken the setup and open the way toward $0.00004751 - $0.00005024.

Neutral scenario

DEGE continues trading between $0.00005468 and $0.00005979. 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
$0.00006330
Bearish
DEGE is trading below the 50-day average.
SMA200
$0.00007267
Bearish
DEGE remains below the long-term trend line.
EMA50
$0.00006355
Bearish
DEGE is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001711
Bearish
DEGE is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
41.44
Neutral
RSI (14) is at 41.44, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-4.907e-7
Bearish
MACD is below its signal line.
ATR
4.01%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00006769
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-112.18
Bearish
CCI (20) is weak at -112.18, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.000003145
Bearish
Awesome Oscillator is below zero at $-0.000003145, which supports bearish momentum.
Williams Percent Range (14)
-95.97
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -95.97.
Bull Bear Power (13)
$-0.000002745
Bearish
Bull Bear Power (13) is negative at $-0.000002745, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
27.94
Oversold
Ultimate Oscillator is weak at 27.94, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.00006050
Bearish
DEGE is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00006567
Bearish
DEGE is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to DegeCoin

Over the past 7 days, DegeCoin price was most positively correlated with the price of StarkNet (STRK), Tezos (XTZ), Monero (XMR), TRON (TRX) and Binance Coin (BNB) and most negatively correlated with the price of Bitcoin Cash (BCH), Bitcoin SV (BSV), LayerZero (ZRO), Pudgy Penguins (PENGU) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of StarkNetStarkNet0.768
Image of TezosTezos0.746
Image of MoneroMonero0.738
Image of TRONTRON0.688
Image of Binance CoinBinance Coin0.539
Negatively Correlated Currencies
NameCorrelation
Image of Bitcoin CashBitcoin Cash-0.895
Image of Bitcoin SVBitcoin SV-0.864
Image of LayerZeroLayerZero-0.853
Image of Pudgy PenguinsPudgy Penguins-0.822
Image of BitTorrentBitTorrent-0.802

DegeCoin price is negatively correlated with the top 10 coins by market cap with a price of -0.238, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.269. Currencies that are positively correlated with DegeCoin 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 DegeCoin, a move in one direction for DegeCoin 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